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Capitol Hill seeking more Federal R&D In blockchain ledger technology

“U.S. Sens. Roger Wicker, R-Miss., and Cynthia Lummis, R-Wyo., introduced the bill, called the National R&D Strategy for Distributed Ledger Technology Act, on Tuesday.

‘It is imperative that we maintain global leadership in the development of emerging technologies, including distributed ledger technology,’ Wicker said. ‘This bill would launch pivotal exploration into this promising and novel architecture for computing and data storage. I am optimistic that our legislation will spur practical innovations that go far beyond financial applications.’…”

“Should the bill get passed, it would direct the White House Office of Science and Technology Policy to develop a national research and development roadmap for DLT in the U.S. and require the National Science Foundation to support new research related to the topic.

It would also require the National Institute of Standards and Technology to conduct an applied research project to study the benefits of applied DLT…” Read the full article here.

Source: Bill Wants More Federal R&D In Blockchain Ledger Technology – By Alexandra Kelley, May 3, 2022. Nextgov.

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