Chamber of Digital Commerce and Texas Blockchain Council Publish Texas Edition of State Legislator’s Toolkit

March 16, 2021

The Chamber of Digital Commerce and the Texas Blockchain Council published the State Legislator’s Toolkit: Texas Edition as a resource for Texas state legislators. As the blockchain industry in Texas continues to grow, policymakers will find this toolkit useful to gain a deeper understanding of the technology and ways it can bring unprecedented economic growth to the State. This edition of the State Legislator’s Toolkit includes insights on how blockchain development will positively impact Texas’ economy, legislative proposals, and an overview of state legislative developments.

“The size and dynamism of Texas’ economy makes it an ideal place to host innovative companies working on blockchain technology and the digital economy. Texas has unparalleled expertise at establishing an environment where business thrives,” said Lee Bratcher, Founder and President, Texas Blockchain Council. “The original State Legislator’s Toolkit is a great educational resource, and we enjoyed working with the Chamber of Digital Commerce to build out the Texas Edition,” Bratcher added.

The Dallas, Austin/San Antonio, Houston triangle, referred to as “the Texas Triangle,” is home to 53 of the 54 Texas-based Fortune 500 companies, and this is where blockchain innovators are heading. “The exodus from the Bay Area to central Texas in the past few months confirms that our engineering talent and capital are growing,” Bratcher noted.

Blockchain technology, in the hands of capable entrepreneurs and engineers, has incredible potential and requires a well-conceived regulatory framework. It must deter clear violations of law while encouraging innovation, and must be flexible and transparent so that those working to bring products to market can innovate freely.

“The Chamber of Digital Commerce was proud to partner with the Texas Blockchain Council to develop the Texas Edition, and we look forward to seeing how Texas lawmakers use it to support blockchain development and innovation in their State,” said Divij Pandya, Associate Director of Policy at the Chamber of Digital Commerce.