Press Releases

South Carolina’s financial management infrastructure is at a critical juncture. A recently discovered $1.8 billion accounting discrepancy revealed significant vulnerabilities in the state’s financial reporting systems. The current architecture is fragmented, inefficient, and outdated.

Complementing the Declaration of Digital Independence PREAMBLE We, the citizens of South Carolina, in pursuit of a transparent, accountable, and opportunity-rich future, affirm the following rights to safeguard liberty, economic freedom, and technological dignity in the age of artificial intelligence, digital capital, and blockchain governance. Article I – Right to transparency in governance and Public Accountability Every citizen has the right to real-time transparency in al

Why South Carolina must lead the next wave of digital infrastructure and AI governance By Dennis Fassuliotis, President, South Carolina Emerging Tech Association Inc. South Carolina made history in 1830 when it launched the Best Friend of Charleston, the first steam-powered passenger train in the United States. That locomotive wasn’t just a marvel, it was a message. Our state wasn’t afraid to lead, to connect communities, and to embrace the future. Today, nearly 200 years lat

Essential frameworks and insights for policy when preparing South Carolina’s digital future. Introduction Welcome to SCETA’s dedicated resource page for legislators, policy advisors and public sector leadership. Here, you will find the high-level analyses, frameworks and white papers that support informed decision-making on digital assets, AI, blockchain governance and technology infrastructure. Because shaping the future begins with clarity, consensus and actionable policy.

What Are Energy Technologies? The energy industry is in the middle of a massive transformation. For over a century, energy systems have relied on centralized production and complex global supply chains. But now, new technologies are reshaping how we generate, distribute and consume power — making energy cleaner, smarter and more secure. Emerging innovations such as the Internet of Things (IoT) , automation , artificial intelligence (AI) , cloud computing , big data and blo

What Is Data Science? Data Science is the art and science of turning raw information into insight. It combines statistics, computing, and machine learning to analyze massive amounts of data — helping people and organizations make better, faster decisions. Every action online, every machine reading, every transaction creates data. Data scientists use advanced tools to: Discover hidden patterns Predict outcomes Automate decision-making Improve efficiency and safety Data Scien

What Is Blockchain? At its core, blockchain is a digital ledger — a secure, shared record of transactions that everyone can see but no one can secretly change. Instead of being stored on one computer or server, the blockchain is distributed across thousands of computers around the world. Every participant holds a copy, keeping the system transparent and nearly impossible to tamper with. Each “block” in the chain contains: A list of verified transactions A timestamp A crypt

What Is Cryptocurrency? Cryptocurrency is digital money that exists online instead of as cash. It uses cryptography to keep transactions secure. This digital money runs on blockchain technology, which is a shared record that tracks and confirms transactions. Because of this, cryptocurrency exists as a result of the blockchain. Unlike traditional money issued by banks or governments, most cryptocurrencies are not controlled by any single authority. Instead, they run on decentr