Blockchain doesn't need ARPANET-type government support. But co-ordination and collective action are vital to avoid duplication of effort.
Thirty-eight banks have started using the platform since it entered the test phase in September 2018.
The Seoul Metropolitan Government has committed over $1 billion to invest in innovative startups by 2022, including blockchain firms.
The U.S. Department of Homeland Security is seeking to fund anti-counterfeiting solutions from blockchain startups with grants of up to $800,000.
The EU has already spent millions of euros funding startups that are working with blockchain, public data reveals.
A U.S. federal agency has awarded a $100,000 grant to a research group in Arizona looking to apply blockchain to public library systems.
A U.K. government agency is seeking pitches from blockchain startups as part of a competition focused on digital health solutions.