Chamber of Digital Commerce proposes National Action Plan for Blockchain

The Chamber of Digital Commerce, a leading blockchain trade association, has released its proposed National Plan for Blockchain.

Perianne Boring, founder and president, Chamber of Digital Commerce, said that the plan is part of the chamber’s ongoing advocacy work and its efforts to promote the acceptance and use of digital assets and blockchain-based technologies.

The initiative has received broad industry support from companies including Nasdaq, Cisco, Deloitte, IBM, as well as blockchain startups including Medici Ventures, Bloq, Civic, and others.

The chamber has called upon the highest levels of the U.S. government to recognize and incentivize the development of blockchain solutions and embrace a comprehensive, national strategy for this innovative technology.

“Other developed nations are promoting the adoption of blockchain and digital assets,” said Boring. “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.”

Boring noted that government agencies within the U.S. are exploring blockchain technology in multiple ways. As such, the action plan proposes that the government should approach blockchain technology with clear support, coordinated agency efforts, and the encouragement of private sector development. It calls on the U.S. to create principles and frameworks to not only benefit Americans, but to be replicated globally as the industry matures.

“Blockchain-based systems and cryptocurrencies are redefining concepts of ownership, transparency, and financial inclusion,” Matthew Roszak, chairman of the Chamber of Digital Commerce, said. “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."