AUSTIN, Texas, July 1, 2021 /PRNewswire/ — The Texas Blockchain Council, a commerce affiliation representing the blockchain trade in Texas, introduced as we speak that it’s going to host the inaugural Texas Blockchain Summit in Austin on October 8th, 2021. The one-day occasion addresses how blockchain expertise and cryptocurrencies like Bitcoin contribute to the financial dynamism of the State of Texas and the US.
Outstanding subject-matter specialists on the matters of blockchain and cryptocurrencies headline the occasion, together with Wyoming Senator Cynthia Lummis, Texas Banking Commissioner Charles Cooper, Chamber of Digital Commerce Founder Perianne Boring, Enterprise Capitalist Nic Carter, Professor of Finance Nik Bhatia, and the Human Rights Basis’s Chief Technique Officer Alex Gladstein. The convention will give attention to digital asset coverage, digital id, Bitcoin mining in Texas, and cryptocurrency’s implications for US sovereignty and nationwide safety.
The Summit’s joint give attention to coverage and protocol-enabled self-sovereignty make it the primary of its variety.
Natalie Smolenski, Chairman of the Board of the Texas Blockchain Council, defined the significance of the occasion: “We’re in a singular second within the historical past of human societies. For the primary time, we now have a type of sound cash that isn’t issued by any nation-state. This has profound implications for political financial system that the good minds attending the Texas Blockchain Summit intend to discover.”
Lee Bratcher, Founder and President of the Texas Blockchain Council, described how the Summit arose in opposition to a background of rising help for the blockchain trade in Texas: “This convention is the end result of years of coverage work in Texas that began in early 2019 when Consultant Parker filed the primary Blockchain Work Group invoice. On the Texas Blockchain Council, we consider that Texas can lead the world in establishing a local weather of innovation round blockchain expertise.”
Texas is quick changing into a pacesetter in blockchain innovation. In the course of the 87th State Legislative Session, which ended on Could thirty first, 2021, the Texas Home and Senate handed payments to create a Blockchain Work Group (HB 1576) and to make clear the remedy of digital currencies beneath Texas regulation (HB 4474). The payments have been carried by the legislative course of by a broad, bipartisan coalition of State Legislators and championed particularly by Consultant Tan Parker and Senator Angela Paxton. Governor Greg Abbott has publicly assured the blockchain industry in Texas of his support. Moreover, on June 10th, 2021, the Texas Division of Banking affirmed that banks chartered in Texas may custody virtual currencies.
Register for the Texas Blockchain Summit here.
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SOURCE Texas Blockchain Council