The Blockchain Research Institute is collaborating with the Washington DC-based Chamber of Digital Commerce in the push for a new US tech strategy.
The 120-page report arrives at a time of a major change in leadership as the Biden-Harris administration takes the helm. The report intends to provide a new way of thinking for US technology innovation going forward.
“The Biden-Harris administration arrives at a unique time in history. The pandemic exposed and exacerbated problems at all levels of government, creating a demand-pull for transformation. The advent of the second era of the digital age, with a “trivergence” of artificial intelligence, the Internet of Things, and blockchain technologies, is creating an innovation push.”
Biden-Harris to Deal With Great Unrest
Dan Tapscott, Anthony Williams, and Kirsten Sandberg authored the report. Chief US Information Officer of the Obama-Biden administration, Tony Scott created the forward.
Trust in government, both in the US and worldwide, appears to be at an all-time low. Some argue that blockchain technology could be a potential solution. BeInCrypto recently explored the possible crypto outlook for the incoming administration.
The report authors appear to echo this sentiment by urging authorities to embrace the trustless nature of the blockchain:
“Government leaders should acknowledge our new digital realities and develop a comprehensive framework to act on opportunities for justice, sustainability, citizen trust, social cohesion, and good government. To do this, federal leaders must get up to speed quickly about these technologies and act to ensure the upside and mitigate the downside”
It’s unclear yet whether such an embrace would assist the ailing situation of fiat currencies like the US dollar. Indeed, the Biden-Harris administration approved a massive stimulus package in Jan.
The US would need to play catch-up and do it fast. Bitcoin (BTC) has already smashed through another all-time high as investors look to the leading crypto as a safe-haven asset.
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Source: Be In Crypto