Backing blockchain with strong policy

[This article was published at Policy Forum] Blockchain technology offers several benefits for the world’s industries and supply chains, but as investment grows, there must be a simultaneous increase in robust international policy coordination, Darcy Allen writes. Blockchain technology will bring the next wave of globalisation by radically upgrading the world’s trade infrastructure. We are now … Continue reading Backing blockchain with strong policy

For Tassie exporters, paper trail risks vital trust

[This article was published in the Hobart Mercury] Tasmania’s producers are perfectly placed to receive higher export prices by taking advantage of blockchain technology. Applying blockchain to Tasmanian supply chains will deliver more trustworthy information to consumers, boosting prices of high-quality super-premium exports. The State Government recently announced Brand Tasmania as a statutory body, tasked … Continue reading For Tassie exporters, paper trail risks vital trust

Blockchain and the manufacturing industry

[Together with Chris Berg and Jason Potts this article was published in the Australian Technology Manufacturing Magazine] Bitcoin was invented in 2008 by Satoshi Nakamoto as a censorship-resistant cryptocurrency built for the internet. With regular fiat money centralised bodies such as banks and governments control the records of who owns what. For bitcoin those records … Continue reading Blockchain and the manufacturing industry

Why blockchain technology could be the key to solving the developing world’s biggest problems

[Together with Chris Berg this article was published at FEE.org] The core of the free market explanation for global poverty is simple and compelling: much of the world’s poor are poor because of institutional failure. The court systems that service the bottom billion are unreliable or hard to access. The governments impose extractive taxation. The … Continue reading Why blockchain technology could be the key to solving the developing world’s biggest problems

Predictions for trade in a blockchain world

[Together with Alastair Berg and Brendan Markey-Towler this article was published at Machine Lawyering] As goods move from producers to consumers, information about those goods must travel with them. Where did a product come from? Is this wine fake? How fresh is this lobster? Modern supply chains, however, are remarkably long and complex. This complexity … Continue reading Predictions for trade in a blockchain world

Some economic consequences of the GDPR

[Together with Alastair Berg, Chris Berg and Jason Potts this article was published at Cryptoeconomics Australia] At the end of May 2018, the most far reaching data protection and privacy regime ever seen will come into effect. Although the General Data Protection Regulation (GDPR) is a European law, it will have a global impact. There are likely to … Continue reading Some economic consequences of the GDPR

TradeTech and the problem of international policy coordination

[Together with Chris Berg, Sinclair Davidson, Mikayla Novak and Jason Potts this article was published at Cryptoeconomics Australia] International trade is an information problem. As goods move between firms and across borders, information about the provenance, characteristics, and compliance liabilities (whether they are subject to taxes or tariffs) of those goods move alongside them. Handling … Continue reading TradeTech and the problem of international policy coordination

The threat of identity politics

[This article originally appeared in the IPA Review] At the core of our liberal democracy is the understanding that we are all equal. The spread of identity politics across Australia and the West, however, directly undermines this by seeking different rules for different groups of people. Rather than advocating classical liberal institutions and norms, identity … Continue reading The threat of identity politics

Too much red tape could keep drones grounded

[This article originally appeared in The Weekly Times] From spraying pastures to collecting crop data, drones are set to revolutionise Australian agriculture. However, despite this enormous potential, calls for more regulation threaten to keep drones firmly on the ground. The application of drones in agriculture alone is estimated to be worth an enormous $32 billion … Continue reading Too much red tape could keep drones grounded