Australia Crypto Research and News


#61

HASTINGS TO DEVELOP SUPPLY CHAIN PLATFORM USING BLOCKCHAIN TECHNOLOGY

HIGHLIGHTS

  • A decentralised supply chain management system to track product from mine to market using blockchain technology.
  • Provides confidence on quality and facilitates compliance with ISO 26000 on social responsibility.
  • Use of RFID tagging and Smart Contracts provides reliable pricing data and transaction history thereby providing efficiency and transparency.
  • Creates greater commercial opportunities for the demand of Hastings Mixed Rare Earth Carbonate (MREC) globally.

Hastings Technology Metals Ltd (ASX:HAS) (Hastings or the Company) is pleased to advise that the Company has embarked on the development of a Supply Chain Platform using blockchain technology.

The Hastings Blockchain-enabled Supply Chain Platform uses blockchain technology to trace and track Mixed Rare Earth Carbonate (MREC) produced from its Yangibana mine to its customers. The transparent tracking provides confidence to consumers as to the quality and viability of MREC from the Yangibana mine which meets ethical, environmental and responsible standards of production. The Platform will now enable users to certify the source of origin of Hastings MREC footprint.

Charles Lew, Hastings Executive Chairman, said “The Hastings Blockchain-enabled Supply Chain Platform is a decentralised supply chain management system. It is a game changer for current supply chain relationships. Using RFID tagging technology and IOT for digital smart contracts, this innovative Hastings platform will in future form the basis of providing numerous advantages to mining companies, commodities traders, manufacturers and consumers in compliance with ISO 26000 and meets the demands of ethical mining, environmental awareness and source of origin of the raw material.

This technology will provide Hastings with significant commercial and financial opportunities as we move forward to bring the Yangibana mine into production”

www.hastingstechmetals.com

Stay Fishy


#62

This supply chain jazz +RFID is some of my favorite blockchain music. Course they could be full of shite…but still


#63

18-122MR ASIC takes action on misleading or deceptive conduct in ICOs

https://www.asic.gov.au/about-asic/media-centre/find-a-media-release/2018-releases/18-122mr-asic-takes-action-on-misleading-or-deceptive-conduct-in-icos/

ASIC is focused on misleading or deceptive conduct in the marketing and selling of digital or virtual tokens via initial coin offerings (ICOs). These offers can involve significant risks for investors that are often not disclosed or well understood.

How ASIC is using the law

In one recent example, ASIC took action to protect investors where we identified fundamental concerns with the structure of an ICO, the status of the offeror and the disclosure in its white paper. In addition to potentially misleading statements in the white paper, the offer was an unregulated managed investment scheme. This means the offeror would have been in breach of the relevant provisions of the Corporations Act had the offer proceeded, potentially leading to serious penalties under the Act.

Stay Fishy


#64

I’m going into Bankorus ICO guys. That’s gonna be big. Will write a preview tonight.


#65

Alibaba pilots blockchain trial for supply chain transparency with Australian products

Aussie vitamins brand Blackmores and dairy company Fonterra have signed a memoradum of understanding with Alibaba, alongside Australia Post and New Zealand Post, to help the company trial its new supply chain network.

Stay Fishy


#66

Fatfish Internet to Spin Out and Invest into Blockchain Fund-of-Funds Manager, Epsilon Capital

Fatfish Internet Group Limited (“Fatfish”, the “Company”) (ASX: FFG) is pleased to announce that it has incubated and will be spinning out Epsilon Capital Management Ltd (“Epsilon Capital”), a UK based fund manager as an independent fund management business that specializes in managing investment funds for the blockchain and cryptocurrency sector.

Epsilon Capital is seeking to be amongst the first ‘fund-of-funds’ in the world that will be investing exclusively in the blockchain and cryptocurrency ecosystem, through leading hedge funds and venture capitalists.

