Bitcoin Magazine
Proposed Bipartisan Legislation Recognizes Bitcoin As A Technology That Supports Democracy
On Wednesday, the workplace of Representative Gabe Amo released a news release showing that he and Representative Kim (R-CA) have actually reestablished a bipartisan resolution that backs the usage of dispersed journal innovations (DLT), consisting of blockchain, to “support democratic governance, human rights, freedom of information, transparency, and innovation globally.”
This resolution, the complete text of which was not consisted of in journalism release, hires federal companies to examine and back DLT while revealing Congress’s dedication to promoting accountable development within this technological domain.
In journalism release, Representative Kim highlighted the significance of this technology, mentioning, “U.S. leadership in emerging technologies like blockchain not only improves Americans’ lives but also aids in advancing transparency in U.S. foreign assistance, human rights, and freedom across the globe.”
She even more asserted, “This legislation is vital, especially as we witness the Chinese Communist Party exporting its surveillance technologies and authoritarian measures internationally. I am proud to join Congressman Amo in spearheading this bipartisan resolution to ensure that the United States remains a beacon of hope, freedom, and innovation on the global stage.”
The news release supplied an example from Screven County, Georgia, where the Bitcoin blockchain was used to protect election results and make sure openness for citizens, as referenced in an accompanying post.
Simple Proof, the company that helped with the dedication of vote tallies to the immutable Bitcoin blockchain in Screven County, also just recently helped Republicans in Williamson County, Tennessee, in protecting arise from their Republican management vote.
Notably, Simple Proof got acknowledgment for its function in securing the outcomes of the most current governmental election in Guatemala, a narrative caught in the documentary “Immutable Democracy.” The immutability of the election results on the Bitcoin blockchain served to promote the election’s stability regardless of efforts to damage physical votes after ballot concluded.
The contributions of Simple Proof in both the United States and abroad enhance a point made by Representative Amo in journalism release: “Innovative technology like blockchain helps promote transparency and strengthen democratic institutions globally.”
While journalism release effectively highlighted circumstances of the Bitcoin blockchain being used to promote democratic worths, it fell short in identifying Bitcoin from other blockchains, much of which are naturally less safe and secure by style.
This post, entitled “Proposed Bipartisan Legislation Recognizes Bitcoin As A Technology That Supports Democracy,” initially appeared on Bitcoin Magazine and was authored by Frank Corva.
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