CBA and CSIRO trails blockchain-based smart money

CBA and CSIRO trails blockchain-based smart money

The Commonwealth Bank of Australia and the CSIRO are trailing the integration of blockchain technology to support the payments made to the National Disability Insurance Scheme (NDIS). The proof-of-concept proposes a concept of ‘smart money.’ Reportedly, a ‘Making Money Smart’ report is to be unveiled in November detailing the use cases and limitations of the blockchain based system.

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