Colorado New Bill Encourages State to Adopt Blockchain for Data Security

A new state bill introduced to the Colorado Senate is looking at using blockchain technology to secure private data from cyberattacks.

Introduced on Jan. 16, Senate Bill 086 suggests that using a distributed ledger would eliminate the need for paper records and in-person updating of such data. The blockchain system would subsequently solve the state’s existing data collection and retention issues, and create a more secure record.

If passed, the bill would direct Colorado’s chief information security officer to evaluate the costs and benefits of using distributed ledgers in various government systems, and to determine blockchain’s capability in handling cyberattacks compared to traditional computer systems.

In 2017, according to the bill, there were somewhere between six and eight million attempted breaches of the Colorado state government’s digital platforms per day…

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