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Tuesday, March 27, 2018

State looks to attract Bitcoin tech companies

HARTFORD — As Connecticut hustles to attract new businesses, some legislators are turning toward a technology powering the popular cryptocurrency Bitcoin. Blockchain is a public ledger system that records transactions of digital currencies. The technology has other uses for online data verification in industries like health care, supply chains and energy. The Commerce Committee approved a bill Tuesday directing state officials to create a working group to study how to bring blockchain companies to Connecticut. Chair of the Committee state Sen. Scott Frantz, R-Greenwich, said he would like to see Connecticut become “a mecca for blockchain technology.” “We are trying to fast-track this,” he said.

from News https://www.ctpost.com/local/article/State-looks-to-attract-Bitcoin-tech-companies-12786024.php

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