US Conference of Mayors Introduces Blockchain Resolution
2 min read

US Conference of Mayors Introduces Blockchain Resolution

By News Desk

The US Conference of Mayors is making progress in paving the way for the blockchain industry, introducing a bipartisan resolution that will support blockchain innovation.

The annual conference is the largest national organization that represents Mayors from America’s largest cities, regardless of political affiliation.

The bipartisan group called for “direct and coherent guidelines for the testing, adoption, and use of technology” that will both protect consumers and foster innovation to tap into the massive potential behind the emerging technology.

Illuminated,Aerial,Cityscape,Of,Seattle,,Downtown,At,Night,Time,,Washington,

Image via Shutterstock

The group recognizes the potential for blockchain technology to create unique opportunities for communities across America, to grow the economy, and create jobs.

It has been long feared by the crypto community that crypto would become a political issue, further stifling growth in the sector. Witnessing politicians on both sides of the bench rationally discuss how to progress a non-political technology is an encouraging step forward.

Mayor Hilary Schieve of Reno went on to state:

“There has never been a more opportune time to embrace technologies that enhance government services and stimulate local economies. This resolution seeks to lay the groundwork for measures that bring blockchain technology to our cities in a safe, accessible way.”

“We are only beginning to see the potential for blockchain technologies,” said Mayor Steve Williams of Huntington, West Virginia. “Cities across the nation can experience benefits as far ranging as expanded internet access and improved supply chains.”

The resolution highlights that blockchain has the potential to “provide tools for cities to innovate, to streamline operations, functions, and to better deliver public services and increased access to opportunity for business and families,” while also emphasising the need for rules and guidelines.

Newsletter Inline

Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.

Latest Posts

PrimeXBT vs Bybit 2022: Which Exchange is Best for Crypto Trading?

PrimeXBT vs Bybit 2022: Which Exchange is Best for Crypto Trading?

September 27, 2022 26 min read
How to Buy Bitcoin on Binance

How to Buy Bitcoin on Binance

September 26, 2022 7 min read
How to buy Polkadot at FTX
How to Buy Polkadot (DOT) on FTX Exchange
How to buy Polkadot at FTX

How to Buy Polkadot (DOT) on FTX Exchange

September 23, 2022 9 min read
Crypto Safety 101: How to Protect your Crypto

Crypto Safety 101: How to Protect your Crypto

September 22, 2022 44 min read
Blockchain Security: How to Understand Blockchain Audits to Stay Safe in DeFi

Blockchain Security: How to Understand Blockchain Audits to Stay Safe in DeFi

September 21, 2022 26 min read
IDEX Review
IDEX Review 2022: The First Hybrid Approach to Non-Custodial, High-Performance Crypto Trading
IDEX Review

IDEX Review 2022: The First Hybrid Approach to Non-Custodial, High-Performance Crypto Trading

September 14, 2022 37 min read
Using Modern Portfolio Theory to Build a Crypto Portfolio
Using Modern Portfolio Theory and How to Build a Crypto Portfolio
Using Modern Portfolio Theory to Build a Crypto Portfolio

Using Modern Portfolio Theory and How to Build a Crypto Portfolio

September 12, 2022 48 min read

Related Posts

Crypto Safety 101: How to Protect your Crypto

Crypto Safety 101: How to Protect your Crypto

September 22, 2022 44 min read
Blockchain Security: How to Understand Blockchain Audits to Stay Safe in DeFi

Blockchain Security: How to Understand Blockchain Audits to Stay Safe in DeFi

September 21, 2022 26 min read
Top 5 Crypto Scams to Avoid in 2022

Top 5 Crypto Scams to Avoid in 2022

September 7, 2022 30 min read
What is Etherscan and how to use it
Etherscan Review: Public Face of Ethereum
What is Etherscan and how to use it

Etherscan Review: Public Face of Ethereum

August 30, 2022 16 min read
Can you still make money mining Monero
Can You Still Make Money Mining Monero in 2022?
Can you still make money mining Monero

Can You Still Make Money Mining Monero in 2022?

August 27, 2022 16 min read
Crypto Staking Complete Guide
Stake and Earn: Complete Guide to Staking Crypto
Crypto Staking Complete Guide

Stake and Earn: Complete Guide to Staking Crypto

August 25th, 2022 33 min read
What is a rug pull
Crypto Rug Pulls: How To AVOID Them and Keep SAFE!
What is a rug pull

Crypto Rug Pulls: How To AVOID Them and Keep SAFE!

August 13, 2022 15 min read