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 government systems
- CO will examine blockchain’s capability in handling cyberattacks compared to traditional computer systems