Home Ethereum Miami is collaborating with Ethereum to put city services on the blockchain – The Block Crypto

Miami is collaborating with Ethereum to put city services on the blockchain – The Block Crypto

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Episode 21 of Season 3 of The Scoop was recorded remotely with The Block’s Frank Chaparro, Mayor Francis Suarez of Miami. Ethereum creator Vitalik Buterin and Cryptex co-founders Preston Van Loon and Joe Sticco.

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Miami Mayor Francis Suarez turned heads earlier this yr when he stated he needed the Florida metropolis to add bitcoin to its treasury

Now, Suarez is pushing a dedication for the town to discover crypto by turning his consideration to Ethereum. Based on a brand new episode of The Scoop, Ethereum creator Vitalik Buterin and Suarez introduced that they’ve launched into a brand new collaborative undertaking targeted on metropolis providers.

To make sure, it is early days for the initiative, however the two have met on two events now and talks in regards to the scope of the initiative proceed.

“We’re making an attempt to provide you with a undertaking that goes by means of the inspiration and straight with Ethereum that we are able to do with the town,” stated Suarez. “We would like the town straight concerned in a means that demonstrates the applicability of the software program in order that we are able to proceed to supply higher providers for our residents.”

There is a little bit of historical past underpinning the developments: it was in Miami that Buterin, in 2014, first unveiled Ethereum to the world throughout a presentation on the Bitcoin Miami convention. 

Based on Suarez, decentralized data programs have gotten a precedence for Miami, particularly with looming safety issues just like the upcoming hurricane season.

Throughout this week’s episode, Suarez and Buterin, together with Cryptex founders Preston Van Loon and Joe Sticco, additionally mentioned:

  • How the Ethereum ecosystem may help create jobs in Miami
  • The methods through which decentralized programs would profit the town, just like the switch of title information for actual property
  • Why now could be the time to begin constructing a undertaking like this regardless of Ethereum’s scalability points
  • How Florida is making an attempt to affix Wyoming in changing into the subsequent regulatory bastion for crypto.

© 2021 The Block Crypto, Inc. All Rights Reserved. This text is offered for informational functions solely. It isn’t provided or meant for use as authorized, tax, funding, monetary, or different recommendation.

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