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Eftpos reveals plans to power Australian smart cities with blockchain tech

April 20, 2021. Summarized by summa-bot.

Compression ratio: 33.9%. 1 min read.

Building on a micropayments pilot launched last year, Eftpos plans to use Hedera’s Hashgraph to explore DLT-powered smart cities.

Eftpos revealed its plans to use distributed ledger technology to power smart cities and self-driving vehicles during the Australian Blockchain Week conference.

486 Total views 10 Total shares Australia’s leading point of sale tech provider Eftpos Australia has revealed ambitious plans to roll out blockchain-powered autonomous vehicles and smart cities in Australia built using Hedera’s Hashgraph.

Speaking on April 20 as part of the Australian Blockchain Week, deputy chair of Blockchain Australia and Eftpos’ entrepreneur in residence, Robert Allen, discussed the firms’ intention to use distributed ledger technology for advanced infrastructure, among other applications:“We're going to be looking at smart cities [. . . ] We're going to be looking at autonomous vehicles and things that we haven't even thought about yet.

by summa-bot

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