Project Minutes | Blockchain SIG | Blockchain TED Videos | IBM Blockchain for Diamond Ind | RUBAC Video | RUBAC Projects | Disclaimer | Copyright

Home | Theme | Prizes | Admissibility | Eligibility | Award Criteria | Documents | Procedure | Other Conditions | Contact |  Disclaimer | Copyright

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

Notice of Draft Minutes Meeting 8 held Tue 12 Feb 2019			REF:UNBACM8n

Hi everyone

This is the On-line link to the draft minutes Mtg 7 T 29 Jan 2019 of the EC-BSG 
H2020 Challenge with an update on Cryptocurrencies and Blockchain Research

A  17:30-18:00 - Review key project issues for h2020 submissions
B  18:00-18:10 - Review overseas "Cryptocurrency" research 
C  18:10-18:25 - update on "Blockchain" initiatives

A  17:30-18:00 - FINALISE KEY PROJECT ISSUES FOR H2020 SUBMISSIONS

PMA said the email that we received from Frank in Adelaide about the article "Blood 
of Slaves in the Bluestone of SA" by Peter GOERS printed on 20 Jan 2019 in the Adelaide 
Advertiser raised some important issues of concern about "Blockchain"

These issues of concern include:

1	The fact that the British Government and thus the British tax-payers could enter a 
	contract in 1883 under the Slavery Abolition Act 1833  to compensate Slave Traders for 
	180 years from 1835-2015 for the equivalent total of BPS 16.5 Billion

2	The fact that such a large sum of money led to the development of South Australia by a 
	number of families who received that compensation ref Peter GOERS article 20 Jan 2019

3	The fact that the history was hidden so well for such a long time from Australians as well 
	as UK Tax-payers

4	That some of the same families are currently major influencers in the development of
	"Blockchain" applications

According to an article on 01 Jan 2019 by Stephen BARTHOLOMEUSZ "Leveraged 
to the hilt: World has a Au$ 264 Trillion Problem" Australia's net Government debt, 
which was Au$ 0 in 2007 prior to the GFC, is now Au$ 350 Billion !  

Hence was the Global Financial Crises [GFC] 2007-2009 just another Bankers' ruse to ensure
Governments have to keep imposing austere measures on civilian populations and keep 
people, councils and state Governments in perpetual debt ?

Indeed according to an 2016 article in the Australian by Judith SLOAN "Digital 
Disasters haemorrhage Bucketsful of Money" she lists the many IT disasters in 
Health and Education which have become a permanent drain of the Public Purse

It also appears similar to the case of the 2004 Australian-USA  Free Trade 
agreement [Aus-USA FTA] and the 2008 National eHealth Transition Authority 
[NeHTA] multiple eHealth Standards where the Minister responsible for signing the 
documents retires from Public Service soon after the Contracts are signed and 
leaves the problems to somebody else to cope with the cost overruns and major 
delays which often become legal issues

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

The Meeting reviewed these "Cryptocurrency" articles

a 2019/02/01 Wyoming Passes Bill to Recognize Cryptocurrencies as Money
b 2019/02/01 Cryptocurrency looks for respectability as 200+ exchanges registered
c 2019/02/04 Edu Institutions Offer Opportunities to Learn About Blockchain & Crypto

c 2019/02/04 Edu Institutions Offer Opportunities to Learn About Blockchain & Crypto

The full article can be reviewed here

"Virtually every profession is being impacted by emerging technologies such as artificial 
intelligence, 3D printing, and blockchain", Bhaskar Pant, Executive Director of Professional
Education at the Massachusetts Institute of Technology said in a recent statement. 

These new learning options are designed to address the critical skills and specialized 
knowledge necessary to succeed in a 21st century technology workforce".

CJD said now that Educational Institutions have recognised the importance of people 
understanding "Blockchain" we should develop our own On-line training program to assist 
people to understand the issues

b 2019/02/01 Cryptocurrency looks for respectability as 200+ exchanges registered 

The full article can be reviewed here

Australia's top financial intelligence agency [AUSTRAC] has now officially registered 
246 cryptocurrency exchanges - a move some claim is a step towards respectability for an 
industry with a reputation problem.

