SA seeks to be Blockchain leader

SOUTH AUSTRALIA AIMING TO BE BLOCKCHAIN LEADER

•First international Summit on blockchain in Australia.
•Potential to generate millions of dollars in the economy.
•World blockchain leaders to highlight enormous opportunities for Australia and business.

South Australia is positioning itself as the blockchain leader in Australia with the potential to generate millions of dollars of economic activity.

The South Australian Government and ADC Forum are collaborating with world leading blockchain entrepreneurs, financiers and regulators on the first ADC Global Blockchain Summit in Australia. The Summit will be held in Adelaide on 18-19 March 2019.

South Australian Premier, Steven Marshall, said the Summit will play a major role in strengthening South Australia’s reputation as a leading innovator and present another opportunity to further showcase the government’s vision for Lot Fourteen.

ADC Forum CEO Anton Roux said blockchain was rapidly moving into the mainstream of business and government, but there was a need for a better understanding of the opportunities, as well as the pitfalls.

“Governments and international standard setters will also need to share the policy and regulatory frameworks to ensure integrity of processes, while letting innovation thrive,” he said.

ADC Forum will collaborate with the OCED, Austrade and industry associations to bring international blockchain leaders to the Summit.

The Summit will showcase how businesses have successfully adapted to blockchain technology and will share the insights of international investors, technology leaders, senior international regulators, innovators and business leaders on how they are expanding their businesses using blockchain and hackathons to focus on opportunities.

Among the leading organisations that will be part of the Summit are OECD, CSIRO’s Data 61, Kingsland University School of Blockchain, Shyft, SALT Lending, Paradym Global, and The Ethics Centre.

SA Premier, Steven Marshall:
“The conference will play a major role in strengthening South Australia’s Place as an innovator. I am proud that South Australia has been able to attract this calibre of global leader from the new economy.
“It will complement other government initiatives such as Lot Fourteen, the redevelopment of the Royal Adelaide Hospital site into a hub for future industries and entrepreneurship, creating a lasting legacy for South Australia.”

OECD Greg Medcraft, Director of the OECD Directorate for Financial and Enterprise Affairs: “Blockchain is already transforming industries and our economies, but fully realising its potential will depend on getting domestic and international policy environments right”.

CSIRO Data61 CEO, Adrian Turner: : “Blockchain has the potential to transform industries by removing unnecessary middlemen, improving business processes, service delivery and creating entirely new value through applications like smart contracts.”

Kingsland University School of Blockchain, CEO and Founder, John Souza: “Blockchain is the great economic enabler of our times and, at Kingsland, we’re committed to sharing that opportunity through our global education and skills development initiatives.”

Shyft, co-founder and Chairman of Shyft and Paycase, Joseph Weinberg: “The ADC Global Blockchain Summit will be a great opportunity for leaders across industry and government to join in discussions on how to best realise this progress together.”

SALT Lending Executive Vice President & Director of Global Strategy, Benjamin Yablon: “We have recognised Australia as a leader in blockchain-related activity.”

Paradym Global Director Loretta Joseph: “Blockchain technology is the most disruptive technology we have seen since the inception of the internet.”

The Ethics Centre, Executive Director, Dr Simon Longstaff AO: “Blockchain is both an enabler of ethics and a field in which ethical discernment is critical. Such discernment will be essential to good leadership – a capacity that must be actively developed and not assumed.”

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