Fatfish will receive 10% of Epsilon Capital initially for incubating the business but is looking to invest US$500,0000 (A$660,000) for a further 10% shareholding, giving it a total shareholding of 20% in Epsilon Capital. A Fatfish representative will join Epsilon Capital’s Board of Directors to combine the blockchain and cryptocurrency experience of the Fatfish, with the global expertise of the Epsilon Capital co-founders in corporate finance, fund management and investment banking and capital markets.

Stay Fishy


#67

Australia’s biggest bank has lost the records for 20 million accounts

Two Data Archive tapes have been misplaced and may contain sensitive information of Australian citizens, by the Commonwealth Bank of Australia.

The Archive tapes lost, did not contain passwords, but does contain customer names, address and other details which may be used for identity theft.

It is currently unknown if the Data Archive Tapes were encrypted.

Stay Fishy


#68

Shopping centre solar roll-out claims biggest PV array, biggest battery

ASX-listed retail asset manager Vicinity Centres has announced the roll-out of more than 11MW of commercial solar in a $28 million project that will incorporate five shopping centres across two states.

Vicinity said on Tuesday that the $28 million project would install a total of 11.2MW of solar on the rooftops and as car park shading at shopping centres in Western Australia and South Australia – enough to generate 17.4GWh of energy a year.

That’s enough power to send 14 Delorians Back to the Future!

The first stage of the massive commercial solar project, set to begin next month, will see panels installed at Castle Plaza, Elizabeth City Centre and Kurralta Park in South Australia and Ellenbrook Central and Currambine Central in Western Australia.

And according to Vicinity, the project will gather a few new records for the Australian commercial solar and storage industry.

The retail asset company is purportedly investigating the use of Power Ledger (POWR) for the trade of power into the grid.

Stay Fishy


#69

The Australian Government Is Spending $700K On Blockchain Research

The cost of the research will come from the existing Digital Transformation Agency budget.

Stay Fishy


#70

Australia invests $68M on digital identity, blockchain projects

http://cryptoesprit.com/2018/05/australia-invests-68m-on-digital-identity-blockchain-projects/

According to the DTA, another AUD 92.4 million (USD 68.8 million) is allocated for digital identity, a project called Govpass.

“The 2018–19 Budget will invest in key platforms and technology to improve people’s experience of government services online, including digital identity and blockchain,” the DTA wrote.

The DTA says that this project will be pilot tested by over 500,000 people through eight high-volume government service agencies over the next year.

Stay (digitally numbered on the blockchain) Fishy
Arn’t we all just a number?


#71

Australian Government goes bigly on Blockchain Technology

The Australian Government is banking on Blockchain technology to deliver efficiencies within the Government services for the future.

This includes:

These projects could see the AUD$5.3T in transactions, currently performed on legacy systems, moving to blockchain technology over the next 4 years.

Stay Fishy


#72

Commonwealth Bank CFO gets the FOMO hard and bails for EOS :joy:


#73

New York Mission to showcase Australian leadership in blockchain

https://www.austrade.gov.au/news/media-releases/2018/new-york-mission-to-showcase-australian-leadership-in-blockchain

Participating companies and organisations include:

  • DigitalX – the leading cryptocurrency investment bank and the world’s first publicly listed blockchain technology company
  • Blockchain Global, a venture builder which has invested in more than 50 blockchain-enabled businesses, including DigitalX;
  • Blockchain Centre, Australia’s largest blockchain community and the world’s first not-for-profit knowledge hub looking to expand its co-working spaces across 20 locations globally
  • E-Nome, developing blockchain-based health and clinical trial systems to enable the sharing of health data securely and anonymously, empowering consumers to control their own information
  • Civic Ledger; providing digital tools to make people’s interactions with governments easier, faster, more secure and transparent; and
  • Enosi, developing an open-source, decentralised exchange platform that will enable customers to trade rooftop-generated energy with their community

Plus:

