The Chamber of Digital Commerce and technology incubator 1776 have partnered to launch the DC Blockchain Center to serve as Washington, DC's entrepreneurial resource for technology providers and governments investing and innovating in blockchain-based technologies.
The DC Blockchain Center at 1776 is the first blockchain incubator in Washington, DC. It's focused on helping regulators and government agencies, including state, federal and international, understand the potential benefits of blockchain technology and public sector use cases, and to provide a forum for the public and private sectors to collaborate.
"We strongly believe that one of the most effective forms of advocacy is for the government to utilize and implement blockchain technology, and to experience the benefits first hand," says Perianne Boring, Founder and President of the Chamber of Digital Commerce.
The DC Blockchain Center has already received requests from government agencies looking for blockchain technology resources, and anticipates further inquiries around issues like cybersecurity, identity management and asset registry.
"FinTech is a challenging space for governments and their constituents," said Evan Burnfield, Co-Founder & Co-CEO of 1776. "We're thrilled to welcome the DC Blockchain Center and its community of innovators to 1776. It's uniquely positioned to connect the dots for government agencies and drive massive scale success through our connections, resources and mentoring programs."
This incubator is one of many efforts being undertaken at 1776 to foster innovation around financial technology.