Australian government’s digital business plan includes $5M for blockchain

Cointelegraph

Published Oct 01, 2020 12:52AM ET

Updated Oct 01, 2020 02:40AM ET

The Australian government this week unveiled its $574 million Digital Business Plan that includes seven-figure grants for distributed ledger technology initiatives.

Announced by Prime Minister Scott Morrison ahead of next week’s Federal Government budget, the plan outlines $4.95 million in support for “two blockchain pilots directed at reducing business compliance costs.” Morrison said:

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