Australia's Two Leading Blockchain Advocate Groups Announce Merger

Two groups seeking to promote blockchain technology in the Asia-Pacific have officially merged.

Announced July 22, the Australian Digital Currency Association and Blockchain Australia signed documentation that will see the two groups formally combine efforts under the BA logo and brand.

ADCA is the industry's leading network for businesses seeking to implement blockchain solutions while BA is the industry body that represents domestic organizations participating in the crypto asset economy.

The announcement, as well as the unveiling of the group's new logo, took place at the Annual APAC Blockchain Conference in Sydney.

Senator Jane Hume, d.emonstrating government support for the merger and future developments from the Australian blockchain community.

"I'm absolutely delighted to see that ADCA and BA have decided to merge, having a consistent and united voice advocating for the responsible adoption of blockchain technology," Hume told attendees.

"We need to recognize the potential for Australian blockchain businesses to tap into the demand that's deriving from Asia's growing middle class."

The official merger was hosted by the Sydney Stock Exchange and witnessed by directors and members from both organizations.

"Bringing the two organizations together will allow the whole Australian blockchain community to speak more clearly and consistently to key stakeholders including governments and regulators and will strengthen the connections between all parts of the Australian blockchain ecosystem."

"The merger of our two organizations creates a stronger and more united voice," added Adam Poulton, director on the newly formed organization's board.