Delaware Governor Announces Plan To Embrace Blockchain Tech
Delaware Gov. Jack Markell announced a state initiative to embrace blockchain and smart contract technology to help public and private enterprises lower transactional costs, automate and speed up transactions and reduce fraud. Markell announced the plan to look into blockchain technology while delivering a keynote address at Consensus 2016, a New York technology conference on blockchain innovation. The Delaware Blockchain Initiative is designed to provide a legal and regulatory environment for developing blockchain technology and encourage blockchain companies to locate in Delaware. The....
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Delaware to amend its corporate laws to allow implementation of blockchain technology for tracking stocks. Delaware, one of the hottest jurisdictions for incorporating companies, and the home to some of the leading corporates plans to streamline corporate governance by promoting blockchain adoption. According to a regional media outlet, the Delaware General Assembly could soon make necessary amendments to the state’s corporate law, facilitating the inclusion of distributed ledger technology for keeping track of stock owners. The plan to promote the adoption of blockchain technology among....
CoinDesk today announced that Delaware Governor Jack Markell will deliver the opening keynote for Consensus 2016, its 2nd annual blockchain technology summit, which will be held May 2–4, 2016, at the New York Marriott Marquis. Governor Markell will give a special presentation unveiling for the first time details surrounding "The Delaware Blockchain Initiative", which includes projects designed to draw new blockchain technology businesses to the state. In addition to the Governor's keynote, members from the Delaware Department of State and the State Bar Association will....
As government services are one of the most obvious and immediate application areas for the blockchain, it's no surprise progressive governments are already working on initiatives. In the first half of 2016, cities, municipalities and governments have been vocal in their plans for the technology. Indeed, a quick overview of the projects in development shows how far the idea that blockchain could change government services has spread around the globe: Delaware. In Delaware, the state where a majority of new companies will likely incorporate, Governor Jack Markell announced two blockchain....
Delaware is looking to use blockchain technology in a bid to streamline the cost and paperwork burden of registering new companies in the state. In partnership with smart contract-focused startup Symbiont and New York law firm Pillsbury Winthrop Shaw Pittman, the planned system would move the process of registering companies, tracking share movements, and managing shareholder communications into a digital environment. At present, Delaware is in the initial phases of the project. Before any companies starts registering via blockchain, deliberations with the state’s bar association await,....
Johannes Gawaxab, the governor of the Bank of Namibia (BON), has said his organization is planning to launch a central bank digital currency (CBDC). The governor, however, warns the launch might have implications for financial stability.
BON Researching CBDCs
The BON governor, Johannes Gawaxab, recently confirmed that the central bank is now planning to launch a CBDC. He confirmed the BON has already started researching CBDCs which, according to him, are now a “reality” that cannot be ignored.
In remarks published by Namibia Daily News, Gawaxab hinted....