chamber-of-digital-commerce

The Chamber of Digital Commerce is a non-profit organization launched in 2014. Find out everything you need to know about this advocacy group today in our review.

What is the Chamber of Digital Commerce?

The Chamber of Digital Commerce is an American advocacy group built to promote the blockchain industry, digital currencies, ICOs, digital assets, and bitcoin. The organization participates in political lobbying activities while also launching educational initiatives.

The Chamber of Digital Commerce is headquartered in Washington, D.C. The non-profit was founded in July 2014 by Perianne Boring, and achieved non-profit status from the IRS later that year. The organization made headlines in 2015 when former JPMorgan Chase executive Blythe Masters was appointed to the advisory board.

Today, the Chamber of Digital Commerce is known for launching events like “Congressional Blockchain Education Day”, which took place in July 2017. During that event, 70+ member companies joined the Chamber of Digital Commerce in over 100 meetings with Congressional representatives, senators, and committees. The event was designed to spread education about blockchain technology among the leaders of America’s political system.

The Chamber of Digital Commerce is also an America-focused organization. One of the company’s goals is to “ensure that America remains the epicenter of this breakthrough technology.”

Chamber of Digital Commerce Membership

You can become a member of the Chamber of Digital Commerce to show your support for blockchain lobbying. By becoming a member, you gain access to policymakers and industry leaders and take part in developing a unified voice for the blockchain technology ecosystem.

Chamber members also benefit from the Chamber’s policy efforts on Capitol Hill. These benefits extend to state legislative and regulatory levels. And, as a Chamber member, you gain value from the Chamber’s expertise in supporting industry initiatives like privacy, security, smart contracts, consumer protections, and financial access.

If you’re interested in becoming a member of the Chamber of Digital Commerce, there are two types of memberships available:

Industry Memberships: These memberships are available to corporations, companies, IT professionals, and individual consultants involved with blockchain technology or digital currencies.

Lawyers’ Committee: These memberships include law firms, in-house counsel, and individual legal practitioners.

As a member, you will be invited to participate in Chamber working groups and initiatives. You’ll also be listed in one of six different aspects of the organization, including as part of the Executive Committee or President’s Circle, or as an Ambassador, Diplomat, Lawyers’ Committee (Elite), or Lawyers’ Committee (Advocate).

Chamber of Digital Commerce Pricing

Chamber of Digital Commerce is available at the following price levels. Membership fees are charged on an annual basis:

  • Lawyers’ Committee (Advocate): $10,000
  • Lawyers’ Committee (Elite): $30,000
  • Diplomat: $5,000
  • Ambassador: $10,000
  • President’s Circle: $25,000
  • Executive Committee: $50,000

Chamber of Digital Commerce Organizations

Chamber of Digital Commerce has a number of different working groups and initiatives that are active across the industry today. The company’s main organizations and initiatives include:

Blockchain Alliance: This is a public/private forum designed to work as a partnership between law enforcement and the blockchain community to help crack down on illegal activity.

Digital Asset Accounting Consortium: This consortium is seeking to develop accounting and reporting standards for digital assets and blockchain-based technologies.

Global Blockchain Forum: This initiative works with the world’s leading blockchain policy experts to develop industry best practices and help shape global regulatory interoperability.

Smart Contracts Alliance: The Smart Contracts Alliance promotes the real-world applications of smart contracts to enhance current business models. Obviously, smart contracts are already having an enormous impact on the business world, and the Smart Contracts Alliance wants to ensure businesses know how to take full advantage of the growing technology.

State Working Group: This group works with state and local governments on the regulation and implementation of blockchain-based technologies.

DC Blockchain Center: This is Washington, DC’s entrepreneurial resource for technology providers and governments investing in – and innovating with – blockchain-based technologies.

Token Alliance: This group seeks to create and encourage the use of best practices and frameworks for the responsible issuance of digital tokens.

Blockchain Intellectual Property Council: This council seeks to balance the protection of proprietary information with the openness necessary for innovation.

Chamber of Digital Commerce Events

The Chamber of Digital Commerce leads various events throughout the year. Past events have included the DC Blockchain Center’s End of Summer Speaker Series, or the DC Blockchain Summit of 2017.

The next major event for the organization is the Latin American Blockchain Forum, taking place in Mexico on November 9-10, 2017.

You can keep up-to-date on the latest Chamber of Digital Commerce events by visiting online today at https://digitalchamber.org/our-events/.

Conclusion

Chamber of Digital Commerce is an advocacy and lobbying organization based in Washington, DC. The organization aims to promote the education and regulation of blockchain technologies to the nation’s policymakers and lawmakers on behalf of blockchain companies. You can learn more about the organization and their initiatives by visiting online today at DigitalChamber.org.

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