The Australian Digital Commerce Association (ADCA)—an industry body representing Australian businesses and other organizations participating in the digital economy through blockchain technology—officially merged with the Bitcoin Association of Australia on Monday, forming a not-for-profit entity known as Blockchain Australia.
The decision by the Bitcoin Association of Australia and ADCA - whose members comprise the likes of leading cryptocurrency hardware wallet startup Ledger, technology giant IBM, along with the ‘big four’ accounting and consulting firms PwC, KPMG, Deloitte, and EY - to join forces appears likely to enhance the ability of the country’s blockchain industry to educate the public and collaborate with regulators.
Commenting on the milestone occasion was ADCA chief executive and managing director Nicholas Giurietto, who published a LinkedIn post on Monday stating, “with the energy of this combined team and our members, the new Blockchain Australia will be a strong and united voice advocating for the responsible adoption of Blockchain [sic] technology in Australia.”