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State coin

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State coin

October 12th, 2017
"Democracy is the art and science of running the circus from the monkey cage." – H. L. Mencken
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THE FEATURE

US State Department Seeks Blockchain Boost Amid $10 Billion Reboot


A stark contrast?

While it might not be that clear, it seems China and Russia aren't the only countries where interest in blockchain among government entities is showing signs of development.

Despite a lack of formal regulation, definitive (or draconian) rulings or even presidential acknowledgment, U.S. government entities continue to prove willing to get smart about how blockchain could improve operations and efficiencies. 

As reported by CoinDesk's Aaron Stanley, this is now true at the U.S. State Department, where the agency that overseas foreign affairs is considering the technology. The difference here? The possible budget. A proposed budget plan at the agency seeks to save billions, and in that effort, blockchain could emerge as a tool for cost savings.

How likely is this? Given the nascent state of available solutions, it may yet prove too early. Still, it's evidence that the bootstrap mentality of U.S. lobbyists and enthusiasts hasn't been in vain.

As in the distributed world of blockchain, change in the U.S. may be slower, but it might also be steadier.
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