The Colorado Senate has introduced a new bill in the hopes that it may be able to utilise blockchain technology to ward off cyber attacks, by using the tech to ensure the security of private data.

The Senate Bill 086 argued that the use of blockchain would rectify the current issues that the state suffered surrounding the issues of data collection and data retention, and would allow for a more stable record to be created. The bill would potentially allow the Chief Information Security Officer of Colorado to assess blockchain's ability to tackle cyberattacks, and to measure the extent to which it could outperform the current systems used by the government.

The bill noted that Colorado currently faces six to eight million breaches of its digital systems every day. The records stored on the government systems were unsecured, making them vulnerable to hacks and the stealing of information, a problem that could also be solved through the use of blockchain.

The bill also claimed that the use of blockchain technology would allow for transactions to be traced, without threatening the privacy of those undertaking them. This would mean that individuals would no longer be required to modify personal information at state offices, as the law currently demands.