Blockchain technology company Tieron is working with the Connecticut Technology Council (CTC), a nonprofit organization that encourages local tech development, on a trial to use blockchain technology to conduct surveys for government. Blockchain technology is a public ledger of Bitcoin transactions. Although Bitcoin has been well-known in the technology world for several years, blockchain technology has recently attracted the attention of many financial giants (such as Barclays, Goldman Sachs, Westpac, etc.) due to its practical applications in recording information and transmitting data.
CTC is very interested in various innovations in the technology field, so they are naturally curious about emerging technologies such as blockchain. Currently, more than 200 technology companies from Connecticut are under investigation, which is expected to be completed on September 11. Vaughan has worked with CTC before, though through his previous company, Fuscient. Now, he is focusing on his new company, Tieron, which he aims to position as a software-as-a-service (SaaS) company that provides services for people to collect data and keep secure records using the Bitcoin blockchain. |
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