Network TodayNetwork Today
    What's Hot

    Mali junta postpones 2024 election, delaying return to democratic rule

    September 26, 2023

    In a Port City Severed From the Sea, Young Sailors Feel Adrift

    September 26, 2023

    Texas man sentenced after fatally shooting man he believed killed friend, put gun up for sale 21 minutes later

    September 26, 2023
    Facebook Twitter Instagram
    • About
    • Privacy Policy
    • Terms
    • Contact
    Facebook Twitter Instagram
    Tuesday, September 26
    Network TodayNetwork Today
    • Home
    • News
    • Politics
    • Business
    • Energy
    • Technology
    • Health
    • Lifestyle
    • Sports
    Network TodayNetwork Today
    Home » The Rise of the Crypto Mayors

    The Rise of the Crypto Mayors

    January 25, 20222 Mins Read Politics
    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email Reddit
    Share
    Facebook Twitter LinkedIn Pinterest Email

    For now, most crypto-enthused officials are focused on comparatively modest projects. Mark Wheeler, chief information officer for Philadelphia, became fascinated with crypto in 2018 after hearing about an effort in Cook County, Ill., to list property records on a decentralized database.

    “Improving the quality of property-data management inside city government is like the white whale that I’ve been trying to catch,” he said.

    Mr. Wheeler stopped listening to NPR in the morning, tuning into crypto podcasts instead. In November, he invited crypto experts to propose initiatives for Philadelphia; the original Bitcoin white paper is now posted on the city’s website.

    The fervor has spread to small-town America. Last year, Jalen Nelson, a 26-year-old crypto enthusiast, cold-emailed 2,000 U.S. mayors, hoping to engage them in discussions about blockchain technology. He got one response — from Chris Swanson, the mayor of Two Harbors, Minn., a town of about 4,000 on the shore of Lake Superior.

    Mr. Swanson was taken with the idea of forming a decentralized autonomous organization, or DAO — a collective of crypto investors — that would pool money to fund projects in Two Harbors in exchange for some kind of voting power over the new initiatives.

    “Trying to get something built can be really complicated, and you end up going to the same pools of money over and over and over again,” said Mr. Swanson, 44. “The projects that the community wants to see could get done quicker.”

    Mr. Nelson, who recently moved to San Antonio from California, has never set foot in Two Harbors, where winter temperatures can drop well below zero. (On a recent Zoom call, he chose a tropical background, with palm trees swaying in the breeze. “I told Chris I would visit him in the warmer months,” he said.) For now, the project remains entirely theoretical.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Trump Lawyers Assail Gag Order Request in Election Case

    September 26, 2023

    How to Watch the Second Republican Presidential Debate

    September 26, 2023

    Trump campaign walks back claim former president purchased Glock amid questions about legality

    September 26, 2023

    WATCH: Reporters pile on frustrated Karine Jean-Pierre over Biden plan to join UAW picket

    September 26, 2023

    Republicans send letter to Jake Sullivan demanding ‘total figures’ for Ukraine aid

    September 25, 2023

    House Republicans announce first Biden impeachment inquiry hearing to be held this week

    September 25, 2023
    Trending

    Mali junta postpones 2024 election, delaying return to democratic rule

    September 26, 2023

    In a Port City Severed From the Sea, Young Sailors Feel Adrift

    September 26, 2023

    Texas man sentenced after fatally shooting man he believed killed friend, put gun up for sale 21 minutes later

    September 26, 2023

    Trump Lawyers Assail Gag Order Request in Election Case

    September 26, 2023
    Latest News

    Once Soft-Spoken, Ohio Conservatives Embrace the Bombast

    April 30, 2022

    Missing Michigan dad makes frantic police call over 9/11 conspiracies before family vanishes

    October 21, 2022

    Former Georgia cop charged with murder in missing teen’s death

    February 22, 2023

    Australian Senator Lidia Thorpe calls Queen Elizabeth II a ‘colonizing’ leader during swearing-in ceremony

    August 1, 2022

    Florida teenager charged with DUI after driving 70 mph over the speed limit

    May 30, 2022

    The Week in Business: High-Profile Media Ousters

    April 30, 2023

    Network Today is one of the biggest English news portal, we provide the latest news from all around the world.

    We're social. Connect with us:

    Facebook Twitter Instagram Pinterest YouTube
    Recent

    Mali junta postpones 2024 election, delaying return to democratic rule

    September 26, 2023

    In a Port City Severed From the Sea, Young Sailors Feel Adrift

    September 26, 2023

    Texas man sentenced after fatally shooting man he believed killed friend, put gun up for sale 21 minutes later

    September 26, 2023
    Featured

    The Man Who Became the ‘Lion of the Senate’

    October 27, 2022

    ‘Urban Explorers’ and Accused Spies Chafe in Legal Limbo in Albania

    July 2, 2023

    US Merchant Marine Academy appoints first female superintendent in school’s history

    November 14, 2022
    Copyright ©️ All rights reserved | Network Today
    • About
    • Privacy Policy
    • Terms
    • Contact

    Type above and press Enter to search. Press Esc to cancel.