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Oregon leaders, hungry for innovation, look towards the upcoming venture blockchain

Many Oregon leaders are bullish towards the blockchain. They hope Oregon can become a privileged position for innovation and digital entrepreneurship.


Numerous influential Oregon citizens in education, business and technology are eager to see their state play a major role in the blockchain world. [19659003] This month a partnership is planned between different entities to launch Oregon Blockchain Venture Studio in Portland. Set in the Pearl district, the studio plans to grow and drive 20 to 30 different companies over the next three years.

A website and an official public announcement of the study should arrive within the next month.

Epicenter for Blockchain?

The next study is hosted by the R / GA digital agency, as well as a number of partners including Intel, Nike, the Oregon Health and Science University and Portland State University. The research firm Blockchain Smith + Crown is also one of the participating partners.

So far, investors are earmarked to contribute $ 3 million annually to the project. Those who have been chosen to participate in the study will receive $ 100,000 in investment capital and will be assigned to work in the Pearl District R / GA office. Companies involved in the study are also able to potentially receive investment dollars from any partner firm.

The idea behind a venture study is to try to reap the benefits and functionality of an incubator, an accelerator and a venture capital project.

The studio approach is designed to offer companies financial investments similar to those that could be seen in venture capital, continuing to provide them with logistical and organizational support as if they existed in a pure incubator or accelerator.

the number of influential figures in the state sees the new venture as a way to drive technology-related innovation and possibly set Oregon as one of the major players in the blockchain world along the way.

Jeff Gaus of Oregon Blockchain Venture Partners said he wants Oregon was "known as the state blockchain" and told Portland Business Journal as "the ethos of the Oregon corresponds exactly to what is needed for blockchain to work. "

According to Gaus, there is nothing to prevent the Oregon from having the same blockchain connection as" what Pittsburgh is for steel or Detroit is for cars or Seattle for manned flight. "

State Support of Blockchain Cresce

The state of Oregon is also pledging $ 250,000 for the blockchain study project in the next two years through the Oregon Business and the Oregon Growth Board.

Ocean Nathan Buehler spokesman mentioned "no region has established and submitted requests" to technology. "Do you think that Oregon's consolidated hardware and software industry could trigger the state to" establish an advantage "in the blockchain world.

Two other states have also shown a keen interest in blockchain technology. series of invoices related to the blockchain appeared in parliament.This happened when the officials tried to make the state an interesting pole for cryptographic startups and connected to the blockchain.

At the end of March, West Virginia became the first state to test a blockchain-based mobile voting app, to allow military personnel outside the state to participate in the electoral process.

In Colorado, representative Jared Polis chained blockchain proposals on his political platform when he began his run for governor Polis wrote how he intends to "establish Colorado as a national hub for blockchain innovation n ".

What do you think of the new Oregon innovation study? Can the state be a great player in the blockchain world? Let us know in the comments!


Images courtesy of Unsplash, Shutterstock.

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