Victorian Gov. Joins Oz Digital Currency Assn.

Announcements, Blockchain, FinTech, Group, Innovation, Regulation | May 30, 2017 By:

The Australian Digital Currency and Commerce Association (ADCCA) has added the Victorian government as a member, through the Department of Economic Development, Jobs, Transport and Resources.

ADCCA is the industry representative body for digital commerce businesses in Australia.
The association aims to promote the adoption of blockchain technology as a means to challenge existing business models and drive innovation across multiple industry sectors.

The Victorian government, the Australian state democratic administrative authority of Victoria, is collaborating with ADCCA in order to explore the potential application and impact of blockchain technology across the economy, including, but not limited to, the financial services, health, and food sectors.

“Backed by the strength of our digital technology sector, Victoria’s FinTech sector and its capabilities are growing, and so is our global reputation for developing innovative solutions using blockchain, cyber security and wealth management technologies,” said Victoria’s minister for small business, innovation and trade, Philip Dalidakis. “Victoria has always been the ideas capital of Australia, with world renowned research institutes and universities and a proud history of bringing brilliant ideas and concepts to fruition.”

Dalidakis added that by partnering with ADCCA they are connecting Victoria’s FinTech startups and entrepreneurs to the Global Blockchain Forum, a platform that facilitates collaboration between the world’s leading digital currency and commerce associations — the United States, United Kingdom and Singapore. He said this will give Victoria’s FinTech and entrepreneurs the best possible chance of succeeding.”