Home Guide California approves blockchain-based digital pockets for presidency companies

California approves blockchain-based digital pockets for presidency companies

California approves blockchain-based digital pockets for presidency companies

The Santa Cruz County Board of Supervisors voted unanimously at its April 25 assembly to proceed utilizing digital wallets for presidency companies and official paperwork.

In keeping with the ultimate consensus of the assembly, the HUMBL-backed white-label digital pockets will probably be piloted in three phases beginning in July 2023.

The pilot venture will probably be examined by cell customers searching for authorities companies corresponding to bicycle registration and RV parking registration. Different potential pilots would come with registering park services, monitoring volunteer hours, and distributing constructing permits and pet permits.

Digital wallets are based mostly on blockchain know-how, which may make sure the safety and privateness safety of consumer data. Using blockchain additionally gives a decentralized information storage system, making it simpler for presidency companies to entry wanted data with out compromising consumer privateness.

The pilot program is anticipated to be an vital step in California’s efforts to modernize authorities companies and make them extra accessible to the general public. It’ll additionally present a blueprint for different states and international locations seeking to implement blockchain-based techniques for presidency companies.

Brian Foote, CEO of HUMBL, mentioned, “The digital pockets will allow residents to transact with authorities extra effectively and securely. It’ll additionally assist scale back fraud and supply a extra clear course of for presidency companies. »

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