For Immediate Distribution
Wyoming Blockchain Coalition was created to advance the use of Blockchain within the State of Wyoming and educate Wyoming citizens about the power of blockchain technology to cut costs, streamline administrative processes and spur entirely new businesses in Wyoming.
As part of the Coalition's mission, it will promote legislative and regulatory changes within the State, as well as sponsor such diverse activities as setting up test blockchain nodes, host educational events and work with Wyoming's public and private sector to help implement this dramatic new technology.
"My involvement in this group is exciting." Mr. Pope explained in a recent statement. "For the accounting world especially, Blockchain represents the most revolutionary systems enhancement I have seen. When I began my career in 1987, I was still preparing accounting records by hand. This technology may be more subtle than the change to computerized accounting, but it will be every bit as impactful as that change was."
Mr. Pope will continue to lead the DAPCPA group of accounting firms while also acting as Executive Director of the Coalition. "My involvement with the Coalition is as an unpaid volunteer," he explained. "I have always prided myself on putting the needs of my clients and the needs of the State above all. This effort in particular is something that will help keep Wyoming at the forefront of both technology and business. By all measures, Wyoming consistently rates as the best state in which to do business. We were the first to create the Limited Liability Company. We remain a state with no corporate income taxes and a low-regulatory burden. Our citizens pride themselves on our strength and independence. Blockchain will help all of those things remain true."
Blockchain is a new form of database technology that enables multiple parties to share a single “golden copy” of data and trust that it is valid, owing to a breakthrough of computer science that enables the computers of multiple users or organizations to reach consensus about the state of their shared data without the need to reconcile their own copies. It is gaining adoption by users big and small to save costs, streamline administration and improve transparency and auditability.
The DAPCPA group of firms was established in Cheyenne in 1996 with three clients and is now a thriving group of three firms located in Cheyenne, Riverton, Wyoming and Winter Park, Colorado. They serve in excess of 2,000 clients that do business in all 50 states and several foreign countries.
Media Inquiries - please call David Pope at (307) 638-3170.