Cardano Moving To Wyoming As New Governor Praises Blockchain – Crypto News AU

Cardano Moving To Wyoming As New Governor Praises Blockchain

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Mark Gordon, incoming 33rd Governor of Wyoming gave a shout out to the local Blockchain industry during his inauguration speech. He highlighted the approach of startups like BeefChain and SheepChain as an example of how Wyoming leads the nation while already attracting other businesses to the state such as IOHKs Cardano.

We Can Do More… In Wyoming

Governor Gordons speech covered the regulation thank-yous, big-ups, challenges ahead, and positivity. But of particular note was a section praising Wyoming industries for becoming leaders and doing more:

In just this last year, Wyoming has become the envy of the nation for its innovative approach to Blockchain with new startups like BeefChain and SheepChain. We can do more.

BeefChain launched a blockchain-based initiative for tracking and verifying the provenance of product in the meat industry. This enables a provable supply-chain link from a cut of meat, right back to the animal it came from and how that animal was treated.

The western state is also starting to attract other businesses with its friendly legislation. One such company is IOHK, the company behind Cardano (ADA) $0.04881 +0.87%. Its founder, Charles Hoskinson, confirmed the move when asked if he would consider moving his businesses to Malta, another blockchain-friendly destination.

Well actually [IOHK is] leaving Hong Kong. Were moving to Wyoming next to Colorado in the United States. I live in Colorado. So were now a US company.

Meat… Chicken… Fish

The livestock industry has been one of the more forward-thinking, having already implementing several blockchain supply-chain solutions. Aside from Wyomings blockchain for Beef (and one assumes also one for Sheep), there are international source-traceable solutions, which also cover chicken and fish.

French supermarket giant, Carrefour, uses the commercial version of IBM blockchain to track its products. QR codes on, for example, chicken packaging, provide details of where the chick hatched, lived, what it ate, and its age at slaughter.

And a Fijian supply chain company, uses the Viant platform on the public Ethereum blockchain, to ensure traceability for fish from capture to sale.

The Equality State

Wyoming has positioned itself as unashamedly pro-cryptocurrency over the past year, adding a raft of bills to support blockchain and crypto-startups. Just a week ago, the state almost unanimously passed a bill allowing institutions to offer financial services using bitcoin and other blockchain-based assets.

This was despite heavy opposition from the banking industry.

IT BEGINS! The first of 6 #Wyoming

Tags: Blockchain, Wyoming, Governor, Mark Gordon, Governor of Colorado, United States, IBM, Charles Hoskinson, Arthur Hamilton-Gordon, 1st Baron Stanmore


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