Head of Blockchain Association: Collaboration with decision makers and universal education are key to blockchain technology innovation

Babbitt News, at the 2019 UBRI Connect conference, Kristin Smith, director of the Blockchain Association, said that collaboration and education with decision makers is key to blockchain technology innovation. When a new transformative technology emerges, it takes time for regulators to keep pace. Policymakers are concerned about the lack of understanding of new technologies. Once they are educated and have a clear understanding of new technologies, people will look right. Public policy to solve current problems. According to Kristin Smith, industry collaboration and education are important for decision makers around the world to protect consumers while also enabling innovation to thrive. The lack of clear regulation may drive innovation, tax revenues and employment to overseas.