Blockchain Technology Results

SUBJECT: RFI #21PSX0098 Blockchain Technology Results

Dear Chairs Hartley, Flexor, Currey, and Fox; Vice Chairs Cohen, Haskell, Rochelle, and Thomas; Ranking Members Martin, Sampson, Buckbee, and Mastrofrancesco; and Distinguished Members of the Commerce and GAE Committees:

Pursuant to Section 1 of Special Act 21-25, An Act Concerning Blockchain and Emerging Technologies, the Department of Administrative Services (“DAS”) was required to (1) develop and issue a request for information (“RFI”) for “the incorporation of blockchain technology to make a state administrative function more efficient or cost-effective,” and (2) evaluate the responses received from the RFI and submit a report to the Commerce and GAE committees identifying department functions that may be made more efficient or cost-effective by such blockchain technology no later than January 1, 2022.

DAS issued RFI #21PSX0098 on September 30, 2021, pursuant to its authority under Connecticut General Statutes sections 4a-2, 4a-52 and 4d-2, to acquire information to gain a better understanding of blockchain technology and how the business community can help the State further technological advancements in the State of Connecticut. The RFI closed on November 8, 2021, and the results identified department functions that may be made more efficient or cost effective through the use of blockchain technology, as well as major industries that have witnessed substantial impacts from utilizing blockchain technology – those results are attached hereto.

Read the letter here.

Previous
Previous

Bitcoin Launched 13 Years Ago This Month⁠—Here are 8 Milestones from the Past Year