The Chamber of Digital Commerce, the world’s leading blockchain trade association, today released its proposed National Action Plan for Blockchain. The plan is part of the Chamber’s ongoing mission to advocate for the future of blockchain technology and encourages the United States to recognize and incentivize the development of blockchain solutions for government and industry.
The Chamber is calling on the highest levels of the U.S. government to embrace a comprehensive, national strategy for blockchain technology.
“Other developed nations are promoting the adoption of blockchain and digital assets,” said Perianne Boring, founder and president, Chamber of Digital Commerce. “It is imperative that the U.S. also recognize the power and potential of blockchain technology, along with the economic and commercial benefits that it can bring our country, through a National Action Plan for Blockchain. We can either step forward as visionary leaders or risk falling behind.”
The National Action Plan proposes that the U.S. approach blockchain technology with clear support, coordinated agency efforts, and the encouragement of private sector development that is required of emerging industries.
Blockchain technology has the potential to streamline processes, enhance efficiencies, and improve numerous industries, including: cybersecurity, financial services, and digital identity, among others. The National Action Plan for Blockchain calls on the U.S. to create principles and frameworks to not only benefit Americans, but to be replicated globally as the industry matures.
Matthew Roszak, chairman of the Chamber of Digital Commerce, added “Blockchain-based systems and cryptocurrencies are redefining concepts of ownership, transparency, and financial inclusion. To participate more fully in this rapidly developing global ecosystem, the United States government requires a strong action plan for this foundational, generational shift in technology, finance, and the intersection between the two. It is time that the United States government made a strong statement in support of financial technology innovation and inclusion by reviewing and seriously considering the Chamber’s National Action Plan and the guiding principles it recommends.”