May 28, 2024

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Latest technological developments

Washington State Signs Bill to Study Blockchain Technology


On Wednesday, Washington state Governor Jay Inslee signed a bill declaring that the Pacific Northwestern condition will study the positive aspects of blockchain technology in essential industries.

In distinct, the Senate Bill 5544 will see many stakeholders across the blockchain sector examining use conditions throughout the banking and finance sectors. Other spots of fascination consist of actual estate, healthcare, bigger education and learning, computing, and governmental history-retaining.

In February, the bill was authorized by the Senate Setting, Strength and Know-how Committee, passed by the Rules Committee and greenlit by the condition Senate floor. The monthly bill was sponsored by 10 senators: Sen. Sharon Brown, Sen. Perry Dozier, Sen. David Frockt, Sen. Robert Hasegawa, and Sen. Mark Mullet.


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