Connect with us
Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

News

Humanity Forward Applauds Blockchain Resolution Introduced at US Conference of Mayors

gbafNews28

WASHINGTON , May 31, 2022 /PRNewswire/ — Today, Humanity Forward applauds the introduction of a bipartisan resolution in the US Conference of Mayors recognizing the potential of  blockchain technology to create unique opportunities for communities across America to grow their economies and create jobs. The US Conference of Mayors (USCM) is the largest national organization representing mayors of America's largest cities.

A bipartisan group of mayors call for “direct and coherent guidelines for the testing, adoption” of blockchain tech.

As blockchain expands and grows exponentially, a bipartisan group of mayors is calling for “direct and coherent guidelines for the testing, adoption, and use of technologies” that both protects consumers and fosters the growing innovation and vast potential of the emerging technology.

“It's critical that families and communities across the country begin to understand blockchain's  actual potential and tangible impacts, ” said Paolo Mastrangelo, Humanity Forward's Head of Policy & Government Affairs. “We applaud this bipartisan group of leaders for their efforts to help Americans to better understand the potentially enormous socio-economic benefits that these emerging technologies can provide.”

“There has never been a more opportune time to embrace technologies that enhance government services and stimulate local economies,” said Mayor Hillary Schieve of Reno, Nevada, the second Vice President of the USCM, and a cosponsor of the resolution. “This resolution seeks to lay the groundwork for measures that bring blockchain technology to our cities in a safe, accessible way.”

“We are only beginning to see the potential for blockchain technologies,” said Mayor Steve Williams of Huntington, West Virginia. “Cities across the nation can experience benefits as far ranging as expanded internet access and improved supply chains.”

The resolution notes that Blockchain has the potential to “provide tools for cities to innovate, to streamline operations, functions, and to better deliver public services and increased access to opportunity for businesses and families.” However it also notes that it is “increasingly clear that there needs to be direct and coherent guidelines for the testing, adoption, and use of technologies built on blockchains in a safe, transparent manner that protects consumers and businesses.”

Additional co-sponsors include Mayors Cavalier Johnson of Milwaukee, Wisconsin, Regina Romero of Tucson, Arizona, John Giles of Mesa, Arizona, and Sam Liccardo of San Jose, California, the nation's tenth largest city.

The US Conference of Mayors Annual meeting will take place in Reno from June 3-6.

Humanity Forward is a 501(c)(4) nonprofit organization dedicated to building bipartisan coalitions to advance the economic interests of the American people through federal policy. Uniquely positioned as America's fastest growing, altruistic advocacy organization, our mission is to advance evidence-based policies designed to strengthen families, generate economic growth, and end poverty.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/humanity-forward-applauds-blockchain-resolution-introduced-at-us-conference-of-mayors-301558057.html

SOURCE Humanity Forward

Advertisement
Editorial & Advertiser disclosure

Call for Entries

Global Banking and Finance Review Awards Nominations 2022
2022 Awards now open. Click Here to Nominate

Newsletters with Secrets & Analysis. Subscribe Now

Recommended

Global Banking & Finance Review® is a leading financial portal and Print Magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management. Copyright © 2010-2021 GBAF Publications Ltd - All Rights Reserved.