President Trump's Administration Commits Blockchain Technology Resources

US Trump Administration has recently announced their commitment to Blockchain technology adoption as an important element of strategy and policy in government operations. The Trump administration has previously stated that the US Government will be pursuing blockchain technology, but this sentiment has recently been reiterated by two senior White House officials at the September Data Transparency 2017 conference.

At the conference, the US Office of Management and Budget acting federal chief information officer Margie Graves stated that the federal government is currently exploring a number of forward-leaning applications of artificial intelligence and blockchain solutions that could potentially benefit government operations.

Graves specifically noted that blockchain and distributed ledger technology shows promise in reducing spending, waste, and fraud, as well as enhance the existing cybersecurity defenses of the country:

“These kinds of technologies are always something that we should explore. I don't want my customers to be the last to know, or to be the last to be able to take advantage of some of these.”

Chris Liddel, the White House director of strategic initiatives and assistant to the president, has also stated that the federal government has made the implementation of foundational data standards a priority in order to place the country in a position that will allow it to leverage the potential of blockchain technology in the future:

“Whether it is Blockchain, artificial intelligence or perhaps a new technology that hasn't yet been envisaged, standardized data will help ensure the government stays current of technology's latest trends.”

A number of blockchain projects funded by the US government are already underway. The Center for Disease is currently running a pilot project that uses blockchain technology during disaster relief operations. The project is focused on monitoring public health data surveillance in order to prevent the spread of chronic diseases.

The General Services Administration is also integrating blockchain technology into several projects, and is developing a blockchain-based system that is intended to replace the Fastlane procurement system for new information technology projects.

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