Australian Government Partners With IBM To Improve Data Security


On July 4, it was reported that IBM has entered a five‐year agreement worth $1 billion AUD (about $740 million) with the Australian government to integrate blockchain technology into the country’s federal departments, such as defense and home affairs. Harriet Green, IBM’s Asia Pacific head, mentioned that the technology’s relative youth and its implementation by Australians would be hallmarks of the partnership. The agreement is estimated to save the country $100 million AUD.

The Australia‐IBM contract follows the country’s increased concern regarding the privacy of user data. In addition to blockchain solutions, the agreement calls for improved data protection platforms, citing recent cyberattacks to international businesses like Facebook and Ticketmaster.

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