Categories: News

Hedera Hashgraph presents e-Apostille PoC to Texas Secretary of State

There is no indication that anyone requested such a proof-of-concept, however.

Enterprise blockchain platform Hedera Hashgraph has presented a proof-of-concept, or PoC, to the Texas Secretary of State, showing the potential of blockchain technology to issue, secure and verify documents.

The PoC was a collaboration with content services provider, Hyland, and was spearheaded by trade association, the Texas Blockchain Council, who announced the venture on Jan. 11.

It centers around a system for issuing electronic Apostilles. An Apostille is a method for verifying that the seals and signatures on documents issued by public authorities are authentic.

An Apostilled document is recognized internationally as legally valid in the 118 countries who are parties to the Apostille Convention, which originally dates from 1961.

There is no indication that such a proof-of-concept had been requested, and although Cointelegraph reached out to the Texas Secretary of State’s office for comment, no response had been received by time of publication.

The Texas Blockchain Council was created in 2020, with an aim to develop the state into a blockchain friendly jurisdiction. They seek to both promote the technology’s use within local companies, and prompt the state as a location for existing blockchain businesses and investors.

Hedera Hashgraph has established a strong presence in the state, with CEO, Mance Harmon explaining:

“We’re thrilled to show the Texas Secretary of State and Hyland how blockchain/public ledgers enable government agencies to cost-effectively deliver next-generation services to their constituents”

One Bitcoin (BTC) mining company in the region has been making a tidy profit selling electricity back to the grid on days when the outside temperature means that mining is not financially practical.

[…]
Learn more

crypto

Leave a Comment

Recent Posts

The Governor of the Banque de France obtains the prestigious Tulip Prize

The Tulip Prize [1] was awarded yesterday to François Villeroy de Galhau for a speech…

2 years ago

United States: The offensive of a group of senators against cryptocurrencies

Senator Elizabeth Warren, supported by other senators, today introduced a bill titled the “Digital Asset…

2 years ago

Ukraine: Volodymyr Zelensky signs a law "on virtual assets"

President Volodymyr Zelensky today signed the “virtual assets” law adopted by the Ukrainian parliament on…

2 years ago

US: A central bank digital dollar project

Joe Biden today signed an executive order asking the federal government to assess the risks…

2 years ago

Ethereum: 100,000 transactions per second

After the implementation of the Ethereum blockchain in the consensus Proof-of-Stake model called “Beacon Chain”,…

2 years ago

First major correction of 2021 for cryptos

It hung in the face of investors, this correction. And if the movements of Bitcoin…

3 years ago