New Zealand Blockchain Group to Request National Blockchain Strategy

New Zealand National Blockchain Strategy

New Zealand Blockchain Group to Request National Blockchain Strategy

New Zealand National Blockchain Strategy

Blockchain NZ, New Zealand-based blockchain industry group announced that it will request a national blockchain strategy from the government next Thursday.

Mark Pascall, the executive director of Blockchain NZ, will give a presentation to the New Zealand parliament’s economic development, science and innovation select committee hearing on the potential economic advantages of implementing blockchain tech solutions in the country.

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The presentation will reportedly serve as an introductory seminar on blockchain, bitcoin, smart contracts, security tokens, and decentralized autonomous organisations.

Pascall commented that Blockchain NZ wants to have its experts work together with the government to formulate this strategy. He highlighted the financial scope of blockchain in 2019:

“So, we really want government to take blockchain seriously and produce a strategy. We can help them with that so we strike a balance between trying to plan for an unpredictable future and taking some action so we realize huge potential economic benefits for the country.”

Blockchain NZ is a group of various blockchain-oriented business, organizations and experts, that was formed in 2016.

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