Bill > HR165

This Resolution requests the Office of Enterprise Technology Services (ETS), a state agency responsible for technology, to develop a clear definition of blockchain technology, which is a decentralized and distributed digital ledger that tracks the origin of digital assets and can enhance security, efficiency, and trust. The resolution also asks ETS to identify potential uses for blockchain technology by individuals, private companies, and state government agencies, recognizing its ability to improve areas like data security, process streamlining, and fraud reduction, and to submit a report of its findings and any legislative proposals to the State Legislature by a specific date.