Experts tell feds how Canada can lead in emerging tech field of ‘blockchain’
OTTAWA — The federal government has received a batch of recommendations on how to make Canada a global hub for an emerging digital platform known as “blockchain.”
The nascent technology has been widely hailed as a game changer, with the potential to transform everything from financial transactions to how democracies vote to a music lover’s ability to buy a favourite tune straight from the artist.
And Canada is well-positioned to be leader in blockchain development, argues a report released Friday that received funding from the federal government.
“If we do this right, blockchain technology can usher in a halcyon age of prosperity for all, and Canada will lead the way,” reads the report, entitled “The Blockchain Corridor: Building an Innovation Economy in the 2nd Era of the Internet.”