Australia Poised to Create National Blockchain With IBM Tech
“An Australian federal agency is developing a national blockchain that will allow businesses to carry out transactions based on smart legal contracts.
The Commonwealth Scientific and Industrial Research Organization (CSIRO) said on Wednesday that its research arm, Data61, is working with law firm Herbert Smith Freehills and IBM to conduct a pilot for a new platform called the Australian National Blockchain (ANB).
The technology is aimed to let businesses automate transactions based on pre-defined legal terms – designed to comply with Australian regulations – coded into smart contracts on top of an IBM-powered blockchain network…”
https://www.coindesk.com/australia-poised-to-create-national-blockchain-with-ibm-tech/
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