US House of Representatives Conference: Commitment to allow Ohio to open blockchain technology companies

According to Cleveland, the U.S. House of Representatives convened lawmakers, business owners and academics to participate in a press conference, promising that Ohio will open up to attract computer engineers and companies that want to use blockchain technology.

US House of Representatives Conference: Commitment to allow Ohio to open blockchain technology companies

According to a report on August 7, Ohio’s bill to define blockchain and smart contracts has come into effect. In May of this year, Ohio Senator Matt Dolan submitted a bill to the state legislature to clarify the legal status of blockchain signatures and contracts.

The bill called SB300 was not passed smoothly, but the relevant regulations in the bill were written into SB220 as amendments. It is reported that SB220 involves network security protection and has now become the law of the state.

Smith said that blockchain can initially be used to store birth certificates, marriage certificates or other important personal information in a more secure way. But he said that he and others are not ready to propose legislation to transfer government records to blockchain.

In addition, he also said that now is the time to join a blockchain course in the university, so that students will have the ability to cooperate with blockchain-related companies after graduation.

He pointed out: "This is a brand new field, and it has just begun to take shape. We hope that through our efforts, Ohio can be at the forefront of this field."

Smith revealed that they may form a committee to study attention issues. At the same time, he plans to discuss with universities and companies in Ohio and try to expand the development of blockchain technology.

Jim Korcykoski, chief technical information security officer of Nationwide Insurance, said that the blockchain is like the "Internet" with great potential.

Korcykoski said: "The Internet has fundamentally changed the way we interact. Blockchain technology has bibimbap that brings transparency, efficiency, and new business models. This development trend is similar to the Internet."

According to a report on August 23, South Korean political parties are also discussing the idea of ​​using blockchain technology as part of the democratic process, and supporters called for the introduction of a blockchain voting system.

Na Kyung-won, a member of the Liberty Congress Party (LKP), South Korea’s largest opposition party, said: “Blockchain democracy is the way forward for LKP. Many of our supporters are traditionally older and concentrated in certain key areas. New digital channels are opened. It will help us get rid of'offline' gatherings."

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