Blockchain and Government Ohio House Commerce and Labor HB220 Tony Franco - CEO June 5th, 2019

Who am I CEO and Co-Founder of SafeChain Work with 15 local governments across Ohio to implement blockchain We have 25 employees, 18 of them are in Ohio

Agenda What is blockchain How does it benefit consumers and governments How we use blockchain Why I’m supporting the bill (and why you should as well)

What is blockchain New type of database Operated by a group of people or organizations Facilitator of peer to peer transactions Safer and more secure

Why is blockchain important Local and county governments want to maintain autonomy The commercial markets and the state want standard access at regular intervals New technology will provide jobs across the state

House Bill 220 Enables counties, cities, municipalities to work with confidence Does not create subsidies Does not create restrictions Primarily provides clarity

SafeChain - Applied Blockchain for Land Title Problem: Title companies and local governments in Ohio spend $1M+ per year in submission errors Local governments want to maintain autonomy The market and the state want standard information

SafeChain - Applied Blockchain for Land Title Solution: Allow counties to maintain processes Use blockchain to maintain home rule Use blockchain to protect title agents IP First application like it in the county - Ohio is leading

Why I Support House Bill 220 The opportunity for high paying software jobs in Ohio is massive Blockchain will eventually touch as many businesses as the internet Bill does not impose regulations on a nacest technology Public private partnerships are a competitive advantage

Conclusion Blockchain - just a new type of database The new bill can help, but 100% will not hurt

Thank you