PwC Australia, the Port of Brisbane and the Australian Chamber of Commerce and Industry are going to launch a new blockchain based project – the supply chain based management proof of concept (PoC). This trade supporting and management app is going to connect operators in commerce across the world for performing of international trades.
The current inefficiency of the Australian supply chain is influencing the businesses in a very negative way. The lack of transparent and cheap solutions makes the business management a risky and an expensive process.
This project has inspired the government of Australia to invest in the blockchain research. For example, this year, more than 300, 00 USD will be invested in the research of the opportunities that the blockchain is offering to businesses.