5 Governments Backing Blockchain Projects

You know it's serious when governments get involved.Ever since the incredible run cryptocurrencies had at the end of last year, 2017, the general feeling toward blockchain technology hasn't been a question of "if"—but "when."It seems as though 2018 has been the year of preparation. Major companies like Amazon and Facebook have both started solidifying their involvement in the space. Amazon, for example, has made it possible to launch blockchain solutions on AWS. Meanwhile, Facebook quietly formed a team within the company to begin exploring blockchain use cases for the behemoth social platform.Whenever a major company moves into a new space, there's a reason.But when governments start following suit, then it's really time to pay attention.Here are 5 governments backing blockchain projects:1. United StatesWhile the United States has certainly been a bit "behind the curve" when it comes to blockchain adoption, the U.S. Treasury Department is "currently running a pilot program to determine whether Blockchain technology can be utilized for supply chain management," according to Cointelegraph.

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ethereum,startup,business,blockchain,bitcoin