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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 engineering in essential industries.

In individual, the Senate Monthly bill 5544 will see numerous stakeholders across the blockchain sector inspecting use scenarios across the banking and finance sectors. Other parts of fascination consist of actual estate, health care, increased education and learning, computing, and governmental report-maintaining.

In February, the monthly bill was approved by the Senate Setting, Power and Technological know-how Committee, handed by the Policies Committee and greenlit by the point out Senate floor. The invoice was sponsored by ten senators: Sen. Sharon Brown, Sen. Perry Dozier, Sen. David Frockt, Sen. Robert Hasegawa, and Sen. Mark Mullet.