Blockchain Australia hired a new head, in an effort to boost blockchain adoption and awareness in the country. The new CEO, Steve Vallas, stated that he would emphasize on enhancing trust and strengthening the image of blockchain among business enterprises and government bodies.
Notably, Vallas replaces the former head Nick Giurietto who ran the association for up to five years. Moreover is the founder of the Australian marketing firm and also worked as an industry coach and a mentor for several higher education institutions and accelerator programs. Besides, he also offered counsel to the Australian government on blockchain technology.
New insights for Blockchain Australia
According to reports, Vallas stated that he will focus on boosting the confidence of crucial economy stakeholders on blockchain technology, by helping them understand it as a robust and well-built solution. In his explanation, Vallas said that the majority of people know blockchain as the technology underpinning digital currencies, but are not aware or understand how it could be applied to other areas, like supply chain, legal, retail businesses.
According to the new CEO, many industries have been heavily hit by the COVID-19 crisis, but the blockchain sector should make most of the pandemic. As per him, many areas have primarily been hit because they rely on human beings, unlike blockchain, which is not controlled by anybody. The supply chain is one of the majorly upset sectors, and industries are now willing to explore unconventional methods.
Australian National Blockchain Roadmap
Early into the year, the Ministry of Industry, Science, Energy, and Resources in Australia composed a new national approach picking up the possible value produced through business-related blockchain relationships in a National Blockchain Roadmap.
Furthermore, Vallas will be tasked with working on the road map now that he is the head of Blockchain Australia. He will be speaking to industry leaders, government agencies, and other pertinent parties to unite all the relevant bodies for the task. He believes the roadmap is essential, and most people see it as a bright exhibition that the government is ready to work with blockchain leaders to create a viable plan.