Assembly Science, Innovation & Technology Committee to Consider Blockchain Technology at Princeton Meeting

(TRENTON) – The Assembly Science, Innovation and Technology Committee will meet tomorrow at Princeton Innovation Center BioLabs to discuss the economic development opportunities presented by blockchain technology innovation in New Jersey.

The committee will hear testimony about blockchain technology, its benefits and how it might be implemented in the state.

The meeting is scheduled for noon on Thursday, April 26, 2018 at Princeton Innovation Center BioLabs, 303 College Road East, Suite A, Princeton.

The committee will also act on the following bills:

• A-1346 (Gusciora/Muoio/Holley/

Barclay/Chaparro/Handlin/ Coughlin/Danielsen– Creates grant program for business accelerator and incubator networks; transfers $1 million in societal benefits charge revenues to EDA to administer program.

• A-3613 (Eustace/Gusciora) – Establishes NJ Blockchain Initiative Task Force.
•  A-3767 (Zwicker) – Directs Secretary of State to develop national marketing campaign promoting State’s innovation economy.
•  A-3768 (Zwicker/Eustace) – Permits corporations to use blockchain technology for certain recordkeeping requirements.