The Global Blockchain Forum – of which Australia is a founding member – held its second annual general meeting and reiterated its desire to encourage interoperability of global regulatory frameworks.  The Forum members resolved to pursue three priority areas:

  • encouraging central banks to create mechanisms that provide, recognise and support interoperability for blockchain tokens;
  • developing solutions for identity on and for the blockchain; and
  • building linkages between cyber-security policies and the potential for blockchain technology to be deployed to shrink cyber-attack risk perimeters.

The Forum consists of key trade groups from Australia, the US, UK, Singapore, Canada, India, Japan, the UAE and New Zealand, and was created to assist in the development of industry best practices and improve engagement with policymakers.