Gov. Phil Murphy underscored his push to reposition the Garden State as a center for innovation and the development of cutting-edge technologies yesterday, announcing the enactment of two new related laws. The first, a law establishing an “innovation district” program means that, at the local level, municipalities can now receive that designation if they meet certain criteria, such as hosting higher-education institutions and providing access to mass-transportation facilities. The second establishes a new task force to conduct an in-depth study of blockchain, the sophisticated technology perhaps best known as the underpinnings of the digital currency Bitcoin.
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