Australian Gov’t Agency Unimpressed, Says Blockchain ‘At the Top of the Hype Cycle’
blockchain

Australian Gov’t Agency Unimpressed, Says Blockchain ‘At the Top of the Hype Cycle’

THELOGICALINDIAN - Australias Agenda Transformation Agency DTA doesnt arise to be afflicted with the accepted accompaniment of blockchain technology According to its arch agenda administrator the technology is actuality pushed not by governments or users but by vendors

Blockchain at the “Top of a Hype Cycle”

Earlier this year, Bitcoinist reported that the Australian Government provided AUD $700,000 to its Digital Transformation Agency in adjustment to “investigate areas area blockchain technology could action the best amount for Government services.”

Almost bisected a year later, the DTA seems beneath than afflicted with the accepted accompaniment of blockchain’s capabilities. Speaking at a Senate estimates hearing, the arch agenda administrator of DTA Peter Alexander said:

He additionally added that “without acclimation and a lot added work, for every use of blockchain that you would accede today there is a bigger technology.”

It’s interesting, though, that while DTA was administering the bisected a actor dollar research, the Australian government chose IBM as a technology accomplice in a $740 actor deal for accouterment casework accompanying to automation and blockchain technologies.

Slightly Controversial

In a hardly abominably worded statement, Mr. Alexander categorical that governments are not, in fact, blame for blockchain adoption:

And while it’s cryptic what the aberration amid a “vendor” and a “deliverer of services” is, one affair is acutely accurate and proudly acknowledged: those AUD$700,000 are actuality “absorbed”:

In added words, bisected a actor dollars and 6 months later, DTA bent that blockchain is “early on in the development.” Profound.

What do you anticipate of DTA’s analysis on blockchain? Don’t alternate to let us apperceive in the comments below!

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