Trump Admin Shows Support On Blockchain

In News

What is Trump’s plan?

Trump’s admin has been getting a lot of bash lately, but how do you think crypto and blockchain fanatics would react to this?

Trump has shown interest towards blockchain technology. Now the question is, how long would this interest last? Read more about it below.

President Trump administration has reaffirmed its commitment to Blockchain technology adoption in government operations as an important policy and strategy. This was reiterated by two senior White House officials at the Data Transparency 2017 conferenceheld in late September.

In her conference remarks, US Office of Management and Budget acting federal chief information officer Margie Graves, the federal government is exploring several forward-leaning capabilities of artificial intelligence and Blockchain that could benefit the operations of the government.

Graves specifically claimed that Blockchain or distributed ledger technology (DLT) can be used to reduce waste, spending and incidence of fraud, as well as bolster cybersecurity defenses of the country.

“These kinds of technologies are always something that we should explore. I don’t want my customers to be the last to know, or to be the last to be able to take advantage of some of these.”

Meanwhile, White House director of strategic initiatives and assistant to the president, Chris Liddel, stressed that the federal government should start implementing the foundational data standards to position the country in harnessing the potential of Blockchain and other technologies in the coming years.

“Whether it is Blockchain, artificial intelligence or perhaps a new technology that hasn’t yet been envisaged, standardized data will help ensure the government stays current of technology’s latest trends.”

Blockchain projects by US government agencies

Several US government agencies, including the Centers for Disease Control and Prevention (CDC) and the General Services Administration (GSA), are already piloting Blockchain in their operations

The CDC has launched a pilot project for the use of the technology during disaster relief operations, particularly on public health data surveillance aimed at preventing the spread of preventive and chronic diseases.

The GSA, meanwhile, is advancing a program to develop a Blockchain-based system which is aimed at replacing the Fastlane procurement system for information technology projects.

via Cointelegraph

You may also read!

Ridesharing App

Ridesharing App, Blockchain Startup Team Up in Tokenizing Healthcare Transport

Global ridesharing app, Lyft has worked with blockchain startup Solve.Care. The partnership aims to tokenize healthcare-related transport appointments. The

Korean Crypto Market

Korean Crypto Market Relies on US Bitcoin ETF Decision

The existence of several cryptocurrencies in the market and its unstoppable worldwide circulation has drawn the attention of the


Blockchain Helps Companies Maintain Brand Promise

It seems like companies are now learning how to unmask the powers of the blockchain and apply it to


Leave a reply:

Your email address will not be published.

Mobile Sliding Menu