Reno, Nevada Is Starting a New Blockchain Venture

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Reno, Nevada – typically dubbed the “greatest little metropolis on this planet” – has some large cryptocurrency ambitions. It’s now trying to set up a city-based blockchain system to assist residents ease their manner additional into the world of web3.

Reno, Nevada Is Desirous to Enter the Blockchain House

Mayor Hillary Schieve serves on a committee often known as the Convention of Mayors, which additionally options Francis Suarez of Miami. Suarez has lengthy been a proponent of bitcoin, even going as far as to just accept his paychecks in BTC, and it seems Schieve is a blockchain and crypto fan herself after asserting her metropolis’s newest undertaking.

Not way back, Schieve unveiled her first blockchain staple which concerned making a non-fungible token (NFT) based mostly on the 2016 Burning Man occasion. Often called the House Whale, Schieve talked concerning the token in a current interview, commenting:

We ended up shopping for it… and we needed to do an NFT. It’s the primary time that as a citizen you might personal a bit of public artwork. It is a manner all of us can have possession, and that cash would return to public arts applications.

One of many large issues the brand new blockchain undertaking is slated to do for town of Reno is to enhance its submitting processes and hold all its data organized. Proper now – in response to Schieve – Reno is following outdated and conventional strategies of protecting recordsdata collectively. The town has many packing containers of outdated papers and data tucked away in closets and different areas, and the mayor wish to see these processes finish and turn into extra fashionable.

She believes the blockchain and the ability of web3 will assist Reno get its act collectively and file all its recordsdata digitally the place they can’t be tampered with and the place they’re accessible to everybody. She stated:

A lot of our historic registry recordsdata are in banker packing containers or file cupboards – tucked away, not simply accessible. So, we had been methods to make these digitally accessible, and blockchain simply occurred to be a type of… There are such a lot of programs and departments that every one [must] work collectively with regards to municipal authorities – approving totally different permits and certificates of appropriateness. So, having one place the place everyone seems to be engaged on the identical factor and might see the precise progress of the undertaking is so priceless.

Not Everybody’s Blissful

Reno has encountered some points with this plan because of the quantity of resistance individuals appear to have in the direction of blockchain and crypto. Many nonetheless see the digital foreign money area as wrought with crime and fraud, they usually don’t need non-public or public data subjected to these searching for to commit illicit acts. Schieve says:

Lots of people are like, ‘What are you speaking about, cryptocurrencies? Is that darkish cash?’ I don’t suppose individuals have been that receptive.

Tags: Francis Suarez, Hillary Schieve, Reno

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