Looking to further the development of the Victorian fintech sector, the state government has announced its plans to establish a fintech hub in Melbourne.
Blockchain startup R3 raises US$107 million Series A with participation from Westpac and Commonwealth Bank
Blockchain startup R3 has announced the close of a US$107 (AU$143) million Series A round, marking the largest raise for a blockchain startup to date.
Blockchain Centre, a Melbourne coworking space looking to help foster the development blockchain startup community in Australia, has announced a partnership with IBM to develop a new program for local developers and startups.
Clinivid has developed a cloud-based platform where medical professionals can privately share patient information and results through video and images.
Standards Australia has released a roadmap for the development of standards for blockchain and digital ledger technologies (DLT), looking to push development of standards internationally.
Webjet and Microsoft have today announced the creation of a new blockchain proof-of-concept [PoC] solution that is set to transform the travel industry. The solution has the potential to change the way online payments are processed and managed for hotel bookings.
Perth startup Demand.film is on a mission to fill those empty cinema seats on the quietest nights of the week and secure the demand of audiences who want to watch films that are off the beaten track.
Sydney startup Full Profile is one of Australia’s only companies that is creating solutions for the cross sections of fintech and agritech. Using blockchain technology and smart contracts, Full Profile has developed a platform called AgriDigital that helps farmers get paid in real-time to solve the industry problem of counterparty risk for buyers and banks.
National Australian Bank (NAB) has announced its alliance with two global leading financial institutions- Israel’s Bank Leumi and the Canadian Imperial Bank of Commerce (CIBC). The alliance will open up opportunities for NAB to tap into international innovation initiatives and insights, with a major focus on looking at blockchain technology.
Sydney startup Veredictum is a software platform that looks to help film producers protect their content from theft and piracy. Veredictum looks at a new distribution and productivity model that is based around the use of blockchain.
Sydney-based startup Brontech is one of the latests startups to utilise blockchain technology in a different way to fintechs. Unlike fintech startups Brontech is not moving money, giving loans or encrypting currency, instead they are using blockchain to build a platform that can establish trust and security in the healthcare system.
Perth startup veri.vote is looking to change the way Australian’s vote in election by adding technology into the process. The startup uses blockchain technology to create a more efficient, secure and transparent voting system.
Melbourne-based venture capital firm Trimantium Capital and US firm Winklevoss Capital have announced a potential co-investment in blockchain technology. Both firms are currently in the co-investment development stage and aim to leverage off each other’s deal flows to expand the presence of blockchain in Asia.
Students from the University of New South Wales have developed their very own use for blockchain technology and created their very own fintech startup, Dime.