Blockchain firm aims to build crypto city in Nevada desert

[waybesuricata]

CEO Jeffrey Berns says the smart city could incorporate digital currency payments for goods and services as well as records on the blockchain.

Blockchain incubator and investment firm Blockchains LLC is stepping up its plans to build a smart city in the Nevada desert east of Reno.

In an interview with the Associated Press released Saturday, Blockchains CEO Jeffrey Berns said he had asked the state of Nevada to let him form a local government on the 67,000 acres the firm owns in Storey County. If his petition is successful, the blockchain firm would be allowed to operate as an “innovation zone,” where a company would be able to impose taxes and create courts — in addition to incorporating digital currency payments for goods and services and maintaining records on the blockchain.


Source and continuation of the article: https://cointelegraph.com/news/blockchain-firm-aims-to-build-crypto-city-in-nevada-desert