Colorado lawmakers pass law to use blockchain for water management
Colorado lawmakers pass law to use blockchain for water management CryptoCurry Follow Jun 28 · 1 min read

Colorado lawmakers have passed a bill that serves as foundation for the study and use of blockchain technology for water management. The bill also encourages the exploration of other emerging technologies that may help improve water management in response to the worsening drought. The bill, dubbed House Bill 21–1268, passed by both chambers of the Colorado legislature is now awaiting Governor Jared Polis to sign it into law.

Image by Tumisu from Pixabay

Forty-five legislators sponsored the bill which permits and orders the University of Colorado and the Colorado Water Institute to explore blockchain and emerging technologies to improve monitoring and management of Colorado water systems. Specifically, the institutions are encouraged to use “blockchain-based documentation, communication, and authentication of data regarding water use; fulfillment of obligations under Colorado’s system of prior appropriation, including augmentation plans; and water conservation.”

Lawmakers hope that using such technologies would help reduce inefficiencies and waste in water management, as well as provide data that are more transparent and reliable. The University of Colorado is expected to provide both a written report and a live testimony on the results of their feasibility studies and pilot deployment on or before July 15, 2022.

Source: CoinGeek
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['Blockchain', 'Blockchain Technology', 'Blockchain Application']