Welcome!

News Feed Item

Wyoming Blockchain Coalition Announces Support for Blockchain in Wyoming

Wyoming Blockchain Coalition, LLC announces its formation as an interest group advocating the adoption of blockchain technology in Wyoming, as well as the list of initial members of its advisory board.

“The mission of the Wyoming Blockchain Coalition is to educate Wyoming citizens about the power of blockchain technology to cut costs, streamline administrative processes and spur entirely new businesses in Wyoming,” said David A. Pope, CPA CGMA executive director of the Wyoming Blockchain Coalition. “We are also advocates for a legal and regulatory environment that welcomes blockchain technology companies to do business in Wyoming, ranging from deploying the technology within the State to enabling service providers -- such as exchanges and money transmitters -- to serve Wyoming customers.”

“Wyoming has nearly a perfect combination of attributes to attract blockchain start-ups -- favorable LLC and corporate laws, privacy protections, zero corporate income or franchise taxes, strong academic support from UW and tremendous bandwidth available to companies locating in the Cheyenne area. Wyoming passed the nation’s first LLC law 30 years ago, and it can again lead the way by offering blockchain LLCs,” said Caitlin Long, advisory board member, Laramie native and chairman and president of Symbiont, a leading blockchain technology platform. “When I tried to donate bitcoin to fund a new endowment at UW, I ran into a brick wall because Wyoming’s banking laws prevent bitcoin exchanges from doing business in Wyoming. I’d like to help fix that.”

Blockchain is a new form of database technology that enables multiple parties to share a single “golden copy” of data and trust that it is valid, owing to a breakthrough of computer science that enables the computers of multiple users or organizations to reach consensus about the state of their shared data without the need to reconcile their own copies. It is gaining adoption by users big and small to save costs, streamline administration and improve transparency and auditability.

Potential applications in Wyoming utilizing blockchain may include:

  • Allowing Wyoming LLC registrants to register on a blockchain. Wyoming led the way when it passed the nation’s first LLC law in 1977, and it can again lead by offering the ability to register LLCs on a blockchain. This could attract meaningful business into Wyoming, as today 2/3 of new companies that register in the U.S. are LLCs -- and new users of LLCs (such as for autonomous cars and other Internet of Things (IoT) devices) could be attracted to efficiencies enabled by blockchain-registered Wyoming LLCs
  • Ranchers and coal producers, for example, guaranteeing their customers certified Wyoming products by allowing them to track their Wyoming origin on a blockchain
  • Reducing Wyoming’s healthcare costs by eliminating information duplication via a blockchain
  • Creating a registry of mineral rights and leases and a tracking system for royalty and severance payments on a blockchain
  • Tracking government documents and automating compliance with public-records retention laws using a blockchain
  • Improving the transparency of Wyoming campaign finance by using a blockchain
  • Other industries positively impacted by adoption of blockchain technology include Accounting, Financial Services, Legal Services, Land Title, Licensing and Permits, among others

Below is the initial list of advisors to the Wyoming Blockchain Coalition. We anticipate adding members as interest in the technology grows and we welcome your interest in joining.

           
Ben Blalock President & CEO University of Wyoming Foundation
Mike Borowczak, PhD

Director, Cybersecurity Education Research Center & Lab

University of Wyoming
Randy Bruns CEO Cheyenne LEADS
Patrick M. Byrne, PhD CEO Overstock.com
James Caldwell, PhD Head, Dept of Computer Science University of Wyoming
David Chicoine, PhD Interim Dean, College of Business University of Wyoming
Greg Dyekman Senior Partner Dray, Dyekman, Reed & Healey P.C.
Gale Geringer Consultant Gale Geringer LLC
Hon. Jim Geringer Director Esri and former Wyoming Governor
Rob Jennings President RWJ Consulting, LLC
Erin Johnson Owner Erin Johnson Consulting
Jonathan Johnson President Medici Ventures
Toni Marie Kopack Manager DAPCPA Pope & Jackson, Inc.
Kristin Lee
Caitlin Long Chairman & President Symbiont, past UW Foundation Board
Richard McGinity, DBA

Professor Emeritus/Professor of Management

University of Wyoming
Cameron Nazminia

Former Policy Advisor to Wyoming Governor Matt Mead

Marian Orr Mayor City of Cheyenne
Michael Pishko, PhD

Dean, College of Engineering & Applied Science

University of Wyoming
Jeff Pope Attorney at Law Holland and Hart
David A. Pope, CPA CGMA CEO and Founder DAPCPA Pope & Jackson, Inc.
Craig Russow Major Gift Officer University of Wyoming Foundation
Rich Slater Attorney at Law Richard Slater Law Practice
Mark Smith CEO and Co-Founder Symbiont
Isaac Sutphin Partner Holland and Hart
 

