California To Develop Blockchain and A.I. Based Products

The state of California plans to develop blockchain and artificial intelligence based products. This was mentioned in the “State of the State address” by the governor of the state, Gavin Newsom recently.

Adoption of Blockchain and Artificial Intelligence Technology

Gavin Newsom said in his speech that there is a need for a comprehensive statewide strategy to uplift and upskill the workers of the state. This is to ensure the technological advancements in AI, blockchain, and big data are creating jobs and not destroying them. Also, to reform the institutions to enable more workers to have an ownership stake in their sweat equity.
The governor also noted in the speech that he appointed a new commission on California’s workforce and future of work. This is indicated to include players from both the labour and the business sector to develop innovative technologies and ensure opportunities for workers. He further noted that the state is proud to be home to technology companies that are determined to change the world.
Further, Newsom stated that the citizens of the state should be able to benefit from sharing their personal information on online platforms and services. Based on this, the governor stated that he had asked his team to develop a proposal for a data dividend for Californians.

Newsom’s Interest In Developing Technology and Blockchain

The governor of the state has been prominent with his interest in developing technologies and digital currencies. In the year 2014, he was reported to have brought cryptocurrency to the political party scene when he became the first high profile politician to accept campaign donations in Bitcoin. Also, in November 2018 he obtained 59 percent of electorate support to defeat Republican party’s, John Cox in the midterm gubernatorial election.
Leadership is key to crypto and the blockchain technology adoption in any country. The interest of Newsom in cryptocurrency has been the major factor stimulating the growth of the space in the state in recent time.
The growth crypto has seen in Malta in recent time could be attributed to the efforts of the prime minister, Joseph Muscat. Likewise, countries that have rejected cryptos can also be attributed to the leadership role.

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