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Proposed Bipartisan Legislation Recognizes Bitcoin As A Technology That Supports Democracy

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On Wednesday, the workplace of Rep. Gabe Amo issued a press launch stating that Rep. Amo and Rep. Kim (R-CA) reintroduced a bipartisan decision supporting the usage of distributive ledger applied sciences (DLT), together with blockchain, to “assist democratic governance, human rights, freedom of knowledge, transparency, and innovation all over the world.”

The decision (the complete textual content of which was not linked to within the press launch) urges federal businesses to discover and assist DLT and expresses Congress’ dedication to advancing accountable innovation on this technological entrance.

Rep. Kim commented on the significance of this know-how within the press launch.

“U.S. management in rising applied sciences like blockchain not solely improves People’ lives but additionally helps us advance transparency in U.S. overseas help, human rights, and freedom throughout the globe,” stated Rep. Kim.

“This laws is significant, particularly as we see the Chinese language Communist Occasion exporting its surveillance applied sciences and authoritarianism overseas. I’m proud to affix Congressman Amo to steer this bipartisan decision to make sure america shines as a beacon of hope, freedom, and innovation on the world stage,” she added.

The press launch additionally cited how, in Screven County, Georgia, the Bitcoin blockchain was used to safeguard election election outcomes and supply transparency to voters, linking to this text, which tells the story of the occasion.

Easy Proof, the corporate that helped Screven County officers commit its vote tallies to the immutable Bitcoin blockchain additionally lately helped Republicans in Williamson County, Tennessee do the identical with the outcomes of its Republican management vote.

Easy Proof put itself on the map when it helped to safe the outcomes of the latest presidential election in Guatemala, the story of which is advised within the brief documentary Immutable Democracy. Because of the vote tallies from the election being safeguarded on the Bitcoin blockchain, the integrity of the election was upheld, regardless of efforts made to tamper with bodily votes as soon as voting had concluded.

The work that the corporate has achieved each within the U.S. and overseas is a testomony to a degree Rep. Amo made within the press launch.

“Revolutionary know-how like blockchain helps promote transparency and strengthen democratic establishments all over the world,” stated the congressman.

Whereas the press launch offered proof of the Bitcoin blockchain getting used to protect democratic values, it didn’t differentiate between Bitcoin and different blockchains, a lot of which, by design, are much less safe.



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Tags: BipartisanBitcoinDemocracyLegislationProposedRecognizesSupportsTechnology
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