I would suggest that they're not going to want to have measurements and statistics about their efficiency because they're not doing a good job. They're inundated with information. We need to consciously and critically think about the goals of these organizations, and start thinking about the fact that we have electricity and don't need to be thinking about candles anymore. We need to think about how we redesign these entire systems to be very efficient, seamless, and not even require centralized authorities to oversee them all. That is the potential that blockchain brings to us.
It worked for FINTRAC, but it also works for real estate, identity, taxation, and monetary policy. However, we are now in a time of change and need to address at a very high level how we're going to move forward as a country and a civilization. Are we going to try to take this new technology and hem it into the previous paradigm, or are we going to embrace it and ascend into the new age? To that end, there's a need for a national blockchain strategy or a task force with decision-making power, with the ability to make mistakes, work with international partners, and to try things, to implement pilots.
One of the things we've done at the Blockchain Association is to work with superclusters. We put in a bid for superclusters, but we're a horizontal industry that's spread out everywhere, representing global interests. There is tons of support; everybody is supported. We put out letters of support to all of the supercluster finalists and to those that were selected. We're looking forward to working with each of them, to bringing together all the stakeholders, and identifying and understanding the challenges industries face at a multi-stakeholder level.
As a government, you can't tell the industry how to do things, and industry can't tell the government how to do things. Collectively, you must agree and then work together toward implementing these new solutions, and not be afraid of making mistakes, in the understanding that we don't know everything. Then we move forward.