CBDC Pilot Use Case

Aim: as a project participant, RMIT University blockchain students were involved in research to showcase how CBDC retains cash-like accessibility, convenience and inclusivity for offline users as well as demonstrating the use of CBDC funds in emergency situations.

The Project: The Reserve Bank collaborated with the Digital Finance Cooperative Research Centre (DFCRC) to explore use cases for a Central Bank Digital Currency (CBDC) in Australia through a series of use case pilots. Read more

Digital CBD Project

Aim: To provide a strategic roadmap developed across five reports for cross sector adjustments to the post COVID-19 digital environment.

The Project: A collaborative project with the RMIT Centre for Cyber Security Research and Innovation and the RMIT Digital Ethnography Research Centre, commissioned by the Victorian Higher Education State Investment Fund (VHESIF), to conduct large scale research and produce a series of five reports that consider the acceleration of digital technology directly impacted by COVID-19 and consequently, the opportunity areas for a digital CBD. Read more

Opportunities and Disruptions for Real Estate

Aim: To provide leading-edge blockchain research and promoting its use in real world applications that can take the real estate industry into the future.

The Project: The Blockchain Innovation Hub collaborated with the Real Estate Institute of Australia (REIA) and the Real Estate Institute of New Zealand (REINZ) to produce the industry report ‘Blockchain: opportunities and disruptors for real estate’ which provides a range of opportunities and applications that the real estate industry can adopt straight away to enhance customer experiences as well as streamline processes. Read more and download the report

Improving water markets & trading through new digital tech

Aim: To provide essential data for further research to be executed to inform trading market optimisation and valuable feedback to industry, to support emerging water markets across Northern Australia and beyond. 

The Project: This world first pilot project managed by Civic Ledger, sought to deploy and test Civic Ledger’s blockchain enabled peer-to-peer water market and trading platform, Water Ledger. The Water Ledger trading platform was adapted to the MDWSS business and operating rules to observe how blockchain technology can reduce trading costs, improve the efficiency of trade processes, and increase water market transparency.  

Find out more in the Final Report.

DeFi to alleviate poverty

Aim: To assist in alleviating poverty in the developing world through DeFi.

The Project: There are barriers to adopting DeFi in developing economies such as a lack of understanding of the tech and its application. Our researchers will calibrate agent-based models that simulate the interaction of financial literacy, financial access and wealth dynamics based on experimental economics methods used in Guatemala and Vietnam. This project is supported by the Templeton World Charity Foundation Inc who are a global philanthropy with a mission to support new scientific research on human flourishing and to translate these basic discoveries into practical tools.

Simbl gamifies recycling with blockchain technology

Aim: To design the world’s first circular economy blockchain for recycling for Simbl, who have gamified recycling through token-based rewards, called “SimBux”

The Project: Everyone in the recycling supply chain gets paid for taking part except for the consumer. This project solves this disconnect with an innovative system that helps consumers to make good recycling choices, and rewards them instantly for their effort. The project looked at ways digital technology can motivate members of the community to recycle through the gamification of waste sorting. Recycling technologies connected to the research embody AI, gamification of computer programs and digital waste management education.

Find out more at Simbl