| | October 24th, 2016
"We must plan for freedom, and not only for security, if for no other reason than that only freedom can make security secure." – Karl Popper
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While other states have been looking at the blockchain on a case-by-case basis, Illinois is one of the first to approach the issue with a broader perspective.
The state government has created a working group with members from several public agencies, including the Departments of Innovation, Financial Regulation and Insurance. The group is exploring how the blockchain can help to streamline processes and make it easier for citizens to interact with the government.
By aiming for a comprehensive blockchain strategy straddling several areas, this approach could be an important first step to solving the fragmentation problems of uncoordinated research and piecemeal implementation. Will Illinois be able to bring a wide range of interested parties to the table? Could that help to develop a network effect? Will other states follow suit? (Read the full story.)
More news:
· Chain drops its “biggest release” yet, with an open-source Chain Protocol. Network effect?
· Money2020: just because the blockchain can reboot financial settlement, should it? Big question.
· Money2020 kicks off with focus on identity, the key to durable fintech solutions. Intense.
· SE Asia bitcoin startup Coins gets $5m funding. Read more.
· 90% of banking executives in survey say firm investigating blockchain technology. And the rest?
· Bitcoin outperforms simulated cryptocurrency index funds. By a wide margin.
· There’s a communication gap between healthcare workers and technology providers. It needs a check-up.
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