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The Digital Chamber of Commerce, the largest trade badociation in Canada, has joined forces with the Canada Chain Association, which will now move to the Digital Chamber of Commerce of Canada. The merger was announced in a press release posted on the website of the Chamber of Digital Commerce on February 5th.
BAC's Director General and Policy Strategist, Tanya Woods, will serve as the Executive Director of the Digital Chamber of Commerce of Canada. Woods has previously worked for the Canadian government, BCE, Nintendo and Microsoft. Woods said in the press release:
"Bloc-Chaîne leaders and the Government of Canada would like to see a strong and coordinated Bloc-Chaîne ecosystem ready and able to collaborate effectively with decision-makers to ensure the prosperity of the industry in Canada."
Don Tapscott, Executive Chairman of the Blockchain Research Institute, said Canada is "well positioned" to become a world leader in the blockchain sector. He added: "It is essential that Canada has a unified local community to adopt the blockchain …"
The Digital Chamber of Commerce was created in July 2014 and brings together 200 companies looking to invest in blockchain technology. Notable members include Microsoft, Overstock, IBM and Bitpay.
In October 2018, Cointelegraph announced that the Canada Border Services Agency (CBSA) had agreed to test a block-based chain mail solution created by IBM. A system implemented in the blockchain would allegedly automate the distribution and exchange processes, in addition to reducing costs and the margin of error.
Canada has become a leader in crypto and blockchain because of its favorable regulatory regime, low energy costs, innovation and the high speed of the Internet.
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