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Recently, REAN Cloud built a digital concierge for a North Carolina hospital that had observed that most patient call button questions were repetitive. In addition, the paper-based process used to measure patient health metrics was laborious, not in real-time and sometimes error-prone. In their session at 21st Cloud Expo, Sean Finnerty, Executive Director, Practice Lead, Health Care & Life Science at REAN Cloud, and Dr. S.P.T. Krishnan, Principal Architect at REAN Cloud, discussed how they built...
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
Mobile device usage has increased exponentially during the past several years, as consumers rely on handhelds for everything from news and weather to banking and purchases. What can we expect in the next few years? The way in which we interact with our devices will fundamentally change, as businesses leverage Artificial Intelligence. We already see this taking shape as businesses leverage AI for cost savings and customer responsiveness. This trend will continue, as AI is used for more sophistica...
The “Digital Era” is forcing us to engage with new methods to build, operate and maintain applications. This transformation also implies an evolution to more and more intelligent applications to better engage with the customers, while creating significant market differentiators. In both cases, the cloud has become a key enabler to embrace this digital revolution. So, moving to the cloud is no longer the question; the new questions are HOW and WHEN. To make this equation even more complex, most ...
In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, provided a fun and simple way to introduce Machine Leaning to anyone and everyone. He solved a machine learning problem and demonstrated an easy way to be able to do machine learning without even coding. Raju Shreewastava is the founder of Big Data Trunk (www.BigDataTrunk.com), a Big Data Training and consulting firm with offices in the United States. He previously led the data warehouse/business intelligence and B...
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across business networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost as well as advance trade. Are you curious about how Blockchain is built for business? In her session at 21st Cloud Expo, René Bostic, Technical VP of the IBM Cloud Unit in North America, discussed the b...
The past few years have brought a sea change in the way applications are architected, developed, and consumed—increasing both the complexity of testing and the business impact of software failures. How can software testing professionals keep pace with modern application delivery, given the trends that impact both architectures (cloud, microservices, and APIs) and processes (DevOps, agile, and continuous delivery)? This is where continuous testing comes in. D
SYS-CON Events announced today that Synametrics Technologies will exhibit at SYS-CON's 22nd International Cloud Expo®, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Synametrics Technologies is a privately held company based in Plainsboro, New Jersey that has been providing solutions for the developer community since 1997. Based on the success of its initial product offerings such as WinSQL, Xeams, SynaMan and Syncrify, Synametrics continues to create and hone in...
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, examined the regulations and provided insight on how it affects technology, challenges the established rules and will usher in new levels of diligence arou...
As you move to the cloud, your network should be efficient, secure, and easy to manage. An enterprise adopting a hybrid or public cloud needs systems and tools that provide: Agility: ability to deliver applications and services faster, even in complex hybrid environments Easier manageability: enable reliable connectivity with complete oversight as the data center network evolves Greater efficiency: eliminate wasted effort while reducing errors and optimize asset utilization Security: imple...
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, discussed some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he covered some of the best practices for structured team migration an...
Companies are harnessing data in ways we once associated with science fiction. Analysts have access to a plethora of visualization and reporting tools, but considering the vast amount of data businesses collect and limitations of CPUs, end users are forced to design their structures and systems with limitations. Until now. As the cloud toolkit to analyze data has evolved, GPUs have stepped in to massively parallel SQL, visualization and machine learning.
The 22nd International Cloud Expo | 1st DXWorld Expo has announced that its Call for Papers is open. Cloud Expo | DXWorld Expo, to be held June 5-7, 2018, at the Javits Center in New York, NY, brings together Cloud Computing, Digital Transformation, Big Data, Internet of Things, DevOps, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
No hype cycles or predictions of a gazillion things here. IoT is here. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, an Associate Partner of Analytics, IoT & Cybersecurity at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He also discussed the evaluation of communication standards and IoT messaging protocols, data...
Modern software design has fundamentally changed how we manage applications, causing many to turn to containers as the new virtual machine for resource management. As container adoption grows beyond stateless applications to stateful workloads, the need for persistent storage is foundational - something customers routinely cite as a top pain point. In his session at @DevOpsSummit at 21st Cloud Expo, Bill Borsari, Head of Systems Engineering at Datera, explored how organizations can reap the bene...