Topic: [2016-09-27] Blockchain Just Made Some New Friends in Congress (Read 318 times)
Wow, this is great news. Seeing members of Congress names next to "blockchain" is interesting. We are on our way. Great article.
September 26, 2016, 09:07:08 PM
Boy, has blockchain become respectable. It wasn’t long ago that the face of the technology, which powers the crypto-currency bitcoin, was libertarians and drug dealers. Today, it’s the banking industry and members of Congress.
On Monday, Rep. Jared Polis (D-Co) and Rep. Mick Mulvaney (R-SC) announced the creation of a “Blockchain Caucus” to promote laws and policies to encourage the development of crypto-currencies and other blockchain-related tools.
“Blockchain technology has the potential to revolutionize the financial services industry, the U.S. economy, and the delivery of government services,” said Mulvaney in a statement, encouraging other members of Congress to join the caucus.
Hype over blockchain has been bubbling for years because it offers a new form of digital record-keeping in which networks of computers verify and store transactions. Banks and companies like Accenture acn and IBM ibm are already deploying it to replace slow and expensive third-party ledgers systems.
http://fortune.com/2016/09/26/blockchain-caucus/
On Monday, Rep. Jared Polis (D-Co) and Rep. Mick Mulvaney (R-SC) announced the creation of a “Blockchain Caucus” to promote laws and policies to encourage the development of crypto-currencies and other blockchain-related tools.
“Blockchain technology has the potential to revolutionize the financial services industry, the U.S. economy, and the delivery of government services,” said Mulvaney in a statement, encouraging other members of Congress to join the caucus.
Hype over blockchain has been bubbling for years because it offers a new form of digital record-keeping in which networks of computers verify and store transactions. Banks and companies like Accenture acn and IBM ibm are already deploying it to replace slow and expensive third-party ledgers systems.
http://fortune.com/2016/09/26/blockchain-caucus/
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