In May 2016, then Gov. Jack Markell started the Delaware Blockchain Initiative. His goal was to put Delaware in the forefront when it came to using the technology.
As part of the first phase of the initiative, Markell required the state government to use blockchain, a ledger of financial transactions. Read an explainer on blockchain here.
According to an article in the News Journal, Delaware is taking the next step to fulfill Markell’s vision for Delaware’s Blockchain Initiative. The Delaware General Assembly is considering amending Delaware corporate law so companies can use blockchain to track stock owners.
From the News Journal:
“We need to continue to be innovative and allow corporations incorporated in Delaware to utilize whatever technology is available to them to be more efficient,” said Kris Knight, Delaware Deputy Secretary of State. “Being smarter and faster and all those things helps Delaware.”
Read the full story
Before you go...
Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.
3 ways to support our work:- Contribute to the Journalism Fund. Charitable giving ensures our information remains free and accessible for residents to discover workforce programs and entrepreneurship pathways. This includes philanthropic grants and individual tax-deductible donations from readers like you.
- Use our Preferred Partners. Our directory of vetted providers offers high-quality recommendations for services our readers need, and each referral supports our journalism.
- Use our services. If you need entrepreneurs and tech leaders to buy your services, are seeking technologists to hire or want more professionals to know about your ecosystem, Technical.ly has the biggest and most engaged audience in the mid-Atlantic. We help companies tell their stories and answer big questions to meet and serve our community.
Join our growing Slack community
Join 5,000 tech professionals and entrepreneurs in our community Slack today!
