Categories: Market

The City of Philadelphia is launching its own blockchain initiative

Philadelphia’s director of innovation, Mark Wheeler, announced on Monday the initiative to make blockchain technology available to the city government. The project has invited people working in the blockchain and smart contract field to reach out to the project staff to learn how crypto technology can be useful in city administration. driver tweeted that it was inspired by Miami’s efforts to make a blockchain transition, with Mayor Francis Suarez touting city-specific crypto tokens as a potential alternative to taxes and choosing to get my next salary in Bitcoin.

https://twitter.com/Wheelmrk/status/1457744160400846853?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener

The city’s website has a section on crypto basics, including the Bitcoin whitepaper by Satoshi Nakamoto, the Ethereum whitepaper by Vatalik Buterin, a 21-minute introductory video by Andreessen Horowtiz, and a link to the foundation’s website. There is no set schedule for the duration of the Gambit Discovery phase. “I’m trying to understand the use cases very well and understand why there might be a value proposition here, and that’s the content of the site,” says Wheeler. We are ready to talk ”. in an interview with StateScoop.

The Brotherhood City is just the newest city government to enter the crypto space. The launch on Monday follows an announcement by newly elected NYC Mayor Eric Adam 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 well. Meanwhile, Jackson, TN, has announced that it will be investigating the adoption of crypto payments in April.

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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