New Bill in Colorado Encourages State to Adopt Blockchain for Data Security

New Bill in Colorado Encourages State to Adopt Blockchain for Data Security 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

New Bill in Colorado Encourages State to Adopt Blockchain for Data Security A new state bill introduced to the Colorado Senate is looking at using blockchain technology to secure private data from cyberattacks. Introduced on Jan. 16, Senate Bill 086 suggests that using a distributed ledger would eliminate the need for paper records and in-person updating of such data. The blockchain system would subsequently solve the state’s existing data collection and retention issues, and create a more secure record. If passed, the bill would direct Colorado’s chief information security officer…