HR 8065 — National R & D Strategy for Distributed Ledger Technology Act of 2022

1 sponsors · 5 co-sponsors · 541 not signed on

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Frequently asked questions

What does HR 8065 do?

National R & D Strategy for Distributed Ledger Technology Act of 2022 This bill provides for a national strategy and research and development regarding technologies related to distributed ledgers (e.g., blockchain or Bitcoin). A distributed ledger is a ledger that is shared across and synchronized between a set of distributed nodes (i.e., devices or processes) in a network that store a complete or partial replica of the ledger and meet other requirements. The Office of Science and Technology Policy must develop a national strategy for the research and development of distributed ledger technologies and their applications, including applications of public and permissionless distributed ledgers. The office must coordinate with the National Science and Technology Council and other relevant federal agencies, as appropriate, on the strategy. The national strategy shall include plans to support public and private sector investment and partnerships in research and technology development for societally beneficial applications of distributed ledger technologies, and an identification of additional resources, administrative action, or legislative action recommended to assist with the implementation of such strategy. The National Science Foundation shall make competitive awards to institutions of higher education or nonprofit organizations (or their consortia) to support research, including interdisciplinary research, on distributed ledger technologies and their applications. The National Institute of Standards and Technology may carry out an applied research project to study and demonstrate the potential benefits and unique capabilities of distributed ledger technologies.

Who sponsors HR 8065?

HR 8065 is sponsored by Waltz, Michael (Republican), Soto, Darren (Democratic), Donalds, Byron (Republican), Swalwell, Eric (Democratic), Gottheimer, Josh (Democratic), and Mace, Nancy (Republican).

What is the current status of HR 8065?

This bill died with 117th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

Where can I track HR 8065?

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