MAKING SYDNEY THE BLOCKCHAIN CAPITAL OF THE ASIA PACIFIC LUNCHEON

Sydney has taken a big step on its journey to becoming the Blockchain capital of the Asia-Pacific region. 

At this lunch, Business Sydney launched a special paper on the subject in conjunction with Steve Vallas, the CEO of Blockchain APAC. 

It was great to have as our guest-of-honour The Hon. Anoulack Chanthivong MP, Minister for Better Regulation and Fair Trading, Minister for Industry and Trade and Minister for Innovation, Science and Technology, who is completely on board to further expand Sydney’s position as Australia’s Blockchain capital to the entire Asia-Pacific region. 

Australia has the foundations of a globally significant Blockchain and digital assets ecosystem.

Blockchain is no longer experimental technology. It is becoming part of the operating layer of financial markets influencing how assets are issued, traded and settled. Jurisdictions that move early to provide regulatory clarity and coordinated support will attract capital, talent and long-term investment.

For those new to the subject, Blockchains are shared digital ledgers maintained across a network of computers. Transactions are recorded in a way that is highly tamper-resistant and auditable, making the history transparent, verifiable and resilient.

In financial services terms, Blockchain enables institutions, market infrastructure providers and regulated businesses to exchange value and information with stronger auditability, faster settlement and more consistent data integrity across systems, including across borders.

Talis Putnins, Co-CEO, Digital Finance CRC also addressed the guests and the vote of thanks was delivered by Melina Morrison, CEO, Business Council Co-ops & Mutuals.