Category Archives: blockchain

Lege TREND. Colorado Bill Supporting Blockchain. What you Need to know. Agencies Impacted. Data Impacted.

Colorado Legislature passes SB18-086 to require 3 governmental entities:

  • governor’s office of information technology (OIT)
  • department of state
  • department of regulatory agencies

to consider using encryption techniques and blockchain tech in order to protect:

confidential state records.

The bill also requires Colorado to accept business filings in distirbuted ledger (blockchain).

Colorado SB18-086

Cointelegraph | Colorado Passes Bill Advocating Blockchain For Gov’t Data Protection And…

3 Touted Benefits of Wyoming's Novel Blockchain Law

Wyoming this year sought to stake out territory as a leader in luring blockchain technology to the state.

These are the benefits that are touted:

  • economic (new businesses moving to WY)
  • elections- blockchain can streamline voting & make it more secure
  • no cost to the state

The concern:

  • Wyoming needs a tax structure that encourages technology companies to move there

Casper Star Tribune | Editorial board: Blockchain could be a boon for Wyoming 

Data Security Issues at the Conference of Western Attorneys General. 5 Topics. 2 Enacted Laws

Conference of Western Attorneys General will be discussing the following data security issues this year:

  • data privacy, cybersecurity, and digital piracy
  • breach notification
  • the European Union’s data protection regulations
  • national security & cybersecurity intersection
  • FinTech

Enacted Laws to be highlighted:

  • Arizona’s Regulatory Sandbox Program, signed into law by Governor Doug Ducey on March 22, 2018
  • Arizona House Bill 2154 into law on April 11, 2018 that prioritize data privacy in…

Lege TREND. The blockchain Bill Package from the State Wanting to be THE WORLD LEADER on blockchain.

Wyoming looks to be a world leader on blockchain technology.

To achieve its goal, Wyoming Legislature passed these bills:

What is Wyoming’s state strategy? Wyoming’s…

By the Numbers. Blockchain Bills by States.

  • 7 states have enacted blockchain bills
    • Arizona, Delaware, Illinois, Nevada, Tennessee, Vermont, and Wyoming
  • 8 States have amended wire transfer satutes to account for lockchain
  • $2.4 Billion in venture capital invested in blockchain since 2012
  • $120,000 to $150,000 average salary for a blockchain company employee
  • 19 states considering lockcahin bills in 2018
    • Including: Hawaii, New York, Colorado, Nebraska, Vermont, Virginia, Florida, Maryland, and North Dakota

The Verge | Blockchain…

Business TREND. TRUST CHARTER to partner Business & Government in Data Security. 8 partners. 2 fundamentals.

The 8 partners in the TRUST CHARTER:

  • Siemens
  • Munich Security Conference
  • Airbus
  • Allianz
  • Daimler Group
  • IBM
  • NXP
  • SGS
  • Deutsche Telekom

Action Areas for Business and Government:

  • A call to responsibility at the highest levels of government and business with a dedicated government section and chief information officer at organizations
  • Companies must develop mandatory, third-party certification for infrastructure and solutions

“Governments must take a leadership role when it comes to the…

Lege TREND. Blockchain Bills in the Goldenrod flower state. 3 Key Elements to the Bills with Local Government Preemption

State: Nebraska

The legislation: 

  • LB 987 Bitcoin as acceptable currency
  • LB 691 Virtual Currency Money Laundering Act
  • LB 694  State preemtion on blockchain technology & prohibits local taxing of blockchain
  • LB 695 Blockchain state contracting

LB 694 & 695 will require that:

  • blockchain signatures are legally valid in Nebraska
  • smart contracts are valid in all commerce in Nebraska
  • local governments cannot tax, license or regulate blockchain technology

Omaha World Herald | Nebraska…

Lege Trend +1 Northern State. Blockchain for Data Security + State Contracting. 3 Steps to be Informed:

State: New York

The Bills:  

  • A08780 allows contracts secured through blockchain technology + allows smart contracts to exist in commerce
  • A08792 blockchain to secure elections
  • A08793 blockchain for the security of state records

The policy support for blockchain:

  •  safer bet for state and local government records and contracts
  • benefits to state and local governments
  • tool for increasing accountability and transparency

State Tech | New York Targets Blockchain for Voter Security, Smart…

Lege Trend. Procurement Opportunity. Gulf State Looks to Secure Business Contracts via Blockchain Legislation. Read the Bill.

Florida legislature is considering House Bill 1357 that will :

  • look to transition state data centers to blockchain technology
  • provides for electronic contracts and signatures secured by blockchain technology

 

As a side note, Arizona passed a similar bill in 2017. AZ HB 2417 (2017)

CoinDesk | Florida Bill Would Legally Recognize Blockchain Signatures, Smart Contracts