LARAMIE — The state, city and University of Wyoming are putting more of a focus on some of the newest areas of technology that some hope will become a major economic stimulator for the Cowboy State: blockchain and cryptocurrency.
On the heels of state legislative efforts to make the state more friendly to an emerging industry, UW began teaching courses in blockchain three years ago and opened its Center for Blockchain and Digital Innovation the following year. Its director, Steven Lupien, says the impact of the technology on future generations could be akin to that of the internet.
“There’s virtually nowhere at UW that’s not going to be touched by blockchain,” Lupien said.
In simple terms, a blockchain is a data sharing system that operates by sharing information between multiple computers or groups of computers. The information is stored in groups known as “blocks” that are linked to one another.
The technology is widely known as a recording and security system for digital...
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