In the wake of Gov. Gavin Newson’s recent executive order to support and regulate blockchain technology in California, CITRIS Executive Director Camille Crittenden drew upon her experience as chair of the California Blockchain Working Group to inform a recent Sacramento Bee explainer on blockchain tech.
While she acknowledges consumer skepticism of blockchain due to recent security breaches and cryptocurrency scandals, she sees considerable potential for the technology.
“I think it does have opportunities just for improving the reliability and transparency of storage of records, especially when there’s a potential lack of trust between partners,” she said.