Justin Wise discusses the “Inclusive Value Ledger” system being proposed in Bill no. A08686 by New York State Assembly Legislators.
As digital currency technology begins to rise, we are seeing governments interested in leveraging the innovation to provide better payment and accounting systems to their constituents. Cornell law professor Robert Hockett, in a true crypto fashion, published a whitepaper elaborating on the concept that was put forward in a bill to the state assembly by Representative Ron Kim.
Decrypt Article “New York’s lawmakers are pushing for its own cryptocurrency”
https://decrypt.co/16155/new-yorks-lawmakers-are-pushing-for-its-own-cryptocurrency
New York State Assembly Bill no. A08686:
https://assembly.state.ny.us/leg/?default_fld=&bn=A08686&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y
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