Key points:

1	currency exchanges, which let people trade online assets like bitcoin, must be registered
	with AUSTRAC

2	Industry spokespeople believe regulation is giving the industry credibility

3	Reports of fraud and investor loss related to digital currencies continue
A 2019/02/01 Cryptocurrency looks for respectability as 200+ exchanges registered

SGG said it appears that in Australia the The Anti-Money Laundering and Counter-Terrorism Financing 
Act 2006 enabled AUSTRAC to establish "The Digital Currency Register" which is quite amazing 
when you consider the first open source bitcoin client was released on 09 Jan 2009

It just shows how far ahead our Australian Politicians are with this new technology !

a 2019/02/01 Wyoming Passes Bill to Recognize Cryptocurrencies as Money

The full article can be reviewed here

In the United States, the state of Wyoming passed a bill that will allow for cryptocurrencies to be 
recognized as money on Jan. 31, according to the state legislature website.

On Jan. 18, Wyoming legislation presented the bill, which would help to clarify the classification 
of cryptocurrency.

As reported by Cointelegraph earlier this month, the bill will place crypto assets into three 
categories: digital consumer assets, digital securities and virtual currencies.

Any digital assets that fall into those three categories will be defined as intangible personal 
property, granting virtual currencies the same treatment as fiat money.

SGG said it may be worth noting that Wyoming is the first US State to pass Legislation that 
recognises Cryptocurrencies as legal tender with New Hampshire and Indiana following closely
behind

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

The Meeting reviewed these "Blockchain" articles

b 2019/01/30 Full page Playchip.com advertisment as a Blockchain cryptotocuttency for gaming
a 2019/01/16 Ford & IBM uses Blockchain to combat child labour in Congo

a 2019/01/16 Ford & IBM uses Blockchain to combat child labour in Congo

The full article can be reviewed here

Cobalt essential for electric car batteries and smartphones is frequently mined by children. 
Companies are using technology to track source of the mineral

Ford, IBM and LG have joined forces to use blockckain to prevent child labour being used to
mine minerals essential for making smartphones and electric cars.

The three multinationals and China's Huayou are using the technology to track cobalt mined in 
the Democratic Republic of Congo along the supply chain to batteries making batteries for 
Ford's electric vehicles.

Lithium-ion batteries are found in a host of consumer electronics including iPhones and tablets. 

Surging demand has meant a boom in cobalt mining in the DRC, which produces around 60 per 
cent of the global supply"

GMO said it is great that these companies are using "Blockchain" to track whether children are 
mning Cobalt as this means "Blockchain" could be used to track whether children and slave-labour is 
being used to mine other minerals 

b 2019/01/30 Full page Playchip.com advertisment as a Blockchain cryptotocuttency for gaming 

The full article can be reviewed here

"THE UNIVERSAL GAMING TOKEN The PlayChip™ is changing the way you play". 

"Brought to you by the PlayChip Foundation the PlayChip will be the exclusive gaming token of some 
of the world's leading gaming operators."Playchip is a blockchain enabled Universal Gaming Token 
for sports betting, gaming, fantasy sports and eSport industries and will revolutionise the 
$ 3 Trillion-a-year global economy" 

JNN said as I used to import and sell Poker Machines 30-years ago it is very interesting to see how
"Blockchain" will be used to track gaming credits with Universal Gaming Tokens

As, according to the IBM Press release 05 May 2018 "Australia's goal is to become one of the 
top-three digital governments in the world by 2025, while delivering services that are simple, 
convenient and easy to use for Australian citizens and businesses" Training on Blockchain and 
related issues will be very important for Australian citizens and businesses to comprehend the 
plethora of information likely to be provided over the next 5 years

ACTION ITEMS		ACTION				WHO	FOR	WHEN			

1	Plan for On-line Training program 		CJD	All	by F 2019/02/22

2	Overview Coding Processes & On-line Forms	SGG	All	by F 2019/02/22

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

NEXT MEETING

Date:	Tue 26 Feb 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 


   Project Minutes | Blockchain SIG | Blockchain TED Videos | IBM Blockchain for Diamond Ind | RUBAC Video | RUBAC Projects | Disclaimer | Copyright

Home | Theme | Prizes | Admissibility | Eligibility | Award Criteria | Documents | Procedure | Other Conditions | Contact |  Disclaimer | Copyright

<