According to the bill, housing projects that are found to have reduced their carbon footprint below a set cut-off will be rewarded with the state's digital currency called "Green coin."
The blockchain-backed housing bill called the "Green Housing Public-private Partnership Act" is focused on funding housing projects that meet the state's sustainability standards.
Among the provisions contained in the new bill are measures to create a regulatory sandbox for startups to innovate with blockchain tech.
In light of a lack of national cryptocurrency regulations, individual states in the US are working to provide oversight for the Bitcoin ecosystem.
After its feud with New York, Bittrex has decided to take its business to the tiny Rhode Island.
