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Author Topic: [2016-7-16]Congressional Resolution Calls on US Government to Support Blockchain  (Read 202 times)
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July 19, 2016, 01:49:34 AM
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Congressional Resolution Calls on US Government to Support Blockchain Tech
A new resolution submitted to the US House of Representatives calls for the development of "a national policy for technology" that would include digital currencies and blockchain technology.

It invokes the idea of bitcoin without calling it by name – referring to "alternative non-fiat currencies" – and blockchain tech, which it says has the potential to "fundamentally change" how trust and security are established in online transactions.

The non-binding resolution is sponsored by Rep Adam Kinzinger, a Republican from Indiana; and Representative Tony Cardenas, a Democrat from California, is co-sponsoring the bill.

The resolution goes on to say that alternative currencies are "leveraging technology" to improve security and increase transparency in ways that could allow them to supplant the "decades-old payment technology" used by financial institutions.

http://www.coindesk.com/congressional-resolution-calls-us-government-support-blockchain/
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