recently co-ordinated an Australian delegation to the DC Blockchain Summit held in Washington DC on March 15 &16.
This event is produced by the US Digital Chamber of Commerce with which ADCCA has a partnership agreement through our joint membership of the Global Blockchain Forum.
ADCCA worked with the Australian Embassy in Washington and arranged to host the opening VIP Reception for the Blockchain Summit.
David Ridgway, MLC for South Australia, delivered an address that saw 80 key influencers in the US blockchain community attend and hear a message on Australia's strengths as a place for inbound investment for blockchain-based businesses.
Australia's position at the conference was reinforced in an address by Blythe Masters of Digital Asset Holdings who are working to deliver the replacement of the ASX's CHESS clearance and settlement platform.
The success of the Australian presence in DC can be marked by the half dozen US blockchain companies that are now interested in Australia as a base for their APAC expansion.
Attending the DC Blockchain Summit also provided an opportunity for ADDCA CEO, Nicholas Giurietto, and ADDCA Industry Advisory Council Chair, Loretta Joseph, to meet with the leaders of the US Congress Blockchain Caucus.
Despite the hotly contested political environment in the US, Congressman David Schweikert (R) and Congressman Jarrod Polis (D) lead a bipartisan effort amongst 12 members of congress to ensure that the US government provides bilateral support for the development of blockchain capability in the US.
At the meeting, the congressmen were particularly interested in Australia's approach to AML/CTF regulation for digital currencies and the potential for ASIC's regulatory sandbox to boost blockchain innovation.
The model of bipartisan support for blockchain innovation is one that could also be adopted in Australia.