It only took Oz govt transformation bods 6 months and $700k to report that blockchain ain't worth the effort

Snarking at vendors: Priceless

An Australian government agency given AU$700,000 (just shy of US$500,000 or 380,000) to research applications of the blockchain has delivered its answer: don't bother. Anything you want to do with blockchain, you can already do better with existing technology."