Tag: Australia

Coin Loft Launches Bitcoin Voucher System in Australia

Australian digital currency agency Coin Loft has announced the launch of their Flexepin bitcoin purchasing program. Australian consumers will be able to buy up to $500 worth of bitcoin at thousands of retail location across the continent. Coin Loft is fully compliant with KYC rules and requires all customers to submit ID documents with every purchase. According to the release, once purchased, Flexepin 16-digit voucher codes can be redeemed for …
[Read More]

Australian Political Party Aims to Reinvent Democracy with Blockchain Tech

A new Australian political party called Flux, is attempting to reinvent the democratic process with a voting system based on blockchain technology. “Flux, as a party, is a layer for the redistribution of political power.“ The men behind Flux, Max Kaye and Nathan Spataro, view the current voting system in Australia as an antiquated monster that does not serve the needs of the general public. In an interview with Reuters, …
[Read More]

Commonwealth Bank of Australia to host Blockchain Workshop

The Commonwealth Bank of Australia (CBA) will be hosting a series of workshops on blockchain technologies and decentralized systems. The events will focus on the impact distributed systems will have on society, commerce and governance. David Whiteing, CIO at the CBA, views blockchain financial systems as revolutionary and transformative. Whiting was recently quoted in a ComputerWord article: “Blockchain has the potential to transform banking in the way that the internet …
[Read More]