NYCEDC, the New York City Economic Development Corporation, is at the forefront of the rapidly growing blockchain ecosystem in NYC. With the potential to revolutionize the way New Yorkers interact with the city and each other, NYCEDC is dedicated to ensuring that the opportunities created by this technology are accessible to all. Through their blockchain strategy, NYCEDC aims to solidify New York's leadership in the sector and promote inclusive growth through three major initiatives. The NYC Blockchain Center, opened in January 2019, serves as the hub of the industry, fostering learning and connectivity within the blockchain ecosystem.

It provides shared space, mentorship programs, and educational resources for professionals and those eager to utilize this transformative technology. Another initiative, the NYC BigApps Blockchain Challenge, leverages the city's renowned BigApps competition to catalyze the development of blockchain solutions that improve the efficiency, transparency, and security of public sector services and systems. In addition, NYCEDC partners with CoinDesk to host Blockchain Week NYC, a week-long event that brings together entrepreneurs, investors, developers, and enthusiasts from around the world to collaborate and shape the future of the blockchain industry. By championing blockchain entrepreneurship, promoting diversity and inclusion, and supporting innovation, NYCEDC is paving the way for a thriving and inclusive blockchain ecosystem in New York City.