This latest funding stimulus grows the budget by a comparatively meager AU$100,000 - or by around $71,200.
The federal government has revealed plans to develop a national blockchain strategy and roadmap aimed at making Australia a global leader in the development and adoption of the technology.
Furthermore, to help Australia's blockchain tech companies "stay ahead of the game in one of the world's fastest growing technology sectors", both Andrews' and Birmingham's departments will work with the Commonwealth Scientific and Industrial Research OrganIzation (CSIRO) to help develop a "future scenarios report" on the state of blockchain technology in the country.
According to Andrews, this roadmap will set Australia on the right path to seizing the opportunities presented by blockchain technology.
In addition, the country's federal government has committed AUD 100,000 ($71,139) to financially aid Australian companies in joining the Australian Trade and Investment Commission's (Austrade's) "Mission to Consensus" blockchain conference that is slated to take place in NY in May 2019.
The roadmap is expected to focus on policy areas like "regulation, skills and capacity building, innovation, investment and global competiveness and collaboration", the government said.
Interestingly, this is not the first time that the Australian government is investing in the development of blockchain technology. These were described with a number of obscure business buzzwords like: skills and capacity building, innovation, global competitiveness, and collaboration. Less than one year ago, the government invested AU$700,000 ($521,000) worth of tax payers' money into something called the "Digital Transformation Agency", which was tasked with investigating blockchain's suitability for distributing government payments.
According to the press release, previous blockchain investments from Australia's liberal national government have included $500,000 United States dollars to the country's Digital Transformation Agency in 2018-19 which look into the benefits of using blockchain for government payments as well as $250,000 to Standards Australia to promote the development of global standardised blockchain standards. The agency researched how blockchain is being used around the world in public and private sectors as well as existing case studies from Australian government agencies.
Minister for Trade, Tourism and Investment Simon Birmingham said the event would allow Australian blockchain companies and start-ups to connect with investors and customers.
On top of all, she believes that the nation needs to "seize the opportunities presented by blockchain".
That's support for Microsoft's DXR API which will enable real-time raytracing capabilities in existing and upcoming gaming titles. Keeping the low sales of RTX in mind, this expansion of new technology will increase the install base that can support it.
The jihadists have been putting up a desperate fight, their notorious propaganda machine working even on the brink of collapse. But even after Baghouz's fall, IS maintains a scattered presence and sleeper cells that threaten a continuing insurgency.
With that in mind, we should expect to see it hit shelves at a similar time to the Oculus Quest, at a similar price point. After some initial rumours late a year ago , we have heard very little since about the future for the Oculus Rift.
Patrick's Day earlier this week with Prince William in London, though it's not known whether they're the same pair. The group KCL Justice4Cleaners said that ten students were blocked from entering the college.
Most excellent news for supporters of the "everything old is new again" trend in Hollywood: Bill and Ted are making a new movie. Both Reeves and Winter have had busy careers since Bill & Ted. "We want to say thank you to you, the fans", says Reeve.
A family called the snake removal company after a man crawled underneath his home to check his cable and noticed a few snakes. Big Country dove into the fray and discovered 45 rattlesnakes, big and small, lounging under the house.
As a member of the Nationals, he went 86-65 with a 3.62 ERA in 213 starts, including three complete games and two shutouts. Without outside help, the Yankees' rotation would include two young pitchers in Domingo Germán and Jonathan Loaisiga .
Ruth Maguire travelled to Carlingford, County Louth, on Saturday, to celebrate her friend's upcoming wedding. The search has resumed for a Belfast woman missing after a hen party in the Republic of Ireland.
Australian man in NZ mosque attacks charged with murder
European Commission President Jean-Claude Juncker tweeted that he learned of the attack "with horror and profound sadness". Muslims account for just one percent of New Zealand's population, a 2013 census showed, most of whom were born overseas.
Justice Thomas breaks 3-year silence in oral arguments
Flowers was found guilty in the other three, but appeals courts lifted those convictions because of misconduct on Evans's part. By contrast, "the vast majority" of African-Americans thought Flowers was either innocent or that the case itself was flawed.
Mike Thalassitis: Love Island star dies aged 26
Meanwhile, a panel on the success of Love Island that was due to be held during Advertising Week Europe has been called off. In June past year , former Love Island contestant Sophie Gradon was found dead at her home in Ponteland, Northumberland.
Fed Signals It May Not Change Interest Rates This Year
That could become more apparent Wednesday afternoon, when the Federal Reserve is widely expected to hold interest rates steady. Some analysts believe the next rate move could be a cut later this year if the economy slows as much as some fear it might.