Monday, September 24, 2018

The US Should Take a 'Leadership' Role on Blockchain, IBM Report Argues






Developers and companies researching blockchain technology are looking to the U.S. government to help spur adoption, a new report by IBM claims.

Written by Thomas Hardjono, director of the MIT Trust: Data Consortium, the report summarizes the results of a series of roundtable meetings held by the Congressional Blockchain Congress – a group of lawmakers in the U.S. Congress who advocate for the tech – in 2017 and 2018. The meetings were spearheaded by Representatives David Schweikert and Jared Polis, and aimed to understand potential use cases for blockchain as well as accelerate use cases of the tech, according to the report.

Specifically, the three meetings each had a different focus: digital identity, payments and supply chain and provenance. The report explained that "strong industry consensus exists around the belief that blockchain technology will be the leading edge of 'next Internet' economy."

The report added:

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