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NYC Seeking to Lead the Way in Blockchain The president of the New York City Economic Development Corporation (NYCEDC) announced today that they will be taking initiative to include the launch of a NYC Blockchain Resource Center and blockchain app competitions to help improve the public sector of the city. The Blockchain Resource Center will allow for public blockchain education as well as bringing entrepreneurs together in order to form new blockchain ventures. This new center will also bring both industry and government players together in order to discuss certain regulations that will need to be in play for future development. The NYC blockchain competition will set to begin in late 2018. The NYCEDC will request proposals from organizations that can run the competitions. This includes workshops for government employees about blockchain as well as free educational workshops for the public. The president and CEO of NYCEDC, James Patchett states that “there’s no other city in the world is better positioned to lead the advancements in blockchain technology”.

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