IBM will be the technology partner of the Australian government in matters of application of the blockchain. The parties signed a five-year cooperation agreement worth 1 billion Australian dollars ($740 million), according to Bloomberg.

The tech giant will provide government departments automation and help to implement blockchain technology in the public services.

IBM will also create a platform for the protection and storage of Australian citizens. The authorities believe that the future solution would save taxpayers ‘ money amounting to about 100 million Australian dollars ($73 million).

According to the head of IBM Asia Pacific Harriet green, in partnership to implement and develop new projects to connect professionals Australia.

We will remind, in June IBM launched in India free educational course on the blockchain.