3 Touted Benefits of Wyoming's Novel Blockchain Law

Wyoming this year sought to stake out territory as a leader in luring blockchain technology to the state.

These are the benefits that are touted:

  • economic (new businesses moving to WY)
  • elections- blockchain can streamline voting & make it more secure
  • no cost to the state

The concern:

  • Wyoming needs a tax structure that encourages technology companies to move there

Casper Star Tribune | Editorial board: Blockchain could be a boon for Wyoming