UTC Joins 34 Other Tech Councils Across The Country In Support Of The Use Of Blockchain

By |2019-07-08T10:41:16-07:00July 8th, 2019|

UTC Joins 34 Other Tech Councils Across The Country In Support Of The Use Of Blockchain

CompTIA-TECNA Blockchain Final Letter 7.3.19

Re: H.R. 1361/S.553, the Blockchain Promotion Act of 2019

Dear Speaker Pelosi, Majority Leader McConnell, Democratic Leader Schumer, and RepublicanLeader McCarthy:

On behalf of a broad coalition of national, state and regional technology councils, we write today to express our strong support for H.R. 1361/S. 553, the Blockchain Promotion Act of 2019, and urge the House of Representatives and Senate to pass this important legislation during the 116th Congress.

Emerging technologies such as blockchain are increasingly interwoven into our nation’s economy and national security. Blockchain technology is evolving at a rapid pace, and there is a general agreement that blockchain can be used to improve the way the government currently does business. Public and private sector use cases for blockchain technology touch almost every sector from health care and real estate to cybersecurity and education. By 2025, the business value added by blockchain will grow to slightly more than $176 billion, then surge to exceed $3.1 trillion by2030, according to a recent forecast by Gartner.

The Blockchain Promotion Act of 2019 would direct the Department of Commerce to establish a blockchain working group to recommend a consensus-based definition of the technology. The working group would also consider recommendations for the National Telecommunications andInformation Administration (NTIA) and Federal Communications Commission (FCC) to undertake a study that would examine the potential impact of blockchain on spectrum policy and opportunities for the adoption of blockchain to promote efficiencies within the Federal government.

We stand ready to help support the Blockchain Promotion Act of 2019 and respectfully request that it be passed in the House of Representatives and Senate in the 116th Congress.

Sincerely,

Alabama

Tech Birmingham

Arizona

Arizona Technology Council (AZTC)

California

California Technology Council (CTC)

Tech San Diego

Colorado

Colorado Technology Association (CTA)

Connecticut

Connecticut Technology Council (CTC)

Florida

Palm Beach Tech Association

Georgia

Technology Association of Georgia (TAG)

Computer Measurement Group (CMG)

Idaho

Idaho Tech Council (ITC)

Illinois

Illinois Technology Association (ITA)

Iowa

Technology Association of Iowa (TAI)

Kentucky

Technology Association of Louisville Kentucky (TALK)

Missouri

KC Tech Council

Massachusetts

Massachusetts Technology Leadership Council (MassTLC)

Maryland

ASCII Group

Maryland Tech Council (MTC)

Minnesota

Minnesota High Tech Association (MHTA)

3

New Hampshire

New Hampshire High Tech Council (NHHTC)

New Jersey

New Jersey Tech Council (NJTC)

New York

New York Tech Alliance

New Mexico

New Mexico Technology Council (NMTC)

North Carolina

North Carolina Technology Association (NCTA)

North Dakota

Technology Association of North Dakota

Ohio

OHTec

Oregon

Technology Association of Oregon (TAO)

Pennsylvania

Philadelphia Alliance for Capital and Technologies (PACT)

Pittsburgh Technology Council

Tennessee

Greater Nashville Technology Council

Greater Memphis IT Council

Texas

Tech Titans

Utah

Utah Technology Council

Vermont

Vermont Technology Alliance

Washington

Washington Technology Industry Association (WTIA)

Wisconsin

Wisconsin Technology Council (WTC)

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