Ryan Smith, Speaker, House of Representatives formed a group which includes lawmakers, business owners, and academics. The group is created to discuss the Buckeye State’s intent to attract blockchain developers and companies.
Till now none of the specific legislation related to blockchain is proposed. Smith stated that the technology could be widely usable in the public sector. The use cases also include the storage of birth certificates and marriage licenses to make those kinds of data more secure.
Smith said that by working with universities, students could improve their expertise on the blockchain. They will become experts even before graduating and starting their careers. He is looking forward to make Ohio a hub for companies working with the technology.
Smith continued stating:
“Because this is so new and this is just beginning to take shape, we can position Ohio out front.”
According to the reports, in December 2017, Trump had signed on an agreement worth $700 billion for Blockchain Cybersecurity research study. Rob, Resident of Ohio, is helping to use the Blockchain technology within the U.S. government. Ohio recently announced that it is legally recognizing blockchain technology.