Historic Birth of the Blockchain Industry

During the recent Infrastructure legislation debate, one thing became very clear.

Policymakers need to have a solid understanding of blockchain and cryptocurrency if they are going to regulate it.

Blockchains, digital currencies, wallets, and evolving technological applications are advancing at a pace beyond the capacity of government policymakers to keep up. Regulatory frameworks need to be beneficial, transparent, and clear for those who seek to interpret and follow them.

Meanwhile, local, state and national governments around the world are capitalizing on opportunities to leverage blockchain for economic development, investment, and improving the overall welfare of their constituents. High-tech jobs are rapidly being transformed, creating multitudes of tech start-ups. New, blockchain-based business processes are streamlining inefficient government bureaucratic procedures.  We are at a critical juncture where our global competitiveness risks lagging behind other nations embracing this technology. Unfortunately, too few US legislators have been able to invest the time to understand this new ecosystem.

To address this gap, a diverse and historic consortium of esteemed and highly competent state and local blockchain leaders are assembling in Washington, DC on September 27-28, 2021 for an event called Blockchain and Infrastructure. This two-day educational seminar is designed for public sector policymakers and is free for elected officials, their staff, and civil servants. The event will examine the government use cases for blockchain technology which are rapidly increasing among every sector of our expanding economy. During this event, participants will gain an understanding of:

• Cryptocurrencies & blockchain technology
• Impact of blockchain & cryptocurrency on governance
• Legal and regulatory considerations
• Blockchain use cases, benefits, and risks

For more information about this event, please go to https://bit.ly/2021-09-Infrastructure or email Kathy.dache@gbaglobal.org