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The city of Philadelphia rolls out its own blockchain initiative

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Metropolis of Philadelphia Chief Innovation Officer Mark Wheeler announced an initiative to deliver blockchain know-how to metropolis authorities on Monday. The challenge has invited folks working within the blockchain and sensible contracts house to contact employees engaged on the challenge to see how crypto know-how might 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 alternative for taxes and has opted to receive his next paycheck in bitcoin

Town’s web site contains 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 web site. There isn’t a set timeline for a 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 instances, and why there might 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.

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Town of cohesion is simply the newest 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 properly. In the meantime Jackson, TN introduced it might investigate the adoption of crypto payments again in April.