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New Jersey Officially Establishes A Blockchain Task Force

New Jersey Governor Phil Murphy has officially signed bill S2297 which allows for the creation of the Blockchain Initiative Task Force. The group will be commissioned to study use-cases for blockchain.


Blockchain research and implementation are coming to New Jersey after the state’s governor officially signed the creation of a new taskforce into law.


The Blockchain Initiative Task Force will be responsible for assessing the usability of blockchain on the state and local level. Specifically, the bill outlines a few key areas where blockchain will be most useful including medical records, banking, property auctions, and land ownership. The bill was first drafted in March of 2019 and passed the assembly unanimously.


The taskforce will ultimately consist of 14 people. As of now, the group will have 180 days to study the existing research done on blockchain technology by the state’s committee on science, tech, and innovation. Read More at BeInCrypto...

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