“As an industry, and as a government, we need to acknowledge this is not a fad. We should tread cautiously, but not fearfully.” (She added that decentralised finance presents “huge opportunities” and Australia “shouldn't be left behind.”)

I don’t need to tell people in this room, but blockchain, in particular, is a technology with enormous transformative potential — it can improve the efficiency of our existing processes, and help us develop new ways of doing things.