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Miami is the Center of Blockchain Technology in the US

Joshua T. by Joshua T.
October 14, 2018
in Finance & Blockchain, Latest News
Miami leading blockchain

Source: cbre.us

A recent report has made it known that the US city driving the adoption of blockchain technology the most is Miami, Florida.

The USA Shifting Towards Technology

The USA is well known worldwide to be a technology junkie. The country is home to the world’s top tech companies. The presence of this companies has further helped toward moving the USA revenue focus away from natural resources such as crude oil and metal to digital technology and operating systems.

Although the adoption of blockchain technology in the USA has been slowed compared to other Island countries like Malta, the country is still home to several cutting-edge blockchain technology projects. When it comes to blockchain technology adoption, one city which stood out is the city of Miami.
The city has so far been identified as a pioneer of blockchain adoption in the United States.

Miami as the Perfect Location

This is made quite evident in the fact that several blockchain related events, such as conferences, seminars and workshops taking place in the USA are known to have their venue stipulated as Miami.

However, it should also be noted that other factors might play important role in making Miami the choice location for these events. One must not overlook the fact that Miami has one of the best views in the country and it is also a popular holiday destination.

The State of Florida has also helped the cause of the city towards being the number one blockchain technology centre in the country. The State went as far as creating a new administrative position titled “Crypto Chief”. The function of whoever is sitting in this position is to oversee the industry and regulate it. The state’s lawmakers also did their part through the sponsoring of a bill aimed at helping blockchain technology strive.

With several events set for the end of 2018 in the city, the city is likely to continue growing its share of the industry.

Tags: BlockchainFloridaMiamipioneering
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