In the realm of technology innovation, rarely does a company say that local government and regulators made it possible for them to innovate in the way they wanted. In fact, in most instances, regulations that favor existing systems and ways of operating are seen as a hindrance to the type of significant or rapid change…
Read More "Creating a Regulatory Sandbox for FinTech and Blockchain Pilots"
Vermont Secretary of State Jim Condos and Department of Financial Regulation Commissioner Michael Pieciak are working together to explore the possible uses of blockchain technology in the captive insurance industry’s recordkeeping practices. On January 10, 2019, the State issued a Request for Information from vendors that are interested in helping Vermont launch a pilot program…
Read More "State of Vermont Launches Blockchain Pilot for Captive Insurance Industry"
by Catherine Burke Vermont is taking further steps to cement itself as a leading location for blockchain companies after passing legislation that has attracted blockchain companies to the state. This week, two new groups launched to support the distributed ledger technology industry and identify new opportunities for its growth. The first, an interagency working group…
Read More "Launch of New Blockchain Technology Trade Association and Vermont State Working Group"
Blockchain Symposium March 27, 2019, for members of the blockchain industry and those interested in blockchain business opportunities
Read More "Announcing Vermont Blockchain Symposium, Plus Call For Speakers"
by Oliver Goodenough In 2016, developers of Ethereum, one of the most well-known blockchain technologies, made history by crowdfunding $150 million — the largest crowdfunded figure ever, and completely in Ether — for the Decentralized Autonomous Organization (DAO). They were then promptly hacked. A predator exploited a software flaw in the DAO, successfully misdirecting at…
