New Zealand blockchain organization calls on the government to develop a blockchain development strategy as soon as possible

New Zealand blockchain organization calls on the government to develop a blockchain development strategy as soon as possible

New Zealand-based blockchain organization NZ announced that it will propose a national blockchain strategy to the government next Thursday.

Mark Pascall, executive director of blockchain NZ, will speak at the New Zealand Science Innovation Council on the potential economic advantages of implementing blockchain technology solutions in the country.

According to reports, the speech will be used as a seminar for blockchain, bitcoin, smart contracts, tokens and decentralized autonomous organizations.

Mark Pascall said that the blockchain NZ hopes that industry experts and the government will work together to develop this strategy and highlight the blockchain's financial scope for 2019:

“We want the government to take blockchain technology seriously and develop a viable development strategy. We will do our best to help them do this so that we can “act in the unpredictable future” and “actual action”. Weigh the pros and cons to achieve huge potential economic benefits for the country."

The Blockchain NZ was established in 2016 and brings together a group of blockchain-oriented companies, organizations and experts. In 2018, the organization officially joined the non-profit New Zealand Technology Alliance.

At present, countries have either implemented or are implementing blockchain technology or have implemented a national blockchain strategy.

In April 2018, UAE Vice President Sheikh Mohammed bin Rashid launched the “Emirates Blockchain 2021 Strategy”. Among other benefits, the plan is said to have reduced the amount of documentation for the government.

In February of this year, the German government announced that it will develop a blockchain development strategy by mid-2019. Some members of the German Bundestag (Bundestag) said the strategy should also include a cryptocurrency trading framework.

In March of this year, Australia announced the national block link map and provided financial support for the development of this technology. The new program aims to make Australia a leader in the blockchain industry. (Scoight chain)

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Blockchain

In the past week, the total amount of Bitcoin’s large transactions plummeted by 97%. What does this mean?

Source: Shallot Yesterday morning, bitcoin and other mainstream currencies appeared diving. Currently, Bitcoin's...

Opinion

Why did hardware wallet Ledger launch the Ledger Recover service, which has sparked criticism from the Web3 community?

It may not be a good idea for Ledger to launch the Recover service, as it breaks all the principles of using a hardwa...

Blockchain

Popular Science | The Cryptography of Bitcoin System and the Impact of Quantum Computing

In 2008, a person under the pseudonym Satoshi Nakamoto published a peerless paper entitled "Bitcoin: A Peer-to-P...

Blockchain

Bitcoin market is like a roller coaster! The day fell by 14% and fell below $11,000.

Bitstamp data shows that Bitcoin has fallen back below $11,000, with a minimum of $1080.37, which is currently down $...

Blockchain

BTC broke another $ 10,000, what is the real reason for the rise?

Source: Finance and Economics on-line financial title: "BTC breaks another 10,000 US dollars and halves distance...

Blockchain

Bakk missed the opportunity! LedgerX Announces First US Physical Delivery Bitcoin Futures Contract

at last! All US residents holding government-issued ID cards can now trade real bitcoins in futures contracts. Ledger...