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"Democracy is the art and science of running the circus from the monkey cage." – H. L. Mencken | | NEW ALL-TIME HIGH 🏆 BTC: $5,219.38 +8.04% 🏆 ETH: $307.38 +1.24% @8:30 EST - More price details | | | 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. | | ⭐️ COINDESK SPONSOR ⭐️ ICOs are going to be regulated! Register to attend the first regulated ICO conference before we sell out. Hear former SEC attorneys, blockchain leaders & ICO pitches at the StartEngine ICO 2.0 Summit. If you are interested in pitching your upcoming ICO, 10 spots are left, apply now. | | | | | |
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