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US National Strategy for Distributed Ledger Technology (DLT) Development

This act aims to establish a national strategy for the development of distributed ledger technologies (DLT), such as blockchain. This means the US government will invest in research and development of these technologies, potentially leading to more secure digital transactions, better personal data protection, and improved public services. For citizens, this could mean easier access to financial services and greater transparency in government operations.
Key points
The US government will develop a national strategy for DLT, including blockchain, to foster innovation.
Funding for DLT research aims to enhance the security, privacy, and efficiency of digital services.
The act mandates research projects that could improve public services, medical data management, and supply chains.
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Additional Information
Print number: 117_HR_8065
Sponsor: Rep. Waltz, Michael [R-FL-6]
Process start date: 2022-06-14