Business Group Aims to Position Vermont as a Blockchain Magnet
Sunday, December 16, 2018
Posted by: Jeff Couture
Some of the key advocates behind Vermont’s blockchain bill passed last session, creating a favorable regulatory environment for blockchain-based businesses, have started a commercial association to better position the state as being friendly to the emerging technology.
A group called the Vermont Distributed Ledger Governance Association, or DLGA, announced Monday that it had formed in Burlington to help promote the industry and develop best practices.
Entrepreneur John Burton, chairman of the DLGA’s board, said the group is loosely modeled after the state’s Captive Insurance Association, which has helped position Vermont as a popular site for captive insurance headquarters, which employ some 500 people in Vermont.
“It can help all of us in Vermont,” Burton said of the blockchain industry, which creates mainly software jobs. “Anything we can do to put the state on the map for something besides maple syrup and skiing is great.”