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Fairfax County EDA becomes first local organization to join fast-growing Chamber of Digital Commerce
FCEDA embraces blockchain technology through global trade group
Fairfax County, Virginia, Aug. 15, 2017 – The Fairfax County Economic Development Authority (FCEDA) has joined forces with the Chamber of Digital Commerce, making FCEDA the first local member of the Chamber.
The Chamber of Digital Commerce is the world’s leading trade association representing the digital asset and blockchain industry. The Chamber’s mission is to promote the acceptance and use of digital assets and blockchain-based technologies. Through education, advocacy, and working with policymakers, regulatory agencies and industry, its goal is to develop a pro-growth legal environment that fosters innovation, job growth and investment.
“Fairfax County is home to innovative financial institutions and many other businesses that are changing the ways the world works,” said Gerald L. Gordon, Ph.D., president and CEO of the FCEDA. “We are excited to partner with the Chamber of Digital Commerce to work with those companies and showcase Fairfax County as a community that embraces the future.”
According to Juniper Research, 57 percent of large corporations are actively considering or in the process of deploying blockchain technology, a shared digital ledger that holds an immutable record of transactions. Two-thirds of that 57 percent said they expect to integrate the technology into their systems by the end of 2018.
“The nascent blockchain technology ecosystem is valued at over $120 billion with the potential to grow into a multi-trillion-dollar industry,” said Perianne Boring, founder and president, Chamber of Digital Commerce. “We look forward to working with the FCEDA to assist Fairfax County and the State of Virginia in harnessing the power of blockchain to create efficiencies, strengthen cybersecurity and ultimately transform business processes across sectors.”
The award-winning FCEDA promotes Fairfax County as one of the world’s best business locations. The FCEDA and the Chamber of Digital Commerce collaboration will include a number of educational resources for local governments and organizations, including a series of blockchain-related events in the near future.
Time magazine called Fairfax County “one of the great economic success stories of our time.” Business growth and innovation helps Fairfax County fund the nation’s top-rated school system and other public services that contribute to the quality of life of residents. Fairfax County offers businesses a state-of-the-art telecommunications infrastructure, access to global markets through Washington Dulles International Airport, a vibrant investment capital community and a highly skilled, well-educated workforce.
The FCEDA offers site location and business development assistance, and connections with county and state government agencies to help companies locate and expand in Fairfax County. In addition to its headquarters in Tysons Corner, Fairfax County’s largest business district, the FCEDA maintains marketing offices in six important global business centers: Bangalore, Berlin, London, Los Angeles, Seoul and Tel Aviv. Follow the FCEDA on Facebook, Twitter and LinkedIn.
About the Chamber of Digital Commerce
The Chamber of Digital Commerce is the world’s leading trade association dedicated to promoting the understanding, acceptance and use of digital assets and blockchain-based technologies. Headquartered in Washington, D.C., the Chamber is the founder of the Blockchain Intellectual Property Council Smart Contracts Alliance, Blockchain Alliance, Global Blockchain Forum and many other key industry initiatives. For more information, please visit DigitalChamber.org or follow us on Twitter: @ChamberDigital.
Chamber Media Contact
Marie Knowles
marie@digitalchamber.org
202-422-2589
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