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Wyoming makes rush for hyped new tech, results still virtual

May 23, 2018View for printing

Block Chain Gang LLC, Crypto Cowboy, Something Something Blockchain LLC: Based on the names of dozens of new companies registering to set up shop in Wyoming, the state's effort to lure the latest tech craze appears to be paying off.

Proponents say blockchain -- the ledger where transactions of digital currencies, like bitcoin, are recorded -- could be the kick in the pants Wyoming needs to attract tech businesses and diversify its economy beyond fossil fuels.

As for how many of these new businesses will get off the ground in Wyoming or anywhere else, time will tell. So far, only a small fraction of them exist as more than electronic paperwork.

Mead Gruver, Associated Press

https://www.sfgate.com/business/techn ... 2936305.php
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