California collaborates with Ripple, Coinbase, Tesla: Innovating government through high technology!

The cryptocurrency market is receiving extremely positive news as Governor #California Gavin Newsom has just launched the California Breakthrough Project. This project brings together leaders from top technology and blockchain names such as Ripple, Coinbase, Tesla, Instacart, Snap, Moonpay, along with many other major companies, aiming to improve operations and modernize state governance.

Applying new technology and AI in state management

This high-level expert group will closely collaborate with state agencies to cut down on cumbersome procedures, modernize public services, and extensively apply AI along with new technologies. The first meeting took place at headquarters #Ripple on June 6, demonstrating the seriousness and determination of the project.

Additionally, Governor Newsom has also signed a new executive order to expedite the recruitment, bidding, and provision of public services process. Although the order does not directly mention crypto payments, the presence of giants like Coinbase and Ripple - pioneering companies in the blockchain and digital asset field - is a strong signal. This indicates a very high possibility that California will implement payment solutions or apply blockchain technology into its system in the future.

This collaboration is clear evidence of the potential of blockchain technology and cryptocurrency in bringing efficiency and transparency to government operations, opening a new era of acceptance and integration of crypto technology into life.