Australian Govt Grants $1.9 For Utilities Blockchain Project

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The Australian government has agreed to give around $1.9 million, $2.57 million AU, in grants to a two-year pilot project aimed at a smart utilities project using blockchain technology.

The project will be set up in the city of Fremantle, in Western Australia. Its project partners, Power Ledger and LandCorp, will be providing an additional $5.68 million AU to the venture. According to Power Ledger’s blog, this pilot is set to find out how cities can use blockchain and data analytics to give power to water and energy systems.

The test is being organized with other technology and academic …

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