SharemarketSharemarket
    What's Hot

    TA: Ethereum Uptrend Vulnerable Unless It Surges Past $1,900

    August 19, 2022

    World Photography Day: Dia Mirza to Randeep Hooda, 10 actors who are passionate about photography

    August 19, 2022

    Happy Janmashtami: Best Bollywood songs that will put you in a festive spirit!

    August 19, 2022
    Facebook Twitter Instagram
    SharemarketSharemarket
    Facebook Twitter Instagram
    • Home
    • Web Stories
    • Finance
    • International Markets
    • IPL
    • Tech
    • Sports
    • Crypto NFT
    • entertainment
    • Music
    • Lifestyle
    SharemarketSharemarket
    Home»Crypto NFT»Reno, Nevada Is Beginning a New Blockchain Project | Live Bitcoin News
    Reno, Nevada Is Beginning a New Blockchain Project | Live Bitcoin News
    Crypto NFT

    Reno, Nevada Is Beginning a New Blockchain Project | Live Bitcoin News

    SharemarketnewsBy SharemarketnewsAugust 6, 2022No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Reno, Nevada – often dubbed the “biggest little city in the world” – has some massive cryptocurrency ambitions. It’s now looking to establish a city-based blockchain system to help residents ease their way further into the world of web3.

    Reno, Nevada Is Eager to Enter the Blockchain Space

    Mayor Hillary Schieve serves on a committee known as the Conference of Mayors, which also features Francis Suarez of Miami. Suarez has long been a proponent of bitcoin, even going so far as to accept his paychecks in BTC, and it appears Schieve is a blockchain and crypto fan herself after announcing her city’s latest project.

    Not long ago, Schieve unveiled her first blockchain staple which involved creating a non-fungible token (NFT) based on the 2016 Burning Man event. Known as the Space Whale, Schieve talked about the token in a recent interview, commenting:

    We ended up buying it… and we wanted to do an NFT. It’s the first time that as a citizen you could own a piece of public art. This is a way all of us can have ownership, and that money would go back to public arts programs.

    One of the big things the new blockchain project is slated to do for the city of Reno is to improve its filing processes and keep all its records organized. Right now – according to Schieve – Reno is following old and traditional methods of keeping files together. The city has many boxes of old papers and records tucked away in closets and other spaces, and the mayor would like to see these processes end and become more modern.

    She believes the blockchain and the power of web3 will help Reno get its act together and record all its files digitally where they cannot be tampered with and where they’re available to everyone. She said:

    Much of our historic registry files are in banker boxes or file cabinets – tucked away, not easily accessible. So, we were looking at ways to make these digitally accessible, and blockchain just happened to be one of those… There are so many systems and departments that all [must] work together when it comes to municipal government – approving different permits and certificates of appropriateness. So, having one place where everyone is working on the same thing and can see the exact progress of the project is so valuable.

    Not Everyone’s Happy

    Reno has encountered some issues with this plan due to the amount of resistance people seem to have towards blockchain and crypto. Many still see the digital currency space as wrought with crime and fraud, and they don’t want private or public records subjected to those seeking to commit illicit acts. Schieve says:

    A lot of people are like, ‘What are you talking about, cryptocurrencies? Is that dark money?’ I don’t think people have been that receptive.

    Tags: Francis Suarez, Hillary Schieve, Reno

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Sharemarketnews
    • Website

    Related Posts

    TA: Ethereum Uptrend Vulnerable Unless It Surges Past $1,900

    August 19, 2022

    ‘Programmable money should terrify you’ — Layah Heilpern

    August 19, 2022

    Fortnite developer supports Animoca subsidiary’s blockchain racing game

    August 19, 2022

    Philippine Regulator Warns the Public of Engaging With Foreign Crypto Service Providers – Regulation Bitcoin News

    August 19, 2022
    Add A Comment

    Leave A Reply Cancel Reply

    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook Twitter Instagram Pinterest YouTube
    Top Insights

    TA: Ethereum Uptrend Vulnerable Unless It Surges Past $1,900

    August 19, 2022

    World Photography Day: Dia Mirza to Randeep Hooda, 10 actors who are passionate about photography

    August 19, 2022

    Happy Janmashtami: Best Bollywood songs that will put you in a festive spirit!

    August 19, 2022
    Get Informed

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Type above and press Enter to search. Press Esc to cancel.