[2015-08-03] MayorsChain: Blockchain Solution For City Budget Management

[jdebunt]

http://digitalmoneytimes.com/crypto-news/mayorschain-blockchain-solution-city-budget-management/


Or, in some cases, blockchain technology inspires people to dream big for the benefit of all of us.  George Galloway, one of the candidates for Mayorship of London, is planning to put the nation’s capital’s entire budget on the blockchain.  Storing GBP 17 bn on the blockchain is quite an impressive feat, especially considering it will not be denominated in Bitcoin in order to avoid price volatility.

[Purple Wayne]

George Galloway is a bit of a renegade and I like his idea, but he's never going to get elected the Major of London.

[jdebunt]

George Galloway is a bit of a renegade and I like his idea, but he's never going to get elected the Major of London.

Never say never in the world of politics, right?