Bob Hertzberg, former leader of California Assembly and a member of the Tech Caucus, has spoken about the importance of blockchain and how it could revolutionise systems moving forward. Hertzberg claims that a distributed ledger for corporations would curtail fraudulent activities, whilst a broader interrelationship between private and government sector usage of the tech could transform current challenges facing the internet. Hertzberg bemoans the lack of understanding regarding blockchain’s potential among fellow California politicians and urges greater involvement in the sector to engender change.
The Importance of Blockchain in Politics
Bob Hertzberg, the former Speaker of the California Assembly, has been a leader in the political arena for many years. He has been involved in a variety of causes, including climate change and the clean tech sector. However, one of his most recent interests is in blockchain technology. In a recent interview, he discussed how he stumbled across blockchain and why he believes it has the potential to revolutionize the world of politics.
Experience with Blockchain
Hertzberg first became interested in blockchain technology because of his friends in the tech space. As a legislator, he found it difficult to get innovation and new ideas because so much of the infrastructure built around politics is around looking backwards. He recognized how critical blockchain is and how much more secure it is than the traditional methodology. He believes there are two comments to be made about blockchain: one is that people only think about the concept of crypto, which is one small piece of the blockchain, and two is that the name is crappy. He believes that branding is so much more important than the interface with the customer and that people need to be educated about the power of blockchain.
Hertzberg emphasizes the importance of getting involved in blockchain education and advocacy. He suggests that people need to educate themselves about blockchain and become engaged in the political process. He recommends that people reach out to their representatives and lobby for more support for blockchain technology.
Examples of Hertzberg’s Work
Hertzberg has introduced several bills related to blockchain technology in California. One of his bills had to do with a distributed ledger for corporations. The idea was to create an articles of incorporation that says your shareholding certificate is on a ledger, so when the bank goes to open a bank account, the distributed ledger would show who the shareholder is. He also required all the over 5,000 subdivisions of government in LA County to post all the apps that they use and all the systems that they use. These efforts were difficult, but Hertzberg states that the power of advocacy can bring meaningful change.
In conclusion, blockchain technology has the potential to revolutionize the world of politics, but it requires education and advocacy. Hertzberg’s insights and efforts to integrate blockchain tech into politics pave the way for a new level of security, transparency, and efficiency. To get involved, it is important to reach out to political representatives and become a voice for blockchain technology.