FOR IMMEDIATE RELEASE
April 20, 2020 – 10XTS, a leading blockchain technology and digital asset management company, is pleased to announce that CEO Michael Hiles recently moderated a high-impact panel at the Miami University Blockchain Club’s Virtual Blockchain Conference. The event brought together thought leaders and public officials to discuss the state of blockchain regulation, fintech innovation, and the evolving role of blockchain in government and public policy.
The distinguished panel featured:
- Wendy Henry, Public Sector Blockchain Lead at Deloitte
- U.S. Congressman Warren Davidson
- Kentucky State Senator Brandon Smith
This lineup provided attendees with insights from both private and public sector perspectives, highlighting how blockchain can be strategically adopted across industries and integrated into regulatory frameworks for greater efficiency, security, and transparency.
A Dynamic Panel Discussion on Blockchain and Fintech
The panel discussion, moderated by Michael Hiles, explored several essential themes in blockchain’s evolution, from regulatory challenges and government policy to public sector adoption. As an experienced blockchain advocate and CEO of 10XTS, Hiles brought his expertise in digital assets, regulatory compliance, and data transparency to lead the conversation, fostering a collaborative dialogue that engaged participants from diverse fields.
“It was an honor to moderate such a distinguished panel and delve into the crucial issues facing blockchain and digital assets,” said Michael Hiles. “The perspectives of Congressman Davidson, Senator Smith, and Wendy Henry reflect the broad spectrum of interest in blockchain from the public sector to private enterprise. Together, we’re paving the way for blockchain’s role in reshaping industries, driving innovation, and establishing trust in digital finance.”
Key Discussion Points: Regulatory Landscape, Government Policy, and Blockchain Adoption
The panelists addressed pressing regulatory issues facing the blockchain industry, including the complexities of establishing comprehensive legislation and guidelines for the adoption of blockchain and digital assets. Topics covered included the state of federal and state blockchain regulation, the challenges of policy development, and the importance of clear definitions and guidelines to foster innovation while protecting investors.
Blockchain Regulation and Federal Oversight
- Congressman Warren Davidson, a strong advocate for blockchain technology, shared his perspective on the federal regulatory landscape and the steps being taken to create a supportive framework for blockchain. Davidson has been instrumental in introducing legislation such as the Token Taxonomy Act, which seeks to establish a regulatory structure for digital tokens and clarify their treatment under securities laws.
- Davidson emphasized the importance of fostering innovation within the U.S., recognizing that blockchain’s potential spans across industries, from finance to supply chain management. He highlighted how balanced regulation can protect consumers and investors while encouraging technological growth.
State-Level Blockchain Adoption and Opportunities
- Kentucky State Senator Brandon Smith provided insights into state-level initiatives and the role of local governments in driving blockchain adoption. Senator Smith, who has actively supported blockchain legislation in Kentucky, discussed the formation of a Blockchain Technology Working Group to evaluate blockchain’s applicability across state operations, including public records management and data transparency.
- Senator Smith emphasized how state governments can lead by example in adopting blockchain solutions, building frameworks that can serve as models for other states seeking to leverage technology to streamline processes and reduce costs.
Private Sector Engagement and Blockchain for Public Services
- Wendy Henry, Public Sector Blockchain Lead at Deloitte, brought a unique perspective on blockchain’s transformative potential for public services. As a leader in blockchain strategy for government entities, Henry shared real-world examples of how blockchain is being applied to improve transparency, accountability, and efficiency in sectors such as health care, finance, and supply chain.
- Henry underscored the value of collaboration between public and private sectors in blockchain adoption, explaining how technology companies and government agencies can work together to address regulatory challenges, build trust, and promote transparency. Her insights reinforced the need for public-private partnerships in the successful integration of blockchain solutions into public administration.
Building a Pathway for Blockchain Innovation and Public Sector Integration
The panel’s insights revealed the broader vision of blockchain’s role in reshaping industries, supporting economic growth, and enabling secure data sharing across various sectors. By fostering a dialogue that bridged government policy and private-sector innovation, the Miami University Blockchain Club’s Virtual Blockchain Conference highlighted blockchain’s potential to address long-standing challenges in governance, regulation, and data integrity.
Hiles’s moderation helped streamline complex topics, making the conversation accessible and informative for the conference attendees, which included students, academics, blockchain enthusiasts, and industry professionals. The conference marked an important step in educating the next generation of blockchain innovators and public administrators on the technology’s real-world impact.
10XTS and the Role of XDEX in Public Sector Blockchain Solutions
10XTS’s XDEX platform, a blockchain-based record management solution, exemplifies how blockchain technology can be used to enhance transparency and regulatory compliance in government and regulated industries. XDEX provides secure, decentralized records management capabilities for public and private sector organizations, supporting data integrity and compliance with regulatory standards.
With 10XTS’s focus on regulatory alignment and efficient data management, Hiles’s leadership on the panel reinforced the company’s commitment to advancing blockchain adoption within government frameworks. XDEX serves as a tool that complements the discussions held during the conference, demonstrating the value of blockchain for maintaining secure, immutable records while improving operational efficiency.
About 10XTS
10XTS is a blockchain technology company dedicated to creating secure, compliant solutions for digital asset management and data transparency. Its flagship platform, XDEX, offers a blockchain ecosystem for managing and verifying digital records, supporting compliance and security in both public and private sectors. Headquartered in Cincinnati, Ohio, 10XTS partners with government agencies and private organizations to deliver blockchain innovations that drive efficiency and trust in modern governance and finance.
About Miami University Blockchain Club
The Miami University Blockchain Club is a student-led organization dedicated to advancing education and awareness of blockchain technology. The Club hosts events, guest lectures, and conferences that bring together students, academics, and industry experts to explore blockchain’s potential and develop practical skills. The annual Virtual Blockchain Conference provides students with opportunities to engage with leaders in blockchain and related technologies.
Media Contact
10XTS
Email: info@10xts.com
Website: www.10xts.com
