Tuesday, March 21, 2023

The city of Philadelphia rolls out its own blockchain initiative


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City of Philadelphia Chief Innovation Officer Mark Wheeler announced an initiative to deliver blockchain expertise to city authorities on Monday. The challenge has invited folks working within the blockchain and good contracts area to contact workers engaged on the challenge to see how crypto expertise could possibly be helpful inside municipal authorities. Wheeler tweeted that he was impressed by the blockchain ahead efforts of Miami, the place Mayor Francis Suarez has touted city specific crypto tokens as a possible substitute for taxes and has opted to receive his next paycheck in bitcoin

The city’s web site includes a background informationally part about crypto that features Satoshi Nakamoto’s bitcoin white paper, Vatalik Buterin’s Ethereum white paper, a 21 minute introductory video from Andreessen Horowtiz and a hyperlink to the Web3 basis website. There isn’t a set timeline for the way lengthy the exploratory section of the gambit will final. Wheeler said “I’m making an attempt to get an excellent sense of the use circumstances, and why there could possibly be a price proposition right here, and that’s what the web site is all about. We’re prepared to speak.” in an interview with StateScoop.

The city of concord is just the most recent municipal Authorities to enter the crypto sphere. Monday’s launch comes on the heels of newly elected NYC Mayor Eric Adam’s announcement that he hopes crypto literacy will be taught in public schools. Following Suarez’s lead, Tampa Mayor Jane Castor plans to accept her next paycheck in bitcoin as effectively. In the meantime Jackson, TN introduced it might investigate the adoption of crypto payments again in April.