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New Hawaii Bill Calls For Creation of State-led blockchain Working Group

By Natalie Wu | February 2, 2021
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A new partisan bill released by Democrats in Hawaii’s House of Representatives is reportedly looking to establish a detailed plan for researching and supporting blockchain utilization. 

Specifically, Hawaii House Bill 622 reportedly urges the Hawaii Technology Development Corporation to come up with a blockchain working group, primarily works to roll out suggestions for the definition of blockchain, as well as providing recommendations for the tech’s adoption. 

“The legislature recognizes that the distributed ledger format that blockchain technology functions as can be leveraged to support an array of government and public-sector applications, including land registration, identity management, supply chain traceability, health care, corporate registration, taxation, voting, digital currency and payments, and legal entities management. Such a technology requires an educated and thorough approach so that the implementation of blockchain technology in the State does not impede innovation and growth.”

The bill reportedly came with a specific plan for the appropriate way to form the working group. 

Particularly, the chairperson of the board of directors at the Hawaii Technology Development Corporation would take up the leading position for the freshly established task force – which will hunt for human resources from numerous state agencies to offer their perspective. 

Apart from that, professionals from a wide array of institutions across the information and communication tech industries – tech manufacturers, software and service providers, businesses of all tiers, blockchain specialists, academic researchers, rural and urban stakeholders, nonprofit organizations, and consumer advocacy groups, together with many others – will also be invited. 

If approved, the working group would reportedly issue a report and recommendations to the state legislature — covering how it would define blockchain, proposed opportunities for adoption by state and private players, along with additional suggested legislations. 

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