[Conclusion reached after unnecessary $700,000 spend, and 2-year delay: http://www.rogerclarke.com/EC/BCD.html
DTA goes cold on blockchain Denham Sadler Innovation Australia October 23, 2018 https://www.innovationaus.com/2018/10/DTA-goes-cold-on-blockchain The Digital Transformation Agency appears less than impressed with blockchain's current capabilities after it was given $700,000 in budget funding to investigate the technology. After its initial research, the federal government's digital office has found that blockchain is at the "top of a hype cycle" and is currently less effective than other existing technologies in delivering government services. The DTA received $700,000 in reallocated funding in this year's federal budget to research the benefits of using blockchain to help deliver government services, the maturity of the technology, the problems it may solve and the government's readiness to adopt it. ... "It's an interesting technology but it's early on in the development. It's at the top of a hype cycle. A lot of the engagement [with the agencies] is comparing blockchain against existing technologies," he said. ... -- Roger Clarke http://www.rogerclarke.com/ Xamax Consultancy Pty Ltd 78 Sidaway St, Chapman ACT 2611 AUSTRALIA Tel: +61 2 6288 6916 http://about.me/roger.clarke mailto:[email protected] http://www.xamax.com.au/ Visiting Professor in the Faculty of Law University of N.S.W. Visiting Professor in Computer Science Australian National University _______________________________________________ Link mailing list [email protected] http://mailman.anu.edu.au/mailman/listinfo/link
