In addition to using Algorand’s open-source, permissionless blockchain to quickly disseminate and permanently record pollution readings, PlanetWatch plans to use it to reward volunteers who maintain pollution sensors with Planet utility tokens.
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Eyeing the future, US Congress moves to define ‘blockchain’ and ‘cryptocurrency’
Senate action on Blockchain Promotion Act seen as vital to growth
The U.S. Senate Commerce, Science and Transportation Committee voted to approve the Blockchain Promotion Act of 2019 on July 12, giving the Commerce Department one year to come up with “a recommended definition of the distributed ledger technology commonly known as ‘’blockchain technology.’”