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US State of Texas Saddles Up to Become the Next Blockchain Capital

Published 07/21/2020, 11:27 AM
Updated 07/21/2020, 01:00 PM
US State of Texas Saddles Up to Become the Next Blockchain Capital

Everything is bigger in Texas, and now the state with the second-largest geographical area in the United States is aiming to prove that it can lead the way in blockchain innovation.

While well-known companies like Hedera Hashgraph and Bitmain have already established a strong presence in Texas, the state has recently formed its own blockchain committee. Known as the Texas Blockchain Council, the organization was established as a trade association, or business league, serving as a nonprofit intended to make Texas a leader in national blockchain growth, education and business development. The council’s president, Lee Bratcher, told Cointelegraph that Texas will soon become one of the most favored jurisdictions for U.S.-based blockchain businesses and investments:

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