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ZIG/ZAG:	UNB - European Commission [EC] - "Blockchain for Social Good [BSG]" Challenge

Thu 28 Mar 2019 Notice of Draft Minutes Meeting B3 held Tue 26 Mar 2019			REF:UNBACb3n

Hi everyone

This is the On-line link to the draft minutes Mtg B1 T 26 Feb 2019 of the EC-BSG 
H2020 Challenge with an update on Cryptocurrencies and Blockchain Research

AGENDA
	A  17:30-18:05 - Confirm 3rd quantum 11.00-12:30 On-line Training Program
	B  18:05-18:15 - Review Overseas Cryptocurrency Research 
	C  18:15-18:25 - Update on "Blockchain" initiatives
	D  18:25-18:30 - Any other business - Hosting OIC Web-site

A  17:30-18:00 - CONFIRM 3rd QUANTUM 11.00-12:30 ON-LINE TRAINING PROGRAM

At the last meeting the Chairman summarised issues of concerns about the Standards bodies involved 
with eBusiness Standards

PMA observed that the Role of the Australian Standards Association has changed considerably since it 
was first formed in 1922.

He drew the meeting's attention to the Wikipedia entry about Standards Australia

"Standards Australia is a standards organisation established in 1922 and is recognised through a 
Memorandum of Understanding [MoU] with the Australian government as the peak non-government 
standards development body in Australia. 

It is a company limited by guarantee, with 73 members representing groups interested in the 
development and application of technical standards and related products and services. 

The Memorandum of Understanding between the Commonwealth and Standards Australia 
recognises Standards Australia as Australia's representative on the International Organization for 
Standardization (ISO), the International Electrotechnical Commission (IEC) and the Pacific Area 
Standards Congress (PASC).[1]

Standards Australia develops internationally aligned Australian standards (AS) and participates in 
standards-related activities that deliver benefit to the nation. 

Standards Australia and Standards New Zealand work together to develop joint standards (AS/NZS)

Standards Australia is also the Principal Sponsor of the Australian International Design Awards.[2]

In 2003 Standards Australia sold its commercial businesses to SAI Global Limited and SAI Global
Ltd was floated on the Australian Stock Exchange [ASX]. 

Initially it retained a 40% interest in SAI Global, but progressively sold this shareholding down to 
zero, enabling it to focus exclusively on its core business of developing and managing its collection 
of approximately 7000 Australian standards and representing Australia's interests in international 
standardisation. 

In 2016 SAI Global was acquired by Baring Private Equity Asia and delisted from the ASX. [3]

The standard costs an average of $120[4], and after negotiations broke down with National and State 
Libraries Australasia, the standards were removed from public libraries. 

As a result, many groups including the Building Products Innovation Council, Master Builders 
Association, an Australian Senate Economics Reference Committee and Choice have called for the 
standard to be brought back into government control and made freely accessible[4][5].

Heated discussions continue throughout the industry as many believe that a national standard
should be provided free of charge to the relevant members of that industry. 

Imminent release of the new AS/NZS 3000:2018 Electrical Installations standard has sparked a 
renewed campaign to see this actioned by Standards Australia. 

The publishing agreement currently held by SAI Global is due to expire in 2018[5] causing increased 
pressure to liberate the standards".

As this section involves The Linux Foundation and Open Source Software, it is appropriate to 
review past eStandards experiences as both organisations were, in 2015, joined by many new 
members including IBM, Microsoft, Google, Twitter, Huawei, Intel and Cisco

In 2019 Hyperledger was established as a "Linux Foundation Open Source" project for Blockchain
applications 

Current Hyperledger members include Accenture as well as most Banks, large Management 
Consultancies, large Audit Firms, CIT Organisations and many Universities eg the University of 
Cambridge "Centre for Alternative Finance"

Accenture was formed in 2001 from Andersen Consulting after the biggest Auditor and Management 
Consultancy in the world Arthur Andersen filed for Bankruptcy

In 2000 Andersen Consulting and Microsoft formed a joint venture "Avanade" to "deliver innovative 
business solutions for the electronic economy based on Windows 2000" 

In 1993 Andersen Consulting hosted a series of high-level lunches around Australia "Inventing the 
Australian Model of Government" with 3 key presentations namely

A "Reinventing Government" by Ted GAEBLER  -  a US County Executive Officer and City Manager 

B "Virtual Government" by Gary STURGESS Chief of Staff to the NSW Premier Nick GREINER

C "Competitiveness in Budget Departments" by Percy ALLAN Chairman NSW Treasury 

Hence it is worth reviewing the history of Electronic Data Interchange [EDI] and the role of CIT 
Standard Bodies as a background to understanding "Blockchain"

The 3rd Quantum covers the following topics:

	a The Role of the Banks in Electronic Data Interchange [EDI]
	b Australian EDI Associations and Standards EDI Committees
	c The Australian Government role in promoting "EDI for the Information Economy"

B  18:05-18:15 - REVIEW OVERSEAS CRYPTOCURRENCY RESEARCH

The Meeting reviewed these "Cryptocurrency" articles

a 2019/03/14 Over 40 bugs in Blockchain and Crypto platforms detected over past 30-days

b 2019/03/15 IBM hints at Stablecoin cross-border payments solution for Financial Institutions

c 2019/03/15 Businesses increasingly see crypto mining attacks in Cloud Infrastructures

C  18:10-18:25 - UPDATE ON "BLOCKCHAIN" INITIATIVES

The Meeting reviewed these "Blockchain" articles

a 2018/12/20 Bockchain in 2019 and beyond 5 predictions

b 2019/02/14 HSBC exec says using Blockchain slashed forex trading costs by 25%

c 2019/03/15 Blockchain Summit Singapore Aug 2019

D   18:25-18:30 - ANY OTHER BUSINESS

SGG reported that "Network Solutions" has been appointed as the OIC Internet Service Provider 
[ISP] for the next 12-months while further details about the 3-year contract paid for in 2017 
were investigated

ACTION ITEMS		ACTION				WHO	FOR	WHEN			

1	Notice On-line Minutes				SGG	All	by H 2019/03/28

2	Review Australia Standards & SAI Global issues	All	All	by F 2019/04/05

3	Report "Blockchain" & "Hyperledger" articles	OMG	All	On-going

NEXT MEETING

Date:	Tue 09 Apr 2019		Time:	17:30 - 18:30

Venue:	Balgowlah RSL	 	E: 
	30 Ethel St		F:{61}(2)
	SEAFORTH	2092	P:{61}(2)9949-5477

Regards

Stephen GOULD
Projects Co-ordinator
SUSTAINABILITY ACTION NETWORK
 
E: ehn.1a3posgg@gmail.com
M: {61}(4)1600-9468 


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