Blockchain Innovation Center Opens in Washington, DC

WASHINGTON, DC--(Marketwired - Sep 27, 2016) - The Chamber of Digital Commerce and technology incubator 1776 have partnered to launch the DC Blockchain Center to serve as Washington, DC's entrepreneurial resource for technology providers and governments investing and innovating in blockchain-based technologies.

The DC Blockchain Center at 1776 is the first blockchain incubator in Washington, DC. It's focused on helping regulators and government agencies, including state, federal and international, understand the potential benefits of blockchain technology and public sector use cases, and to provide a forum for the public and private sectors to collaborate.

"We strongly believe that one of the most effective forms of advocacy is for the government to utilize and implement blockchain technology, and to experience the benefits first hand," says Perianne Boring, Founder and President of the Chamber of Digital Commerce.

The DC Blockchain Center has already received requests from government agencies looking for blockchain technology resources, and anticipates further inquiries around issues like cybersecurity, identity management and asset registry.

"FinTech is a challenging space for governments and their constituents," said Evan Burnfield, Co-Founder & Co-CEO of 1776. "We're thrilled to welcome the DC Blockchain Center and its community of innovators to 1776. It's uniquely positioned to connect the dots for government agencies and drive massive scale success through our connections, resources and mentoring programs."

This incubator is one of many efforts being undertaken at 1776 to foster innovation around financial technology.

About the Chamber of Digital Commerce:
The Chamber of Digital Commerce is the world's leading trade association representing the digital asset and blockchain industry. Our mission is to promote the acceptance and use of digital assets and blockchain-based technologies. Through education, advocacy, and working closely with policymakers, regulatory agencies and industry, our goal is to develop a pro-growth legal environment that fosters innovation, jobs and investment. For more information, please visit: www.digitalchamber.org, and follow us at @ChamberDigital on Twitter.

About 1776
1776 is a public benefit corporation that scouts and funds high-growth startups around the world focused on solving society's most fundamental challenges in sectors like education, energy, transportation and financial services. Launched by co-CEOs Donna Harris and Evan Burfield and headquartered in Washington, D.C., with additional campuses in Dubai and San Francisco, 1776 serves hundreds of startups and institutions worldwide through its innovation curriculum, mentorship, investment and programming. It hosts more than 500 international events per year that attract heads of state, Fortune 500 CEOs, influential investors and global press. For more information, please visit www.1776.vc and follow @1776 on Twitter and @1776vc on Instagram.