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Colorado bill to study how blockchain could solve water rights issues dies in committee

Denver Business Journal

A bill that would have authorized the study of how blockchain technology could be used to ameliorate water rights issues died on Thursday afternoon. If passed, Senate Bill 19-184 would have directed the Colorado Water Institute, an affiliate of Colorado State University, to study the potential uses of blockchain technology to manage a database of water rights. Best known for supporting cryptocurrencies such as Bitcoin, blockchain is a technology that allows computer networks to communicate without relying on a centralized authority.