Chinese blockchain delegation visits Sydney


By Jonathan Nally
Wednesday, 14 March, 2018

Chinese blockchain delegation visits Sydney

Around 50 Chinese tech leaders visited the Sydney Startup Hub this week to meet with local companies and learn more about the state’s blockchain and FinTech capabilities.

The China Blockchain Development Forum mission was led by Mr Li Ming, director of the China Electronics Standardisation Institute, which has responsibility for Chinese blockchain industry standards.

The visit aimed to stimulate collaboration between Australian and Chinese companies and explore potential investment in NSW.

“NSW is strengthening its blockchain capabilities, supported by research and development, universities and start-up companies with an increasing interest in this area,” said NSW Minister for Trade and Industry, Niall Blair.

“While initial applications of blockchain are primarily focused towards financial and legal sectors, there is great opportunity for it to be used in other areas, including the agricultural industry for issues such as food safety, provenance and biosecurity.”

The World Economic Forum has forecast that 10% of global GDP will be stored on blockchain by 2037.

Pictured: Blockchain delegation being addressed by Minister Niall Blair.

Follow us and share on Twitter and Facebook

Related News

Kyndryl launches framework for deploying agentic AI

Kyndryl has introduced a new framework to help its enterprise customers adopt, deploy and scale...

Conizant launches AI agent development tool

Cognizant’s Agent Foundry tool is designed to help enterprises design, deploy and...

Pegasystems signs genAI partnership with AWS

Pegasystems and AWS have entered into a five-year partnership aimed at helping enterprise...


  • All content Copyright © 2025 Westwick-Farrow Pty Ltd