After one veto and three years from its first appearance, the state Governor of Washington, Jay Inslee, has finally transformed a bill into law. The law was finalized on Wednesday, and the aim of this bill (turned law) is to develop and expand the usage of blockchain technology across the whole industry of the state.
With the assistance of this law, Governor Inslee has ordered the formation of the Washington Blockchain Work Group. This group will be officially responsible for the research and development of the potential use case of the blockchain industry in the respective industries. The Blockchain Work Group will consist of eight authoritarian figureheads of multiple trade associations and seven government officials of Washington State. The group has been tasked with the search for practical usage of blockchain technology and will put forward a detailed report on their findings to Governor Inslee by December 1, 2023.
The original source of the proposed bill was Republican Senator Sharon Brown, and he has announced that Washington State is exhibiting that it is ready for the practical application of blockchain technology for the benefit of the state’s workers, residents and employers. According to him, this new law will provide and create further opportunities for the state and vitalize the business prospect of the nation.
