CSIRO will deliver blockchain certificates in Australia
The Australian National Blockchain could be ready by the end of this year according to its developers
The Organization of Scientific and Industrial Research of the Commonwealth (CSIRO) published a press release on its website, stating that it is working on the development of a platform to help Australian companies to negotiate through smart contracts.
As indicated by the space, which name will be Australian National Blockchain (ANB), it could be ready before the end of 2018.
The design is based on the legal regulations currently in force in Australia with respect to intelligent encrypted contracts and blockchain networks, which are being promoted by the IBM company.
Corporations that decide to join the network will be able to use digitized contracts, exchange data and confirm the authenticity and status of such legal agreements. To do this, regulators, banks, law firms and other Australian companies will be invited to participate in the pilot project.
Those who are part of the negotiation will be allowed to access the information and manage digitally what will be the life cycle of that contract.
K. Tovar
Source: CSiro
Receive this and all our information directly on your cell phone through our channel on Telegram:https://t.me/BitFinanceNews
