Page 24 - July 2018 Disruption Report
P. 24
B L O C K C H A I N J A NJ U U L A Y R Y 2 0 2 1 0 8 1 8
technology in financial applications could naturally expand into other applications enabled by the technology. In their paper, the OIG outlines three other areas of potential interest to the Postal Service: identity services, device management, and supply chain management. For more information, visit their website.
Department of State
On October 10, the State Department welcomed over 250 participants at the Blockchain@ State forum —a one-day, discovery workshop for the State Department, interagency partners, and private sector stakeholders to explore how blockchain technology could strengthen our capacity and improve our efficiency in meeting the United States’ diplomacy and development goals. Participants represented over 150 different entities across the public-private spectrum. Following Deputy Secretary of State John Sullivan’s opening remarks underscoring the importance of innovation in diplomacy and development, participants engaged in dialogue with private sector partners currently using blockchain technology in the field with a focus on current use cases. Speakers also examined potential approaches to embarking on a pilot project in partnership with other sectors. Following the successful launch of its exploratory efforts, the State Department is currently considering possible next steps in this space. The two-recorded sessions from the forum can be found here; YouTube versions will be available soon.
State of Delaware
The State of Delaware announced an initiative to embrace the emerging blockchain and smart contract technology industry, which can help the public and enterprises lower their transactional costs, speed up and automate manual processes, and reduce fraud. It was unveiled the plan during a keynote address at Consensus 2016, a technology conference in New York focused on blockchain innovation. The Delaware Blockchain Initiative is a comprehensive program to provide an enabling regulatory and legal environment for the development of blockchain technology and to welcome blockchain companies to locate in the state. For more information view the press release. [More recently, the Secretary of State announced plans to rollout a proof-of-concept for a blockchain-based business filing system, which will allow companies incorporated in Delaware to use smart contract technology to track stocks and collateral assets in real time.]
© 2018 by Canfield Press, LLC. All rights reserved. www.canfieldpress.com
24