Australia to Use Blockchain for Welfare Payments in 2019

The Australian government had come out with their plans to start using blockchain tech to deliver social security welfare payments next year.

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The Australian government’s Digital Transformation Agency (DTA) had announced their plans to use blockchain tech in the delivery of welfare payments. The DTA’s chief executive Randall Brugeaud said so in a conference in Sydney last week.

Speaking at the conference, Brugeaud said:

“Our plan is to look for use cases across the Commonwealth with an initial focus on the welfare payment delivery system, then working with our digital service standard, we’ll conduct user research a view of having a prototype by the end of the next financial years.”

By delivering these social security welfare payments with blockchain tech, the DTA ensures the transparency, efficiency and immutability of the transactions.

The effort follows the AU$700,000 budget the DTA was granted by the Australian government for 2018 – 2019 for the research of blockchain applications in government services.

“The potential of blockchain to securely record transactions will be investigated, drawing on the experience of other public and private sector organizations,” Brugeaud said.

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