The Rise of the Crypto Mayors

For now, most crypto-enthused officials are focused on comparatively modest projects. Mark Wheeler, chief information officer for Philadelphia, became fascinated with crypto in 2018 after hearing about an effort in Cook County, Ill., to list property records on a decentralized database.

“Improving the quality of property-data management inside city government is like the white whale that I’ve been trying to catch,” he said.

Mr. Wheeler stopped listening to NPR in the morning, tuning into crypto podcasts instead. In November, he invited crypto experts to propose initiatives for Philadelphia; the original Bitcoin white paper is now posted on the city’s website.

The fervor has spread to small-town America. Last year, Jalen Nelson, a 26-year-old crypto enthusiast, cold-emailed 2,000 U.S. mayors, hoping to engage them in discussions about blockchain technology. He got one response — from Chris Swanson, the mayor of Two Harbors, Minn., a town of about 4,000 on the shore of Lake Superior.

Mr. Swanson was taken with the idea of forming a decentralized autonomous organization, or DAO — a collective of crypto investors — that would pool money to fund projects in Two Harbors in exchange for some kind of voting power over the new initiatives.

“Trying to get something built can be really complicated, and you end up going to the same pools of money over and over and over again,” said Mr. Swanson, 44. “The projects that the community wants to see could get done quicker.”

Mr. Nelson, who recently moved to San Antonio from California, has never set foot in Two Harbors, where winter temperatures can drop well below zero. (On a recent Zoom call, he chose a tropical background, with palm trees swaying in the breeze. “I told Chris I would visit him in the warmer months,” he said.) For now, the project remains entirely theoretical.

Why an All-In-One Payment Platform is a Must for Modern Salons & Spas | Quantum ePay

Are you tired of juggling multiple systems and software to manage your salon or spa’s operations? From appointment booking and customer management to inventory tracking and payment processing, handling all of these tasks separately is a nightmare. Not to mention the constant risk of errors, inefficiencies, and less-than-ideal customer experiences. (In fact, studies show that […]

Know More

40 Minutes with Technologist and Entrepreneurial Inventor, Dennis Fountaine

By: Sydney Carver, Tech Writers.carver@techologylabs.com Did you ever wonder how new products and technologies are created? Where does the idea come from and how does it become an actual product that we purchase and use? I have always been curious about the process of invention, so I reached out to a well-known Technologist and Inventor, […]

Know More

Blab.com Launches “The Knowledge Engine” with Advanced AI Capabilities and New Mobile Apps

Innovative Blab.com search platform, powered by cutting-edge LLM technology, ready to compete with giants like Google and emerging AI services like ChatGPT and Perplexity. Blab.com, a new entrant in the digital search engine market, has officially launched as “The Knowledge Engine,” introducing a platform that leverages state-of-the-art large language models (LLMs) to provide users with […]

Know More