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ZIG/ZAG: UNB - European Commission [EC] "Blockchains for Social Good [BSG]"
	 Challenge - DRAFT MINUTES W 08 MAY 2019 FOR MTG B5 T 07 MAY 2019

Date:		Tue 07 May 2019		Time:17:30 - 18:30

Venue:		Balgowlah RSL		Contact: Stephen GOULD
		30 Ethel Street		SAN Projects Co-ordinator
		BALGOWLAH 2092		M:{61}(4)1600-9468

			INVITEES & ATTENDEES

Peter AXTENS	[PMA] Chr	Y	Janece WILLS	[JPW]		E
Gloria OMODEI	[GMO]		Y	Carline DUFFY	[CJD]		Y
Jan NEILSEN	[JNN]		Y	Nick RIDDELL 	[NHR]		E
Tim CHENKO	[TMC]		E	Stephen GOULD	[SGG] Sec	Y
Kathy REID 	[KCR]		Y	Any On-line Contacts

			     AGENDA

	A  17:30-18:00 - Review 5th quantum 14.30-15:15 Cryptocurrencies and Blockchain benefits for SMEs
	B  18:00-18:15 - Review Overseas Cryptocurrency Research 
	C  18:10-18:25 - Update on "Blockchain" initiatives
	D  18:25-18:30 - Any other business - email Council & Fatmers re Biogas Digester Experiences
	W  Action Items
	Z  Next Meeting	Tue 28 May 2019		17:30 - 18:30

A   CONFIRM 5th QUANTUM 14:30-15:15 ON-LINE BLOCKCHAIN TRAINING PROGRAM
	
A major part of the EC-BSG project will be to assist potential Project Partners to understand 
the key project issues hence the EC-BSG Committee is preparing an "On-line Introduction to 
understanding eCommerce, Blockchain and Cryptocurrency issues"

The 5th Quantum 14:30-15:15 is about" Cryptocurrencies and Blockchain for SMEs" and explains 
where Blockchain and Cryptocurrencies can assist Small and Medium-size Enterprises [SMEs]

The Meeting agreed that the document "Blockchain 2030 - a Look at the Future of Blockchain in 
Australia" published on 09 Apr 2019 by CSIRO and the Australian Computer Society [ACS] was a 
very important document to understand hence PMA proposed that the next meeting be in 3-weeks on 
28 May 2019 to allow people time to read it

PMA said as it was quite hard to read when a black and white copy is printed he requested SGG to 
investigate if the document can be placed On-line

The preparation of our On-line Training program coincides with the recent release on 09 Apr 2019 of
"Blockchain 2030 - a Look at the Future of Blockchain in Australia" by CSIRO and the Australian 
Computer Society [ACS] which is prefaced by:

 "Blockchain technology is a distributed ledger technology whereby a database is distributed 
across numerous users, and changes to the database are validated by consensus among the users. 

While it is best known as the platform for Bitcoin, blockchain technology can be widely applied to 
improve business processes, increase transparency, and drive the creation of new jobs and
industries.

Over the last decade, blockchain technology has grown in popularity and use, and has already
begun to disrupt existing markets in Australia and around the world. 

The opportunities blockchain presents have been invested in, studied, explored, and considered, in 
almost all sectors of the economy. 

Blockchain has attracted significant public and private investment, and introduced previously 
non-existent products and services across multiple industries. 

Despite its potential, there is significant uncertainty regarding future adoption of blockchain 
technology in Australia. 

For instance, there are unknowns around blockchain's capacity to work at scale while remaining 
decentralised, and protect confidentiality whilst also being transparent. 

The extent to which the public will trust decentralised systems is also uncertain. 

These uncertainties raise the question: can blockchain progress beyond the hype to deliver 
tangible, high-value applications and a thriving industry for Australia, or will blockchain amount 
to little more than a market bubble ?

