Ann: Quarterly Activities and Cashflow Report, page-164

The new boss of Fintech Australia has highlighted opportunities in blockchain as a key priority for the industry group.

Blockchain is best known as the basis of cryptocurrencies such as bitcoin. But it’s increasingly being used in other applications such as verifying supply chain data and securing digital contracts.

An ICO is like an initial public offering — but instead of offering shares in a company, an issuer offers digital tokens that can be traded on cryptocurrency platforms or redeemed for products or services.

We’ve already built strong links with AusTrade and the federal government and we want to continue the work done in those areas to assist the region, and for Australia to provide real thought leadership in this sector.”