Douglas County looks to tap into blockchain boom

Washington’s Douglas County is looking to build a blockchain innovation campus on an unused silicon plant, The Seattle Times reports.

Easy access to cheap hydropower sparked a cryptocurrency boom in 2017, although this was followed by a collapse in 2018. But there is more to the story than boom and bust, argues Lisa Parks, Executive Director of the Port of Douglas County.

“We have some unique assets that make our region appealing to that industry,” she adds. “Let’s figure out a way to capitalise on it.”

The innovation campus would see researchers develop new uses for blockchain technology. Further details here.