Blockchain Enhancing Transparency in Australia's Water Markets
Blockchain proposed for transparent water trading in Australia's Murray-Darling Basin.
ACCC and DCCEEW findings reveal challenges in water trading: aging infrastructure, limited transparency, eroded trust.
Arup and IBM envision collaborative blockchain platform for water trading, ensuring integrity and informed decisions.
Proposed blockchain pilot in cross-jurisdictional areas aims to demonstrate common water trading platform benefits and encourage stakeholder adoption.
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