To direct the Secretary of Commerce to take actions necessary and appropriate to promote the competitiveness of the United States related to the deployment, use, application, and competitiveness of blockchain technology or other distributed ledger technology, and for other purposes.
Sponsors
Kat Cammack
R-FL | Primary Sponsor
Legislative Progress
Passed HouseCommitted to the Committee of the Whole House on the …
Passed House (inferred from eh version)
Mrs. Cammack (for herself and Mr. Soto) introduced the following …
Summary
What This Bill Does
Directs Commerce Secretary to take actions promoting U.S. competitiveness in blockchain and distributed ledger technology deployment, use, and application.
Who Benefits and How
U.S. blockchain industry gains federal support for competitiveness. Innovation ecosystem strengthened.
Who Bears the Burden and How
Commerce Department must develop and implement blockchain competitiveness strategy.
Key Provisions
- Commerce to promote blockchain competitiveness
- Covers deployment, use, and application
- Includes distributed ledger technology broadly
- May include nongovernmental representatives
Evidence Chain:
This summary is derived from the structured analysis below. See "Detailed Analysis" for per-title beneficiaries/burden bearers with clause-level evidence links.
Primary Purpose
Promotes U.S. blockchain technology competitiveness through Commerce Department actions
Policy Domains
Legislative Strategy
"Federal support for blockchain competitiveness"
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_secretary"
- → Secretary of Commerce
Key Definitions
Terms defined in this bill
Distributed database shared across network, linked using cryptography, distributed automatically
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology