Blockchain, the revolutionary cryptographic technology that underlies bitcoin and other digital currencies, has a new advocate in Washington, D.C. The Global Blockchain Business Council, launched last month at Davos, announced Wednesday that it is opening a D.C. office and appointing a board of directors. The council brings together the world’s leading blockchain businesses and business executives to “work on educating businesses to help them understand the potential of blockchain and to advocate on behalf of the technology with regulators all across the globe,” said Jamie Smith of the Bitfury Group, one of the companies that helped found the council. Smith said the council would be announcing the location of the Washington office “very soon.” She said the council hoped to “create key moments throughout the year,” through a series of events where that education could happen. Blockchain, also called distributed ledger technology, uses a network of participating computers and distributed cryptographic software to create an […]
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