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)
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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)