Australia’s main level of sale tech supplier Eftpos Australia has revealed formidable plans to roll out blockchain-powered autonomous automobiles a
Australia’s main level of sale tech supplier Eftpos Australia has revealed formidable plans to roll out blockchain-powered autonomous automobiles and good cities in Australia constructed utilizing Hedera’s Hashgraph.
Talking on April 20 as a part of the Australian Blockchain Week, deputy chair of Blockchain Australia and Eftpos’ entrepreneur in residence, Robert Allen, mentioned the corporations’ intention to make use of distributed ledger know-how for superior infrastructure, amongst different purposes:
“We will be taking a look at good cities […] We will be taking a look at autonomous automobiles and issues that we’ve not even considered but. All of this wants new infrastructure and Eftpos must be knowledgeable by that.”
Eftpos chief funding officer Ben Tabell famous the importance of the agency’s DLT initiatives in partnership with Hedera, highlighting the corporations’ efforts to mix digital id and funds options in Australia.
“It is a large a part of our work and energy in the intervening time to herald digital id and transactions in order that we will securely help funds and different transaction golf equipment within the Australian digital ecosystem,” he mentioned.
Eftpos Australia first introduced a proof-of-concept for an Australian stablecoin utilizing Hedera’s Hashgraph in July 2020. Whereas the pilot centered on micropayments, comparable to real-time funds for streaming and pay-per-click content material, Allen famous the trial laid the groundwork for extra formidable initiatives:
“Hadera is the one next-generation community that may help these sorts of use circumstances. So we wished to check it, and it has operated fantastically […] Now as a result of we have got all this digital technique, we’re able the place we will begin taking a look at ways in which issues will be solved in a manner which is possibly non-traditional and extra distributed.”
In January, Eftpos turned Hedera’s 17th governing council member and Australia’s first Hedera node operator.
Hedera has been increasing its governing council lately, with Shinhan Financial institution becoming a member of earlier this month, French utility big Électricité de France onboarding in March, and Commonplace Financial institution Group changing into the community’s first African node operator in February.