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Blockchain bytes: a selection of news from around the web
Although the development of blockchain takes place in the private sector, in states and in funding agencies governments are also advancing technology through legislation, pilot projects and research.
The California state legislature approved the Bill 2658 Assembly on August 27th. The bill defines blockchain and establishes a working group to assess the use of technology in state and California enterprises. The new working group will examine the risks, benefits, legal implications and best practices surrounding the distributed register technology and report to the legislature.
In Vermont, Governor Phil Scott signed Senate Bill 269 into law to focus on the state support for blockchain businesses. The law allows the creation of limited liability companies based on blockchain and orders the Financial Regulation Department to review the potential of technology for insurance and banking applications and to consider potential areas of adoption along with any necessary regulatory changes. It also creates a study for the potential use of a ledger distributed in government registers.
Vermont legislation also allows the block company Propy to continue its work to protect real estate transactions. As part of a pilot program, Propy worked with South Burlington and Burlington to record real estate deals supported by the government on a blockchain. The company plans to expand its pilot to other small cities in Vermont.
SafeChain, a startup based in Columbus, Ohio, is working with the state's Franklin county auditor's office to test blockchain technology to record the sale of 37 properties in a confiscation auction , according to the Columbus Dispatch. After a property has been sold, SafeChain will add a barcode to the paper document, which the buyer can scan to retrieve the relevant documents on an authorized blockchain.
The National Science Foundation awarded a grant of $ 818,433 to researchers at the San Diego Computing Center to develop the Open Science Chain, a blockchain-based platform that enables researchers to access and efficiently verify data collected through scientific experiments.
NSF also awarded a grant for $ 191.245 to researchers at Carnegie Mellon University addressing the challenges of high-security writing contracts. They are developing a new high-level language called Solidified that allows a programmer to express both the intent of the contract and its design constraints.
About the author
Sara Friedman is a journalist / producer of GCN, covering the cloud, computer security and a wide range of other public sector IT topics.
Prior to joining GCN, Friedman was a reporter for Gambling Compliance, where he covered state issues related to casinos, lotteries and fantastic sports. He also wrote for Communications Daily and Washington Internet Daily on state telecommunications and cloud computing. Friedman graduated from Ithaca College, where he studied journalism, politics and international communications.
Friedman can be contacted at [email protected] or follow her on Twitter @SaraEFriedman .
Click here for Friedman's previous articles.
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