An unlikely story of partnership between old and new is unfolding in Australia as Australia Post, the country's 209-year-old "snail mail" delivery service is using digital identification technology to enable cryptocurrency exchanges to carry out KYC checks in a matter of minutes, thereby vastly simplifying the process of purchasing crypto in Australia. Using Australia Post's 'Digital iD' service...
Australian blockchain company TBSx3 has successfully completed its biggest trial with the innovative technology to tackle the issue of fake goods. In a report from The Australian Business Review, the company employed the use of a 44 alphanumeric character security cryptography to deliver a blockchain-based verification system. This is compared to the six-digit public cryptography that is...
Australia Post has announced partnerships with Alibaba, the world’s largest e-commerce company and Blackmores, a prominent Australian natural health company to explore blockchain technology to curb the rise of counterfeit food sold in China. The joint endeavor will look to develop a blockchain platform to improve the traceability of food products, with Australia Post being a major exporter of...
The Australian government-owned Australia Post has unveiled plans that it will conduct tests through digital voting via the blockchain technology in a bid to reduce costs and improve efficiency. The plans have been met with criticism from a prominent privacy consultant. Recently a submission was presented to the Victorian Electoral Matters Committee by the Australia Post who intend to operate...