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Lawmakers urged to help blockchain sector grow

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BOSTON (State House News Service) – To some in tech, Massachusetts could, and should, build a blockchain industry to rival Silicon Valley by investing resources in the burgeoning industry.

Tech industry advocates testified at a Joint Committee on Labor and Workforce Development hearing Wednesday morning to show their support for legislation (H 4922) designed to lift education and training programs specializing in blockchain technology.

“It’s time to think about, ‘What is the art of the possible here with blockchain in the Commonwealth?’” John Rademacher of Tata Consultancy Services said. “It’s a technology that can bring workforce and economic development to the Commonwealth, we feel. Imagine in the next 10 years you look out and the Commonwealth has become what the biotech industry became here in Boston.”

The bill, introduced by Reps. Josh Cutler of Pembroke and Kate Lipper-Garabedian of Melrose, would set up a a Blockchain Labor Force Career Training Trust Fund to finance…

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