Blockchain will soon be part of the New York strategy to guarantee the democratic process.
That is the hope of Clyde Vanel (D-33), who has submitted Assembly Bill A7716 On Tuesday, the proposal studies that the New York State Board of Elections is studying how Blockchain technology Can be used to protect voter records and election results.
The bill, currently in the Meeting Elections Committee, calls for an extensive report within a year and investigates the potential of blockchain as a tool for the integrity of the elections.
The legislation defines Blockchain as a decentralized, cryptographically protected, unchangeable and auditable ledger that is able to deliver an “uncensored truth”.
It is mandatory that the Board of Elections cooperates with the Office of Information Technology Services and experts at Blockchain, Cyber Security, Voters Fraud and Election Systems.
The final report must also take into account blockchain implementations in other states and areas of law.
If the bill progresses, it should pass the entire meeting, undergo the same process in the Senate and then signed by the Governor in the Act.
For the time being it will remain under committee evaluation, pending discussion or amendment. But if the bill is determined, the State Board would be legally obliged to deliver its findings within 12 months.
This is not Vanel’s first push for such legislation. Versions of the bill have appeared in legislative sessions since 2017, although no one has taken the office of the Governor.
The version of this year, however, is among the growing national interest in investigating the role of blockchain in public infrastructure, even if other states pursue very different usuals, such as crypto investments and reform of regulations.
Last month, Legislers in Utah approved HB230A blockchain-friendly account that protects crypto activities and infrastructure, but stripped language that the state would have enabled to invest Bitcoin Direct.
HB230 prohibits state and local authorities to accept the ability of individuals and companies to accept digital assets as payment, use hosted or to use hardware portfolios and participate in blockchain activities such as operational nodes, the development of software, transferring assets and setting.
In the meantime, the Bitcoin investment strategy became strength after the implementation of President Trump for a Strategic Bitcoin -Reserve at federal level.
From now on, 47 Bitcoin Reserve accounts have been introduced in 26 states, with 41 still live, per reserve tracker Bitcoin Law facts.
Published by Sebastian Sinclair
