Recently, Hcash foundation joined Australian Digital Commerce Association, and will commit to promoting the development of digital currency. ADCA, as an non-profit organization, is the biggest blockchain association in Australia, and is one of the founders of Global Blockchain Forum. The association aims at promoting communications among Australian blockchain enterprises; thus making Australia a world leader of blockchain technology. ADCA always believes that the blockchain technology can greatly motivate economic and social development, increase productivity, and boost employment rate. ADCA has built a good relationship with the government and other related institutions.
Principal Members of ADCA
Australian Post
Australia Post is a government-owned corporation that provides postal service both locally and internationally.It is trying to apply blockchain technology to customer identification and information storage.
IBM
IBM is a leading cognitive solutions and cloud platform company headquartered in Armonk, NY that leverages the power of innovation, data and expertise to improve business and society. IBM is actively working on more than 400 projects and was the first to launch highly secure blockchain services that address regulatory compliance across financial services, government and healthcare industries.
Hcash Foundation
Hcash Foundation was incorporated on 14/07/2017, and it issued the first blockchain project of Australia (Hshare). The purposes of the association are to promote and assist with the education, adoption and growth of the Hcash ecosystem and provide resources to entrepreneurs and startups through growing use and development of Hcash.
Optus
Optus if one of the three biggest telecommunications company in Australia. It provides professional telecommunication services for domestic and global customers. Optus positively incorporate blockchain technology into customer information management and authorization.
ING Group
ING is Australia’s Most Recommended Bank, and it belongs to ING Group.ING’s blockchain Innovation Team in Amsterdam explores blockchain application in areas as broad as payments, trade finance and working capital solutions, financial markets, bank treasury, lending, and compliance and identity. So far they have tested nearly 30 proof of concepts using the technology.
The approval of Hcash foundation to join ADCA is an official recognition of Hcash's achievements of Australian blockchain industry.As the first successful cryptocurrency project in Australia and an outstanding leader, Hcash will give play to technology advantages, enlarge the coverage area if customers and promote a benign development of the ecosystem.
