Australia prepares millions in technology including Blockchain

[Ureka]

As reported by Coindesk. The government of Australia, through its Prime Minister Scott Morrison has announced a total of 800 million Australian Dollar to be invested into emerging technologies as part of the government's response to the pandemic. After the coronavirus pandemic wrecks havoc all over the globe, many countries are badly hit economically, Australia included. In order to boost the economy and stabilize the situation the government has pledged this fund for the country's smooth recovery and normalization. Among them several projects will be using blockchain to simplify legal process and make them more robust. These include digital identification system and business registration program

 

[Vladv26]

Soon most of the countries will start investing in blockchain technology because this is the future and blockchain technology can be used in lots of industries