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California Governor's New Task Force Brings Blockchain to the Statehouse

Key Takeaways

  • ​California launched a new panel with Ripple, Coinbase, and MoonPay execs to help improve state services;
  • The group met on June 6 to explore ways blockchain might streamline public systems and boost transparency;
  • While blockchain’s role is not confirmed, the state may test it for tasks like record-keeping and benefit payments.

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California Governor's New Task Force Brings Blockchain to the Statehouse

Governor Gavin Newsom has introduced a new panel aimed at improving the way California’s government operates, with the help of leaders in the blockchain industry.

According to Eleanor Terrett's X post on July 15, this group, known as the California Breakthrough Project, includes executives from Coinbase $3.94B , Ripple, and MoonPay.

The state appears interested in learning how tools like blockchain could make public services faster and more open.

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The group held its first meeting on June 6 at Ripple’s headquarters in San Francisco. Its goal is to bring state officials and business leaders together to find better ways of working, fix common problems, and improve how people interact with government services.

Those chosen to join the panel bring a range of knowledge. Ripple can share its experience with payment systems, Coinbase brings expertise in running large digital platforms under regulation, and MoonPay offers ideas from its work on consumer products.

Newsom confirmed the project and stated:

As the birthplace of modern tech, our state is uniquely positioned to bring the best and the brightest together to advance our work.

The governor has not said exactly what role blockchain will play in the project’s work. However, the choice of advisors suggests the state could test how blockchain can help in areas like keeping records accurate, speeding up license checks, or simplifying how benefits are paid.

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Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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