Australia’s Science Agency & Commonwealth Bank Trial Blockchain ‘Smart Money’

Twitter Facebook LinkedIn A trial conducted by the Commonwealth Bank of Australia and the Data61 unit of the Commonwealth Scientific and Industrial Research Organisation (CSIRO) has proven that blockchain-powered smart money possesses immense social and economic benefits for Australia’s insurance scheme for persons living with disabilities. In the proof of concept, it was demonstrated that participants in Australia’s National Disability Insurance Scheme (NDIS) benefited from increased choice and control using the smart money that they accessed via a prototype app. Not only were administrative costs reduced but the risk of…

Cleveland’s Great Lakes Science Center Now Accepts Bitcoin Payments

The Great Lakes Science Center (GLSC) is now accepting bitcoin in various transactions. According to a recent news story from a Cleveland-based newspaper, the local Great Lakes Science Center has announced their adoption of bitcoin in a variety of transactions. Not only will bitcoin be accepted as a fully valid form of monetary exchange for the daily cost of admission to the museum, but there will also be a four-day sister event, titled the Blockland Solutions Conference, which will accept bitcoin as well. The Blockland Solutions Conference has the larger…