IBM/MIT Connection Science Issue Report on the Role of Blockchain in Government

IBM/MIT Connection Science Issue Report on the Role of Blockchain in Government
On September 24, 2018, MIT Connection Science and IBM issued a 41-page joint report on the results of three roundtable discussions on the role of Blockchain in government. Authored by MIT’s technical director at the MIT Internet Trust Consortium, which is part of MIT Connection Science, Thomas Hardjono, the findings illuminated discussions held by private and public sector leaders on the blockchain’s impact for government on digital identity, payments and supply chain/provenance.The report was released in consultation with the Congressional Blockchain Caucus.The report highlighted three repetitive themes that occurred throughout the roundtables, namely, the need for leadership and vision from the U.S. government, the need for collaboration between the industry and the government, and increased support for research and testbed deployments of blockchain technology.Leadership and Vision From the GovernmentThe report cites “a need for greater vision and leadership across government regarding the development for a digital-blockchain economy.” IBM’s SVP of Blockchain, Jerry Cuomo, echoed this sentiment, stating, “Blockchain is ready for government now, it’s time for government to get ready for blockchain.” The report suggests that Arizona’s creation of a “sandbox” for companies to develop and innovate blockchain technology is an applicable model for the federal government to use. It should be noted that the r... For Further Information Click on Below Button
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