All fintech companies will use blockchain within 10 years: Aussie government rep

[Lenipiw]

Australian government report on the future of fintech and regtech suggests blockchain technology is critical to Australia’s future.
The Australian government’s Senate Select Committee on Financial Technology and Regulatory Technology has released a draft report citing blockchain technology more than 50 times.

The report is in response to Australia’s first recession in 30 years as a result of COVID-19, which was confirmed in the June quarter’s negative growth announced on September 2.

The document makes numerous recommendations about how the nation can “embrace technology and become globally competitive” said committee head Senator Andrew Bragg.
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