US Govt. Telecom Agency wants to back Entrepreneurs using Blockchain Technology
The National Telecommunications and Information Administration (NTIA), a wing of the U.S. Department of Commerce, desires to help American entrepreneurs using blockchain technologies.
On Tuesday, the agency published a notice of inquiry, asking respondents to suggest ideas for new policies encompassing a host of areas, including emerging technologies, privacy, and cybersecurity, internet governance, and information free-flow NTIA administrator Mr. David Redl wrote “all interested stakeholders” to give inputs, which will then “inform NTIA’s international internet policy priorities going forward.”
As per the notice, the priorities will assist the agency “encourage growth and innovation for the internet and internet-enabled economy.”
In his post Mr. David Redl specified:
“We want risk-taking American entrepreneurs to have access to global markets for their digital products and services. We believe that in the coming years, our focus will increasingly be on blockchain technologies, artificial intelligence, automated workforces, and more. We need to know how we should participate in international discussions of these issues.”
As per the Site, the NTIA is the agency “principally responsible for advising the President on telecommunications and information policy issues.” The organization further noted that part of its mission is to assure “that the internet remains an engine for continued innovation and economic growth.”
While the agency has not made any firm policies in the blockchain space yet, its parent department, the Department of Commerce, has discussed using the nascent technology to record digital copyright information, as previously reported.
Mr. David Redl said internet policymaker at the 2018 State of the Net conference that his agency will support the U.S. lead on emerging technologies, referring blockchain technology as one area in particular where he hopes the industry members will back the government “make the right choices.”