THELOGICALINDIAN - The postal account in Australia is attractive into developing blockchain platforms to affluence into the all-around dispatch of agenda character services
Also read: Blythe Masters’ Firm to Build ASX Blockchain, Raises $52 Million
Australia’s Postal Service Sees 3 Major Use-Cases
Announcing the account at the Technology in Government conference, Rick Wingfield, an Australia Post Accelerator partner, declared three abeyant use cases that could advice advance the postal industry after disclosing beforehand this year that it had been researching blockchain technology. The three use-cases include identity, e-voting, and registries.
In addition, Wingfield acknowledged ongoing analysis with distributed balance protocol as allotment of the R&D effort. The Australia Post Accelerator accomplice believes this technology can improve government by implementing digital character technologies.
Wingfield explained:
The action of managing identity letters with paperwork and software is bulky and costly, Wingfield continued. He explains that concrete paperwork currently processes a division of the Australian Post’s character verification. However, the government article is attractive to accomplish this character abstracts private as a public blockchain may be a honeypot, according to Wingfield, who explained:
Australia Post does accept the agreement can beforehand the citizens ascendancy over their agenda identity. A two-key architectonics could accord citizens admission to their encrypted data, while government services authority the added key, said Wingfield.
The alignment is additionally attractive into e-voting casework absolute by a blockchain protocol. Wingfield explained that by application the technology, citizens’ votes would be private and unalterable.
“You can’t about-face architect who somebody voted for and it’s abiding and provides a balance of all transactions,” the postal controlling said.
Blockchain Industry Growing in Australia
Blockchain technology is accomplishing absolutely able-bodied in Australia, with accretion trading volumes on LocalBitcoins. Moreover, the arch banal barter in the arena is additionally experimenting with blockchain technology. In the alpha of 2016, Australia’s better banal operators, ASX, struck a partnership with Blythe Masters’ Digital Asset Holdings.
However, these two companies will be focused on the technology’s potential in trading and adjustment instead. At the aforementioned time, Australia Post Chief Executive, Ahmed Fahour, sees added applications above accounts in the future.
“A lot of bodies are cerebration about blockchain from a banking casework point of appearance but the absoluteness is it has abundant added applications,” Fahour said aback in March.
What do you anticipate about Australia Post using blockchain technology for e-voting and character services? Let us apperceive in the comments below!
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