Legal

Australian Govt. To Secure Driving License Data Employing Blockchain Technology.

According to an announcement made by NSW on August. 20th, the govt. said that it’ll conduct the pilot for 1,40,000 license holders within the state before a proper roll-out in 2019 with the help of the company ‘Secure Logic’ which is an  Australian IT firm and technological partner on this project. Mentioning further of the projects details, the company said that its blockchain platform would underpin the initiative to secure information in a distributed fashion.

As per a news reporting by a local source ‘ZDNet,’ namely ‘TrustGrid’ is the blockchain network that has already been trialed during a preliminary pilot of the scheme to be conducted within the state’s Dubbo town last year.

The goal of the new program is to use a distributed network to certify and store driver license informationin order that users are able to present their digital credentials via a mobile application. As after that, the user’s would no longer require to carry their physical driving licenses to prove their ages and identities once checked by police or visiting pubs and clubs.

This scheme is in line with the country’s overall goal of adopting blockchain and distributed ledger technology as a part of its Digital Economy initiative. The initiative follows a bill passed later this year in May that granted the projects legality to let residents license integrate digitally as via a blockchain network.

Currently, an Australian federal agency in collaboration with IBM is also working to develop a national blockchain aimed to let businesses perform transactions supported by legit legal smart contracts.

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