Over the past few years, Wyoming, a landlocked state in the U.S. Mountain West, has embarked on a journey to become a blockchain pioneer.

With a bold vision of creating an attractive cryptocurrency and blockchain ecosystem, the state’s crypto-friendly laws have positioned Wyoming as the most welcoming state in the U.S. for blockchain companies and innovators. With the pro-crypto stance of the Trump administration, the state has solidified its status as a model for how jurisdictions can build their economies.

Wyoming’s aim to be a beacon of crypto innovation is one reason I chose to make it my home. My family lives in Gillette, and Wyoming has become the center of my work life. I love this place, from my thriving bison ranch in Wheatland to our family’s state-of-the-art healthcare clinic in Gillette, alongside hundreds of employees.

While my commitment to Wyoming runs deep, I am now concerned about the direction the state is taking. Recent events surrounding the state-backed stablecoin initiative have raised serious questions about transparency and accountability in public procurement processes. If Wyoming wants to lead in blockchain – or any emerging technology – fairness and openness must be at the core of its selection processes. With so much at stake, I am addressing this issue head-on by building a framework that sets a stan

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Author: Charles Hoskinson