A United State representative, Jared Polis, who happens to be the gubernatorial flag bearer for the Democratic, has indeed taken advantage of the reliable and reputable nature of blockchain technology by adding it to the list of policies on board for his campaign this year.
On Wednesday (8th day of August), the gubernatorial candidate added some set of the proposal relating to blockchain to his gubernatorial platform in corroboration with his goal to establish Colorado as a “National Hub for blockchain innovative in business and government,” according to a recent announcement by Jared Polis’ website.
Campaigning with Blockchain Technology
Polis’ campaign is driven by the ideas of establishing about five blockchain-related initiative for example: building a “safe harbor” to exclude digital currency from the state money transmission regulations, ensuring credibility and boosting confidence in elections by focusing more on cybersecurity.
Also, the Democrats flag bearer does not only propose a blockchain based solution in the state’s energy sector but also to reduce excessive bureaucracy simultaneously improving government services. He also intends to conduct a survey on several other unending possibilities in blockchain application.
Though Wyoming has (in no small extent) set a pace in blockchain application in governance by creating new sets of the asset in the description of cryptocurrency as to imply “Utility Token.” Jared Polis threading this path has declared on his website intentions to “work to establish legislation that protects ‘open blockchain tokens’ or cryptocurrencies that are exchangeable for goods and services.”
Sometimes in March, the governor of Tennessee signed a bill which will grant legitimacy and absolute legal authority of smart contract for digital transactions and blockchain. Also, in June, Governor of Connecticut Daniel Mallay signed SB 445 into law, this consequently gave legal rights to the establishment of a blockchain working group to have a proper study and examination of the technology in order to make the state “a leader in blockchain technology.”
It is exigent to state that the gubernatorial candidate Jared Polis is currently serving in the house of representatives of the United States has some history in cryptocurrency as he belongs to a small group of cryptocurrency enthusiast on Capitol Hill. The Representative has been of immense contribution in the establishment of the blockchain caucus of bi-partisan in the US Congress.
The Congressman is definitely not on a lone course as we have witnessed earlier in the week, the head of Judiciary committee of the United States House of Representatives by the name Bob Goodlate, is reportedly to be the first congressman to have openly disclosed his cryptocurrency asset. In the annual Financial Disclosure Statement, the congressman disclosed and asset in digital currency within $17,000 and $18,000.
This happens to be another landmark in the history of the development of the virtual currency sector and the generality of the blockchain technology as states are now in the healthy competition of being the “leader in blockchain technology” title.