The Berkeley ICO came one step closer to becoming a reality this week, earning a significant vote of approval from the local city council.
The California city wasn’t the first US locality to push for blockchain adoption, but it’s making up for lost time with innovation. City council officials in the Northern California’s Berkeley on Tuesday unanimously voted for the city manager to explore the perks of using blockchain technology and an “initial community offering” (ICO) to raise funds in lieu of a conventional muni-bond offering.
https://www.ccn.com/berkeley-ico-gets-vote-of-approval-from-city-council/
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