The city of Philadelphia rolls out its own blockchain initiative


Mark Wheeler, Director of Innovation for the City of Philadelphia Announced an initiative to bring blockchain technology to the city government on Monday. The project has invited people working in the blockchain and smart contracts space to get in touch with staff working on the project to see how encryption technology could be useful within the municipal government. Wheeler tweeted which was inspired by Miami's blockchain advancement efforts, where Mayor Francis Suarez has city-specific promoted crypto tokens as a possible replacement for taxes and has opted to receive your next paycheck in bitcoin.

The city's website features a section of background information on crypto that includes Satoshi Nakamoto's bitcoin white paper, Vatalik Buterin's Ethereum white paper, a 21-minute introductory video by Andreessen Horowtiz, and a link to the site of the Web3 foundation. There is no set timeline for how long the exploratory phase of the tactic will last. Wheeler said โ€œI'm trying to get a really good idea of โ€‹โ€‹the use cases and why there might be a value proposition here, and that's what the website is all about. We're ready to talk. "In an interview with StateScoop.

The city of brotherly love is only the latest municipal government to enter the crypto sphere. Monday's launch comes on the heels of newly elected New York City Mayor Eric Adam's announcement that expect crypto literacy to be taught in public schools. Following Suarez's lead, Tampa Mayor Jane Castor plans accept your next bitcoin paycheck as well as. Meanwhile, Jackson, TN announced that investigate the adoption of crypto payments in April.