US Lawmakers Seek Common Definition Of Blockchain Technology

Blockchain, News, Regulation | October 4, 2018 By:

Two US representatives have introduced a bill that would create a common definition of blockchain.

Proposed by representatives Doris Matsui and Brett Guthrie, bill H.R. 6913, dubbed the Blockchain Promotion Act of 2018, would direct the Department of Commerce to establish a blockchain working group to recommend a consensus-based definition of the technology.