American Blockchain Boost: What's the Plan?

The U.S. government is stepping up its game in the blockchain world. A new plan is in the works to ensure America stays ahead in this tech race. The Commerce Secretary is set to become the go-to advisor on all things blockchain. This includes everything from how to use it to how to keep it safe.

National Blockchain Deployment Advisory Committee

A special team, the National Blockchain Deployment Advisory Committee, will be formed. This team will have experts from different fields. They will look at how blockchain can be used in various areas like:

• Healthcare
• E-commerce
• National Security

The goal is to make sure the U.S. is leading the pack in this technology.

Creating Guidelines and Collaboration

The plan also includes creating guidelines for using blockchain. These guidelines will help businesses and government agencies understand how to use this technology effectively. The government will also work with private companies to make sure everyone is on the same page.

Annual Reports to Congress

Reports will be made to Congress every year. These reports will talk about what's been done and what needs to be done next. The government wants to make sure they are staying on top of any new risks or trends in the blockchain world.

A Big Deal

This plan is a big deal because it shows the government is serious about blockchain. It's not just about keeping up with the times. It's about leading the way. But will this plan work? Only time will tell. The government has to make sure they are working with the right people and using the right strategies.