The Regtech Working Group, fashioned by the Steering Committee of Australia’s Nationwide Blockchain Roadmap, is presently endeavor a session to be able to achieve a greater understanding of the wide-ranging views and views concerning the use and adoption of distributed ledger applied sciences (DLT).
The session is being carried out to find out whether or not blockchain and DLT might assist with lowering the “burden” of authorized, regulatory, and different compliance necessities for companies.
It’s price noting that whereas blockchain or DLT can’t successfully streamline each enterprise course of, there are some professional use circumstances for the expertise corresponding to doc authentication and digital ID verification.
The responses to the survey will reportedly be used to “inform the Discovery Report back to be introduced by the Regtech Working Group to the Steering Committee overseeing the Nationwide Blockchain Roadmap within the first half of 2021.”
This survey follows from the Points Paper launched on December 15, 2020, which supplies related background concerning the Nationwide Blockchain Roadmap, the Regtech Working Group, and the general scope of this session. The Regtech Working Group has urged that it’s higher to learn the Issues Paper first, earlier than responding to the survey questions.
events are welcome to reply to the survey “by 11:59 pm February 14, 2021.”
As famous within the announcement, this survey “makes use of a mixture of sure / no questions, questions the place you’ll be requested to pick from a collection of choices and free-text responses.” The survey takes between 1 – 2 hours to finish.
(For extra particulars on the right way to entry and fill out the survey, examine here.)
The data “offered in response to this survey can be made obtainable to the Regtech Working Group.” Responses will “not be made publicly obtainable,” the announcement confirmed.
A number of the “free textual content” responses might get included within the textual content of the Discovery Report. The announcement additionally talked about that “earlier than any particular data is included within the Discovery Report, we are going to search affirmation that you’re completely satisfied for the data to be included and that it’s correct.”
According to a latest survey, virtually 20% of Australians now personal blockchain-based cryptocurrencies, as attitudes towards Bitcoin (BTC) and different DLT-enabled digital belongings have improved.
As the value of Bitcoin (BTC), the flagship cryptocurrency, surpassed its earlier all-time excessive to succeed in almost $42,000 (and lately corrected to round $32,000 on the time of writing), a reasonably latest report reveals that “attitudes” towards the digital asset are “bettering” with almost one in 5 Australians now “proudly owning some” digital foreign money.
Performed yearly, the Impartial Reserve Cryptocurrency Index (IRCI) is a nationwide survey providing a benchmark for “the notice, belief and confidence” that Australians have in digital currencies. Bitcoin or BTC stays “one of the best recognized” cryptocurrency, with 88.8% of the nation’s residents confirming that they’re (no less than) “conscious of it.”