This article was first published on Centrality - Medium
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Distributed ledgers and blockchain are anticipated to provide a significant positive uplift to New Zealand’s economy, according to a new report published today.
The report, Distributed Ledgers and Blockchains — Opportunities for New Zealand, explores the opportunities provided by distributed ledgers and blockchain technologies. The author of the report, Joshua Vial from Enspiral, has found that these emerging general purpose technologies would likely have a significantly positive impact on high-tech jobs and digital exports for New Zealand. Insights from this report can be applied to other international markets looking to embrace and advance blockchain industries.
Recognising the significant interest and investment in blockchain internationally, Centrality, along with Callaghan Innovation and the Ministry of Business, Innovation and Employment (MBIE) commissioned this report to provide Kiwi businesses and innovators useful insights into this emerging technology. The Ministry of Business, Innovation and Employment (MBIE) contributed an equal proportion of funding to the research. The report does not represent policy advice.
General Manager of Strategic Partnerships at Centrality, Andy Higgs, said the report provided useful analysis of the significant opportunities that exist for distributed ledger and blockchain technologies.
“Blockchain presents a huge opportunity, with over $11 billion USD raised through initial coin offerings (ICOs) in the first half of 2018. New Zealand has a chance to lead the way, thanks to our sense of fairness and social inclusiveness, to ensure communities benefit from the full potential of blockchain and decentralisation.”
The technologies provide opportunities for a positive impact in many other sectors, including primary industries, financial services, ...
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Centrality - Medium