Washington, D.C. – Today, Humanity Forward is celebrating the passage of a bipartisan blockchain resolution in the US Conference of Mayors (USCM), the largest national organization representing mayors of America’s largest cities. Working with several cosponsors, Humanity Forward helped introduce and pass the resolution recognizing the potential of blockchain technology to create unique opportunities for communities across America to grow their economies and create jobs.
As blockchain expands and grows exponentially, the bipartisan group of mayors is calling for “direct and coherent guidelines for the testing, adoption, and use of technologies” that both protect consumers and fosters the growing innovation and vast potential of the emerging technology.
“There has never been a more opportune time to embrace technologies that enhance government services and stimulate local economies,” said Mayor Hillary Schieve of Reno, Nevada, the second Vice President of the USCM, and a cosponsor of the resolution. “This resolution seeks to lay the groundwork for measures that bring blockchain technology to our cities in a safe, accessible way.”
The resolution notes that Blockchain has the potential to “provide tools for cities to innovate, to streamline operations, functions, and to better deliver public services and increased access to opportunity for businesses and families.” However, it also notes that it is “increasingly clear that there needs to be direct and coherent guidelines for the testing, adoption, and use of technologies built on blockchains in a safe, transparent manner that protects consumers and businesses.”
“We are only beginning to see the potential for blockchain technologies,” said Mayor Steve Williams of Huntington, West Virginia. “Cities across the nation can experience benefits as far-ranging as expanded internet access and improved supply chains.”
Additional co-sponsors include Mayors Cavalier Johnson of Milwaukee, Wisconsin, Regina Romero of Tucson, Arizona, John Giles of Mesa, Arizona, and Sam Liccardo of San Jose, California, the nation’s tenth largest city.