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Nebraska Senator Looks to Define New Technology

Nebraska Senator Looks to Define New Technology

Photo: WNAX


A Nebraska state senator pushing legislation to welcome emerging business technology compares it to the birth of the Internet.

Senator Carol Blood of Bellevue is sponsoring legislation which would define Distributed Ledger Technology and Blockchain, the technological platforms which support crypto-currencies such as Bitcoin. Blood says fear of such technology is similar to the fear people initially had of the Internet. . .

Blood says Nebraska can be an attractive location for high-tech companies, lured by lower property costs and a well-educated workforce. . .

Blood says her legislation would define the technology and prevent it from being taxed or regulated locally.

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