This prologue by ACS identifies that there "Despite its potential,there is significant uncertainty 
regarding future adoption of blockchain technology in Australia"

This concurs with our own research that although current Blockchain models may be adopted by 
large organisations with significant CIT Budgets, Systems Analysts and Programmers, Blockchain is 
unlikely to be adopted by Small and Medium-size Enterprises [SMEs] without in-house CIT expertise

If there is a Volunteer Credits Cryptocurrency in place, supported by the United Nations, then 
perhaps SMEs will adopt and more important support a local Volunteer eCredits system like Hull-Coin
in the UK

Hence the importance of an On-line training program to explain to SMEs how Cryptocurrencies and 
Blockchain technologies could benefit them

B  18:00-18:15 - REVIEW OVERSEAS CRYPTOCURRENCY RESEARCH

The Meeting reviewed these "Cryptocurrency" articles

There appear to be few articles on Cryptocurrencies at the moment whereas with the release of the 
CSIRO and ACS report "Blockchain 2030  - a Look at the Future of Blockchain in Australia" there is 
likely to be considerable articles on Blockchain implementations in the next few years

a 2018/02/15 Vic Government paper on Cryptocurrency and Blockchain explained
b 2019/01/22 Regulation of Cryptocurrencies around the World - Library of Congress
c 2019/03/13 Facebooks cryptocurrency a financial expert breaks it down

c 2019/03/13 Facebooks cryptocurrency a financial expert breaks it down

The full article can be reviewed here

b 2019/01/22 Regulation of Cryptocurrencies around the World - Library of Congress

The full article can be reviewed here

a 2018/02/15 Vic Government paper on Cryptocurrency and Blockchain explained

The full article can be reviewed here

There appear to be few articles on Cryptocurrencies at the moment whereas with the release of the 
CSIRO and ACS report "Blockchain 2030  - a Look at the Future of Blockchain in Australia" there is 
likely to be considerable articles on Blockchain implementations in the next few years

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

a 2019/03/05  The future of blockchain according to experts in the Energy sector
b 2019/04/08 AFR CBA, Telstra work top secret blockchain project
c 2019/04/29 The Implementation of "Blockchain" in the Energy sector

c 2019/04/29 The Implementation of "Blockchain" in the Energy sector

The full article can be reviewed here

b 2019/04/08 AFR CBA, Telstra work top secret blockchain project

The full article can be reviewed here

a 2019/03/05  The future of blockchain according to experts in the Energy sector

The full article can be reviewed here

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

SGG to email Councils and Farmers for experiences in installing Biogas Digesters
as a suitable Refugee Sanitation solution

ACTION ITEMS		ACTION				WHO	FOR	WHEN		

1	Notice On-line Minutes			SGG	All	by H 2019/05/09

2	Eml Cls & Farmers re Biogas		SGG	All	by F 2019/05/10 

3	Review CSIRO/ACS Blockchain 2030	All	by F 2019/05/24

NEXT MEETING AFTER MEETING ON TUE 07 MAY 2019

Date:		Tue 28 May 2019		Time:17:30 - 18:30

Venue:		Balgowlah RSL		Contact: Stephen GOULD
		30 Ethel Street		SAN Projects Co-ordinator
		BALGOWLAH 2092		{61}(4)1600-9468

					INVITEES
	
		Peter AXTENS	[PMA] Chr		Janece WILLS	[JPW]		
		Gloria OMODEI	[GMO]			Carline DUFFY	[CJD]		
		Jan NEILSEN	[JNN]			Nick RIDDELL 	[NHR]		
		Tim CHENKO	[TMC]			Stephen GOULD	[SGG] Sec
		Kathy REID 	[KCR]			All On-line Contacts

	A	17:30 - 18:00 - Review Blockchain 2030
	B	18:00 - 18:10 - Review Cryptocurrency Reasearch
	C	18:10 - 18:25 - Review Blockchain issues
	W	18:25 - 18:30 - Any Other Business 



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


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