Gubernatorial Candidate Desires to Make Colorado a ‘Blockchain Hub’

The Democratic candidate for governor of Colorado, U.S  Consultant Jared Polis, has added a blockchain coverage to the listing of problems with his gubernatorial marketing campaign this yr, consistent with an announcement on Polis’ web page.

Having set a objective to determine Colorado as a “nationwide hub for blockchain innovation in trade and govt,” Polis added a collection of blockchain-related proposals to his gubernatorial platform on Wednesday, Aug. eight.

In his marketing campaign, Polis advocates for imposing 5 blockchain-related projects, similar to creating cybersecurity infrastructure to make sure the integrity of elections, and development a statewide ‘secure harbor’ to exempt virtual currencies from state cash transmission rules.

Polis additionally advocates for blockchain-based answers within the state’s power grid, the aid of presidency paperwork whilst bettering govt services and products, and carrying out a survey on additional blockchain packages.

Following within the footsteps of Wyoming, which created a brand new elegance of property in defining cryptocurrency as “Software Tokens,” Polis says on his web page that he’ll “paintings to determine law that protects ‘open blockchain tokens’ or cryptocurrencies which might be exchangeable for items and services and products.”

Any other U.S. states have already embraced disbursed ledger generation. In June, Connecticut governor Dannel Malloy signed SB 443 into legislation, which establishes a blockchain running team to review the generation as a way to make Connecticut “a pacesetter in blockchain generation.” In March, the  governor of Tennessee signed a invoice spotting the felony authority of blockchain and sensible contracts for digital transactions.

Polis, who’s these days serving within the Space of Representatives, belongs to a small team of crypto advocates on Capitol Hill. The present congressman was once instrumental within the founding of the bi-partisan Congressional Blockchain Caucus.

As Cointelegraph reported previous this week, the chair of the Judiciary Committee of the U.S. Space of Representatives Bob Goodlatte could be the primary member of Congress to reveal that he owns cryptocurrency. Goodlatte reported that he owns between $17,000 and $80,000 in virtual forex in his annual Monetary Disclosure Observation.

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