The roadmap identifies current and future opportunities for blockchain and provides signposts for the future development and opportunities for the technology. It focuses on: regulation and standards; skills, capability and innovation; international investment and collaboration; and sectorial opportunities. 

The roadmap concluded:

"While blockchain initially gained prominence in the public sphere through bitcoin and other cryptocurrencies, its potential for the broader economy is beginning to be appreciated by other sectors. As outlined in this roadmap, there are significant opportunities for the technology across multiple sectors in the economy: to save money, solve problems, increase efficiencies in multiple processes, and enable new opportunities. There are some challenges to realising these opportunities which need to be addressed in order to capitalise on this promising technology. However, it is clear that, in the spheres of regulation and standards, skills, capability and innovation, and international investment and collaboration, there is significant and positive progress towards resolving those issues and forging ahead with blockchain initiatives in Australia.

 "Continued progress will rely on government, industry and the research sector sharing a vision and a focus for the development of blockchain for the whole economy, which this Roadmap’s signposts provide. All three sectors must ultimately continue to work together in the collaborative spirit that helped produce this Roadmap, to ensure that Australia can seize the opportunities of a blockchainempowered future."

The release said that the roadmap will focus on a number of policy areas including regulation, skills and capacity building, innovation, investment, and international competitiveness and collaboration. 

The Minister said that Australia needs to seize the opportunities presented by blockchain. 

“The national strategy puts us on the front foot in exploring how government and industry can enhance the long-term development of blockchain and its uses", she said.

“We will work closely with blockchain and technology experts from industry and academia to develop the strategy, as well as with CSIRO’s Data61 to incorporate findings from their forthcoming future scenarios report on blockchain."

The FinTech Bridge will: 

• enable closer and stronger collaboration on FinTech between governments, financial regulators and the industry; and
• encourage FinTech firms to use the facilities and assistance available in the other jurisdiction to explore new business opportunities and reduce barriers to entry. 

The FinTech Bridge sets out the framework for the ongoing co-operation between the UK and Australia on FinTech issues, covering four inter-related Pillars: 

• Government-to-government.
• Regulator-to-regulator.
• Trade and investment.
• Business-to-business.