State & Local Government Policy, Business and Technology

California Blockchain Bills Would Enable New Understanding, Private-Sector Trial

Government Technology: Blockchain, the electronic ledger technology being eyed by several states, could see some private-sector availability next year in California along with some state-level scrutiny, as two bills centered on the topic near Gov. Jerry Brown’s desk for a signature.

Assembly Bill 2658, authored by the body’s Majority Leader Ian Calderon, D-Whittier, cleared the Assembly on Aug. 27 and is headed to the governor. If Brown signs it by Sept. 30, it would establish a working group on blockchain by July 1, 2019, to study the technology's uses, risks, benefits and legal implications for state government and the private sector, with input from stakeholders. The group would report its findings to the state Legislature by July 1, 2020.

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