Report Urges US Government To Focus On Blockchain, Crypto And A ‘digital Dollar’

As the COVID-19 pandemic unfolds, the Biden–Harris administration has begun implementing new strategies to restore the U.S. economy. While notable, implementing emerging technologies, while ensuring data privacy, should also be a top priority for the White House administration to consider.

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Don Tapscott, executive chairman of the Blockchain Research Institute — a think tank aimed at advancing blockchain and other emerging technologies — told Cointelegraph that the COVID-19 pandemic has spurred an era, in which government leaders must now acknowledge digital realities: “This is the time for government leaders to develop a comprehensive framework for achieving prosperity, justice, sustainability, social cohesion and good government.”

Tapscott believes that the world is facing the advent of “the second era of the digital age,” which he describes as a trivergance of artificial intelligence, the Internet of Things and blockchain technologies. As such, an innovation push is taking place — one that is forcing federal leaders to become knowledgeable about how these technologies can be enforced on a government level.