Category Archives: blockchain

Lege Trend. BLOCKCHAIN meets Legislature. The Future of Data Security Legislation? Read the Bill.

Colorado Legislature is considering SB18-086 that brings together blockchain & data security legislation.

What you need to know:

  • Calls for CO to adopt a distributed ledger
    • this means pieces of the ledger live in different cyber spaces, so a hack of 1 space does not expose all the data
  • How does the bill get to a distributed ledger in Colorado state government?
    • Directs Colorado’s chief information security officer to evaluate the costs and benefits of using distributed ledgers in various…

TREND. The Next Technology for Government & Local Government Data. All Data. All places. 3 Bits informed:intel

  • The new hot commodity in data security: blockchain
  • How does it work? Llike a spy network where no one entity or server has all the information.
  • How quickly can information and payments move? Instaneously with no holding fees.

How does the spy network analogy play out for data?

Say your a city controller making payments to a contractor. The payment can be processed instaneously without being hacked because the information is broken down into packets, encrypted and each packet is sent a…