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Blockchain Promotion Act: Defining and Exploring Technology Applications

This act aims to establish a working group to define blockchain technology and explore its potential applications, including non-financial ones. This could lead to citizens benefiting from new, more secure digital solutions in various aspects of life, from public services to daily transactions.
Key points
Establishment of an expert group to create an official definition of blockchain technology, facilitating its understanding and development.
Exploration of blockchain's potential uses across various sectors, potentially leading to innovations and improvements in public and private services.
Analysis of blockchain's impact on electromagnetic spectrum policy, which could be relevant for wireless communication development.
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Additional Information
Print number: 117_HR_3612
Sponsor: Rep. Matsui, Doris O. [D-CA-6]
Process start date: 2021-05-28