Chainlink and the Blockchain Association have released the State Scorecard for Blockchain Innovation which shows where U.S. states stand in their blockchain adoption rate. According to the data, Texas, Utah, and Arizona have the highest blockchain adoption rate.
The scorecard had six indicators and four titles for the states. The indicators included factors such as the government‑led blockchain pilot program, pro‑crypto task forces, congressional support at the state level, blockchain workforce presence, strategic Bitcoin reserve initiatives, and the membership in the North American Blockchain Association.
Depending on their approach to blockchain innovation, the states will be titled either as Trailblazer, Accelerator, Initiator, or Explorer.
As per the report, the southwestern states of Utah, Arizona, and Texas have earned the top titles of Trailblazers. Texas has developed a business-friendly environment and taken proactive steps like forming a crypto task force and blockchain pilots. Utah, has established a blockchain task force, and Arizona, has passed several crypto and blockchain-related bills.
Besides, states like California, North Carolina, New Hampshire, and Wyoming have been closely following the Trailblazers and have achieved the title of Accelerators. Colorado, Georgia, and Florida on the other hand, are in the third tier, called Initiator, whereas states like Mississippi, South Dakota, and West Virginia have earned the fourth title of Explorer.
The scorecard was revealed on July 15, which coincides with the ongoing Crypto Week, a significant period for the future of U.S. crypto regulations. The scorecard data highlights the importance of a framework for supporting and innovating blockchain technologies across the U.S.
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