State positions itself to be blockchain center

Misconceptions cloud the discussion when it comes to blockchain technology. Many believe that blockchain is strictly used in cryptocurrencies but, as the state of Colorado is finding out, the opportunities for blockchain are endless, from tracing student records at university to voting electronically or developing a token system for a video game.

So, what is blockchain? It is a way to track information in a decentralized way that ensures the security and transparency of the information.

“The idea is that the information is all verifiable and publicly accessible. You don’t need an intermediary. The system is…