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Blockchain Promotion Act: Defining and Exploring Technology Uses

This act aims to establish a working group to define blockchain technology and explore its potential applications. This could lead to citizens benefiting from new, more secure digital solutions in various aspects of life, from finance to public services, potentially impacting their daily transactions and access to information.
Key points
Establishment of an expert group to create an official definition of blockchain technology, facilitating its understanding and development.
Study of potential blockchain applications in various sectors, including non-financial ones, which could bring new services and improvements for citizens.
Analysis of opportunities for federal agencies to use blockchain technology, potentially improving the efficiency and security of public services.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_1869
Sponsor: Sen. Young, Todd [R-IN]
Process start date: 2021-05-27
Lustra uses Artificial Intelligence. Verify details in source documents.
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_S_1869.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-05-27.

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.
  • Study of potential blockchain applications in various sectors, including non-financial ones, which could bring new services and improvements for citizens.
  • Analysis of opportunities for federal agencies to use blockchain technology, potentially improving the efficiency and security of public services.
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 Sen. Young, Todd [R-IN].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Informatization Economy