Un-Block chain

September 5, 2017 1:55 AM

Most people in the tech industry have heard of Block chain but it is still misunderstood throughout the general population and basic understanding is typically limited to the application of funds transfers and Bitcoin.

Government is included in this limited perception of block chain and are globally scurrying to introduce regulation and controls without fully understanding the opportunities and the time required to bring oxygen to innovative applications.

The Block chain community in Australia is growing rapidly and alive with brilliant discussions and global partnerships that can assist in bringing Australia to the forefront of cutting edge opportunities. It is important for the Australian community to open up constructive dialogue with government as early as possible to avoid the legislators taking a sledge hammer to Block chain innovation applications before they fully understand the scope of the positive opportunities.

It is important that we as a community un-block the Block chain atmosphere and promote general public understanding before it is too late to let it thrive.