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Power Ledger at Australia’s first national Blockchain Week 2021
The first ever national Blockchain Week successfully came to a close on Thursday. Launched by Blockchain Australia, this 4-day long Australian Blockchain Week featured 50+ sessions led by industry leaders, academic researchers and government officials from OECD, Austrade, ASX, IBM, KPMG, and Binance Australia. The week featured a mix of sessions on location in Sydney and Melbourne, as well as virtual sessions spanning across all members and attendees, in Australia.
Commissioner Cathie Armour, of the Australian Securities and Investments Commission (ASIC), expressed the commission’s support for the country’s cryptocurrency industry during the panel discussion on ASIC Perspective – Engagement with Innovation. Armour said, “when we’re talking about new innovations like [DLT], or new products like various crypto asset products, from our perspective at ASIC, we are really interested in how those products can be utilized to improve how our financial system operates.”
Hema Raman, a senior regulatory advisor at ASIC has also added that “It’s important to take the opportunity to acknowledge that the industry is [also] keen for more specific guidance, and where we’re caught is the uncertainty around regulatory perimeters.”
As part of the NFT’s — Ready for the Mainstream? session on Tuesday, Power Ledger’s Global Head of BD & Partnerships, Vinod Tiwari, presented on “Peer to beer: Swapping Solar for Slabs on the Blockchain”.
Power Ledger announced Australia’s first Peer-to-Beer exchange program with Carlton United Breweries’ Victoria Bitter. This program called Solar Exchange allows participants to exchange credit on their power bill — obtained from generating excess solar at home — for VB.
Vinod also has answered a few additional questions received from community members.
Q: Can any other forms of currency be used in other projects in the near future?
A: While Beer acts as a currency of ...
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