Illinois Legislator Calls for Blockchain Working Group

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A draft resolution submitted to the Illinois legislature has proposed the creation of a working group dedicated to blockchain technology.

House Resolution 120, filed on Wednesday by state representative Michael Zalewski, would establish a 12-person group focused on researching the tech. Public records show that the resolution has been referred to the House Rules Committee for consideration.

At its heart, the draft calls for Illinois to investigate how state and local-level governments can utilize blockchain – work that is already being done, in a way, by a consortium of government agencies in the state. State officials have also developed a regulatory framework for businesses looking to work with digital currencies like bitcoin.

The resolution states:

“…the Illinois Legislative Blockchain and Distributed Ledger Task Force [will] study how and if State, county, and municipal governments can benefit from a transition to a blockchain based system for recordkeeping and service delivery…”

The text suggests a degree of synergy between that effort and the work that would be done should the legislative group be approved. Some of its members would be drawn from agencies like the Illinois Department of Financial and Professional Regulation and the the Cook County

Read more ... source: CoinDesk




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