Washington State Signs Bill to Study Blockchain Technology

On Wednesday, Washington state Governor Jay Inslee signed a bill declaring that the Pacific Northwestern state will study the rewards of blockchain know-how in essential industries.

In specific, the Senate Monthly bill 5544 will see various stakeholders across the blockchain sector inspecting use circumstances throughout the banking and finance sectors. Other locations of curiosity contain genuine estate, healthcare, bigger training, computing, and governmental report-trying to keep.

In February, the bill was accepted by the Senate Atmosphere, Vitality and Technology Committee, handed by the Procedures Committee and greenlit by the state Senate floor. The invoice was sponsored by 10 senators: Sen. Sharon Brown, Sen. Perry Dozier, Sen. David Frockt, Sen. Robert Hasegawa, and Sen. Mark Mullet.