The Trump Administration Is Buying Into Blockchain Tech

The Trump Administration Is Buying Into Blockchain Tech
AP Photo/Pablo Martinez Monsivais

High-level US regulators and officials spoke out in favor of expanding the adoption of blockchain technology across government and the private sector at the DC Blockchain Summit, held this week in the nation's capital.

There, representatives from the Trump administration, Congress and executive branch agencies acknowledged the potential of blockchain, and called for further development at the technology's intersection with public policy. Specifically, they highlighted the technology's potential to streamline bureaucracy, empower consumers and drive economic growth.

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