Government Technology: North Carolina’s lieutenant governor created a task force to research applications for blockchain technology in the state. Lt. Gov. Dan Forest announced the North Carolina Blockchain Initiative, comprised of experts from academia and the private sector in a press release earlier this month.
The non-partisan group will develop recommendations for blockchain uses that benefit economic growth, cost efficiencies and position the state as a leader in the deployment of the technology. The initiative builds upon the Money Transmitters Act of 2016, which defined virtual currency and set in place exemptions for virtual currency miners and blockchain software providers.
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