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How Nevada Is Preparing For Blockchain Technology

Law360, New York (June 27, 2017, 11:21 AM EDT) -- When I entered the Nevada Legislature in 2010, my state was feeling the effects of the Great Recession more than most. Unemployment spiked and just skirted 14 percent. The state faced plummeting tax revenues based on struggles within the tourism and construction sectors. We were forced to deal with the reality that Nevada relied too heavily on these two major industries.

In order to address this reality, as well as the recession, Nevada began the task of overhauling the state’s economic development structure, in an effort to move towards the creation of true economic diversity and position the state to be...

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