New Zealand-based blockchain industry blockchainNZ will ask for national blockchain policy from the administration next Thursday. The official chief of Blockchain NZ, Mark Pascall, will give an introduction about the parliament’s economic development, science, and innovation to a select board of trustees. The hearing will be on the potential financial benefits of executing blockchain tech arrangements in the nation. There will also be a workshop on the blockchain, bitcoin, savvy contracts, security tokens, and decentralized autonomous associations.

Pascall remarks that Blockchain NZ needs to have its specialists cooperate. The cooperation should be with blockchain, bitcoin, smart contracts, security tokens, and decentralized autonomous organizations.

There are nations who have already executed the policy. For instance the ruler of Dubai, Sheik Mohammed started the ‘UAE Blockchain Strategy 2021’. Also, Germany reported it will frame such a system by mid-2019. Some have officially executed national blockchain techniques. A good example of this can be Australia which uncovered a national blockchain guide and a financing lift to help the innovation’s improvement. The new arrangement means to make Australia a national head in the blockchain business.