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Showing posts with the label blockchainaustralia

World Economic Forum Unpacks DAOs - Can Crypto Be Green AND Secure? Future Now

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Decentralized autonomous organizations  are disrupting whole sectors.   (☝☝☝click above to download full PDF report☝☝☝) From finance to social networking to philanthropy,  these code-driven,  community-governed entities  are changing the way we work.  Yet these organizations also confront challenges of  cybersecurity, governance, and regulatory uncertainty.  The Crypto Impact and Sustainability Accelerator and  Wharton Blockchain and Digital Asset Project  have teamed up with an international group of crypto experts,  civil society leaders, and builders  to examine this nascent, but critical, emerging form. "Can Crypto Be Green AND Secure?"  In Partnership with Hedera While Proof-of-Work (PoW) is a widely used consensus protocol  it has developed a stigma around its energy consumption,  and whether it truly is efficient in use.  However, even though other consensus mechanisms like Proof-of-Stake (PoS)  ...

Listening, Leaning In and Learning as More Good ShiFt Happens

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"This is a historic moment and getting legislation right is the key! It's best we not rush, we ensure that legislators understand the tech and they get involved with not just industry and corporates but also those building and the others in the crypto community here. There is an unprecedented opportunity for government and community to work together to ensure innovation is not stifled and that the community is also protected, but under the right pretenses." Australian DeFi Industry Genesis Block - Blockchain Australia   "The world of blockchain technology and cryptocurrencies is built on an ethos of collaboration and creating stronger ties with industry, community and those who build in this space.  Establishing the right level of regulatory oversight is an opportunity that can be far stronger than in any other area of regulation in Australia. Treasury and related agencies will also need to consider how they can educate users and leverage the gatekeepers to separat...