NYC officials shower blockchain enthusiasts with love

New York City officials have chosen to stop worrying and love the blockchain. Their counterparts at the state level, however, still haven't unchained their hearts.

The city's Economic Development Corp. announced today that it will open a Blockchain Center, where believers in the technology that powers Bitcoin and hundreds of other cryptocurrencies can meet in a friendly space to pursue their passions and maybe hook up with investors. The city also said it will sponsor a competition this year, with prizes for people who cook up ways to make blockchain more useful for governments.