Latrobe Valley virtual microgrid could allow dairy farms to trade energy via blockchain
Latrobe Valley dairy farmers could be buying and selling locally generated renewable energy using blockchain, thanks to a study funded by the Australian Renewable Energy Agency (ARENA). On behalf of the Australian Government, ARENA today announced $370,000 in funding for a feasibility study into a ‘virtual microgrid’ for the Latrobe Valley

Stay Fishy


#74

Welfare payments in Australia could be delivered over blockchain

“Our plan is to look for use cases across the Commonwealth with an initial focus on the welfare payment delivery system, then working with our digital service standard, we’ll conduct user research with a view to having a prototype by the end of next financial year,”

The DTA was given AU$700,000 to explore distributed ledger technology as part of the 2018-19 Budget last week, and according to Brugeaud, it gives the innovation agency an opportunity to explore innovative ways to securely and efficiently deliver government services using blockchain.

Fintech Australia’s new CEO is Brad Kitschke, Uber’s former government lobbyist

https://www.businessinsider.com.au/fintech-australias-new-ceo-is-brad-kitschke-ubers-former-government-lobbyist-2018-5

“As an industry body, Fintech Australia is supportive of blockchain technology and we see Australia as a world leader in that space.”

Regarding cryptocurrency, he said there’s been a holdup in crowd-funding platforms such as initial coin offerings (ICOs) in Australia due to increased regulatory oversight.

“Part of our role in cryptocurrency will be in debunking the myths about use-cases and providing trusted advice to consumers,” he said.

These Aussies are flying the flag at the US’s biggest crypto and blockchain conference

https://stockhead.com.au/tech/these-aussies-are-flying-the-flag-at-the-uss-biggest-crypto-conference/

  1. Blockchain Global
    Sam Lee is the founder and CEO of Blockchain Global and has led the company to complete the incubation and investment of more than 60 blockchain technology start-up companies.

  2. Apollo Capital
    Apollo Capital prides itself on being Australia’s premier crypto fund – with investment decisions led by Henrik Andersson. Henrik has contributed his insights to Stockhead – first on regulation, then ICOs and valuation.

  3. Blockgrain
    BlockGrain is currently running Australia’s first agricultural Public Token Sale after raising over $3.5 million during a private sale event that involved more than 1000 everyday investors.

  4. Enome
    E-Nome is a Sydney-based start-up led by a group of experienced industry professionals from healthcare management, healthcare IT and business backgrounds. E-Nome is developing a patent pending blockchain based health data and clinical trial software system that empowers the consumer to take control of their health and genomic data.

  5. Civic Ledger
    Founded in 2016, Civic Ledger is an Australian civic-focused blockchain company that aims to help governments solve complex business processes by digitising operations and services using blockchain technologies.

  6. Havven Australia
    Havven is a decentralised payment network and stablecoin designed to enable everyday cryptocurrency purchases — and earlier this year raised $38.6 million to build it. It aims to provide a solution to the volatile crypto market by providing a tradeable digital coin with stable value.

  7. Power Ledger
    Power Ledger is a peer-to-peer marketplace for renewable energy — and one of Australia’s most successful ICOs. Dante joined the team earlier this year and spoke on the “Decentralised Electric Infrastructure” panel on Tuesday.

Stay Fishy


#75

Blockchain and the supply chain

A session on blockchain was the first topic discussed at the Australian Logistics Council’s inaugural Supply Chain Technology Summit. It’s a big, new(ish), interesting, and controversial topic.

The scope of blockchain in supply chains
Christopher Berg thinks that blockchain is a valuable tool for supply chain management because, boiled right down, “… supply chains are an information problem".

The main use cases / justification for blockchain use in the logistics sector are:

  • Provenance
  • Recognising ownership of assets
  • Keeping track of who did what when, and can that record be trusted?
  • Managing counter-party risk between multiple parties

Stay Fishy


#76

Great thread Mike. Thanks for the outstanding effort, insight and output! Much appreciated fellow Aussie