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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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Status:
Expired
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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
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Blockchain Promotion Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_3612.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-05-28.

What are the main provisions?

Key points include:

  • 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.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Matsui, Doris O. [D-CA-6].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Consumer Protection and Commerce.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

What is the impact of this bill?

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Informatization Economy