Brewing a Blockchain Future for Milwaukee

- Advertisement -
Right Start

For civic leaders, blockchain initiatives that bring together companies, academics and various government entities are a chance to get a brand-new industry off to the right start, at least, their definition of right.

New York City’s new blockchain initiatives include a competition aimed at developing blockchain applications that improve government services and processes.

The city’s Economic Development Corporation will also launch the NYC Blockchain Resource Center, which it says will serve as a “physical hub” for the industry.

The initiatives are designed to be the nucleus for blockchain collaboration, finance and innovation, Ryan Birchmeier, senior associate for public affairs, tells ThirtyK.

“This is where we can convene a real conversation around the regulatory environment,” he says. “What does it mean to encourage innovation and still keep consumer protections top of mind? You can’t have robust conversations if the conversation is led with a party with a stake in the game.”

Birchmeier says that if the conversation is led by only regulators or only companies, it will be skewed toward them. “We’re not a regulatory body, so we’re in a great position to bring together the public, consumer advocates, lawmakers and companies,” he says.

- Advertisement -

One top goal is to ensure that blockchain startups, training jobs and innovation “look like New York,” adds Birchmeier. The tech industry overall has been the focus of a massive effort to correct its lack of diversity.

Engineering a Reset

Last fall, students at Marquette University detected an opportunity to create a center of gravity for blockchain education, startups and recruiting, Owen Raisch, associate director of the student-run business program at Marquette, tells ThirtyK. His goal is to simultaneously put Milwaukee on the blockchain map and to put Marquette on the map of student-run business organizations, which are springing up at universities around the country.

Previous Articles:

- Advertisement -

Latest

Bitcoin Drops 10% From Highs Amid Quantum Computing Warnings

Bitcoin dropped nearly 10% from its record high, falling close to $103,000 after reaching $112,000 last week. BlackRock warned that advances in quantum computing could...

Czech Justice Minister Resigns Over $45M Bitcoin Donation Scandal

Czech Justice Minister Pavel Blazek resigned after controversy over accepting and selling Bitcoin from a convicted criminal.The Justice Ministry auctioned nearly 500 Bitcoin, raising...

Uniswap (UNI) Rebounds Above $6 After Brief Uptrend Breakdown

Uniswap's UNI token dropped below its key uptrend line following a failed hold above the $6.00 support level.High trading volumes accompanied the decline, including...

Michael Saylor Invites Joe Rogan to Discuss Bitcoin on Podcast

Michael Saylor has shown interest in discussing Bitcoin on The Joe Rogan Experience podcast.The idea has generated excitement in the Bitcoin community, with some...

Congress Debates Stablecoin Bill Amid Rising Bank and Crypto Tensions

U.S. lawmakers are moving forward with the Senate Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, with debates set to resume after...

Must Read

What Is a Sim Swap Hack?

You've likely heard the term 'sim-swap,' but do you really know what it means? It's a type of fraud that's rapidly increasing, where scammers...