Canada’s largest blockchain trade association, the Chamber of Digital Commerce has united with the Blockchain Association of Canada (BAC), which can currently go by the Chamber of Digital Commerce Canada. The merger was declared in a press release posted on the Chamber of Digital Commerce website on February five.

Executive director and policy strategist of the BAC, Tanya Woods, are going to be serving as the managing director of the Chamber of Digital Commerce Canada. Woods has previously worked for the Canadian government, BCE, Nintendo, and Microsoft. Woods said in the press release:

“Canada’s blockchain leaders and government would like to see a robust and coordinated blockchain ecosystem that's ready and able to effectively collaborate with policymakers to ensure the business in Canada can thrive.”

Don Tapscott, govt chairman of the Blockchain analysis Institute, said that Canada is “well-positioned” to become a globally leader in the blockchain industry. He side that, “It is crucial for Canada to have a unified local people driving blockchain adoption…”

The Chamber of Digital Commerce was established in July 2014 and is comprised of 200 corporations that are wanting to invest in blockchain technology. Notable members embrace Microsoft, Overstock, IBM and Bitpay.

On Oct 2018, Top Market Group reported that the Canada Border Services Agency (CBSA) agreed to trial a blockchain shipping resolution that was created by IBM. A blockchain implemented system would supposedly allow for the automation of distribution and trade processes, additionally to decreasing prices and margin for error.

Canada has become a number one nation in the crypto and blockchain areas because of its favorable regulative regime, low energy costs, innovation and high web speed.

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