California establishes a Technology Task Force with the participation of Ripple, Coinbase
California Governor Gavin Newsom has just signed an executive order, officially launching the "California Breakthrough Project" initiative aimed at modernizing state government operations with close collaboration from leading technology and cryptocurrency companies.
Strategic collaboration to innovate government
This task force held its first closed-door meeting on June 6 at headquarters #Ripple in San Francisco, bringing together executives from companies like Ripple, Coinbase, and MoonPay. The project aims to address inefficiencies and "catalyze modern solutions in public service" in areas such as licensing, professional certification, workforce services, and public welfare distribution.
Inviting cryptocurrency companies to participate demonstrates growing confidence in blockchain as a core infrastructure. Experts note #California not only accepts crypto but also legitimizes and recognizes its value, especially in promoting transparency, auditability, and resilience against centralized failures in public services. This move affirms the potential of blockchain technology to reshape government services and usher in a new era of acceptance and integration of crypto technology into everyday life.