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.

Recent Posts

Solana memecoins crash while DTX Exchange hits 100,000 TPS on layer-1 blockchain

Discover how DTX Exchange's historic achievement of 100,000 transactions per second on a layer-1 blockchain…

2 minutes ago

Strategic Bitcoin Reserve Expected to Cut 35% of US National Debt by 2049

VanEck suggests the U.S. could reduce its national debt by 35% by 2050 through a…

9 minutes ago

The New Lead of Presidential Crypto Council Appointed by Trump Is Bo Hines

President-elect Donald Trump named Bo Hines as the executive director of the presidential crypto council.

33 minutes ago

Best New Meme Coins with 1000X Potential: BTFD Coin’s Hot BIG50 Discount As Baby Doge Coin, Dogs Takes Gaming to the Next Level

Explore the best new meme coins with 1000X potential. Learn how BTFD Coin leads with…

2 hours ago

BlockDAG Surges Past $170M as BDAG250 Bonus End Countdown Begins – Aave Targets $400 & Solana Shines with Scalability

BlockDAG crosses $170.5M in presale success with BDAG250 bonus and Whitepaper V3 launch! Solana grows…

3 hours ago

Qubetics Presale Price Surge Approaches: The Best Coins to Invest in Right Now While Toncoin, and XRP Gain Traction

Discover why Qubetics, Toncoin, and XRP are the best coins to invest in right now.…

4 hours ago

This website uses cookies.