In the state of Ohio, legislators stated that they are interested in blockchain technology, but that they are still studying the alternatives.
This Thursday, Ryan Smith, leader of the Ohio House of Representatives, organized a meeting between a group of legislators, business owners and academics from various branches to discuss the state’s interest in blockchain companies and developers. Although no law related to blockchain was proposed, Smith said they saw this technology as widely useful to the public, in matters like, birth certificate storage, marriage licenses and a myriad of areas where information needs to be more secure.
Smith said that by working closely with universities, students would have valuable experience with this technology before graduating and starting their careers.
“Since this is so new and is just the beginning, we can position Ohio at the forefront,”
said Smith, asserting that the intention behind this initiative was to turn the ‘Buckeye State’ into a niche to attract start-ups of this technology.
The state of Ohio would have already passed a law that sought to treat information stored in blockchain networks and smart contracts as electronic records in an effort to make the state a secure bridge for blockchain technology. That measure was subsequently approved by Governor John Kasich, with Ohio now one of the first states to recognize the legal status of information stored in blockchain technology.
by Samuel Paz