Gubernatorial Candidate Jared Polis Wants To Establish Colorado As National Hub For Blockchain

Blockchain, News | August 10, 2018 By:

US Representative Jared Polis wants the state of Colorado to become the nation’s leader in blockchain technology.

Polis, the Democratic candidate for governor of Colorado, has added a blockchain policy to the list of issues of his gubernatorial campaign this year. In his campaign, Polis said that from supply chains to cybersecurity to banking, blockchain solutions have the potential to reshape the local economy, jobs, cybersecurity, and government transparency.

“As governor, I will ensure that Colorado explores the potential use of blockchain technology and works alongside the business community, policy experts, local communities, and Coloradans to build a robust economy for the future.”

Polis listed five blockchain initiatives that he would implement if he becomes the governor of the state. These include developing cybersecurity infrastructure to ensure the integrity of elections, and building a statewide ‘safe harbor’ to exempt cryptocurrencies from state money transmission laws. He also advocates for blockchain-based solutions to improve the state’s energy grid, conducting a survey on further blockchain applications, and exploring public ledgers with Colorado contracts and expenditure to be more transparent for residents.

“My goal is to establish Colorado as a national hub for blockchain innovation in business and government,” Polis said. “I believe strong leadership will put Colorado at the forefront of innovation in this sector – encouraging companies to flock to the state and establishing government applications that save taxpayers money and create value for Colorado residents.”

As a congressman, Polis has been a big supporter of bitcoin and blockchain. He was the founder of the Congressional Blockchain Caucus and hosted a Bitcoin Demo Day in the US. In May 2014, Polis became the first US representative to accept campaign donations in bitcoin. In February of this year, Polis sent a letter to the House Committee on Ethics asking the organization to formally require members of Congress to disclose their cryptocurrency holdings.