In an interview with the Associated Press released Saturday, Blockchains CEO Jeffrey Berns said he had asked the state of Nevada to let him form a local government on the 67,000 acres the firm owns in Storey County. If his petition is successful, the blockchain firm would be allowed to operate as an “innovation zone,” where a company would be able to impose taxes and create courts — in addition to incorporating digital currency payments for goods and services and maintaining records on the blockchain.
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Source: Cryptocurrency - investing.com
