Distributed Ledger Technology Among Eight Major Sectors
The White House has identified eight technology sectors that will have a significant economic impact in the near future, including distributed ledger technology (DLT) and digital identity infrastructure. By focusing on these emerging technologies, the U.S. government aims to maintain its global leadership in technology innovation and development.
International Standards for DLT and Digital Infrastructure
The national strategy emphasizes the importance of building international standards for these technologies, working in collaboration with the private sector to establish a strong foundation for future development. Past examples of successful public-private partnerships include the development of 3G and LTE standards in the telecom and communications sector.
Potential Use Cases in Economic Sector
DLT and digital infrastructure are expected to have widespread applications in various economic sectors. The national strategy highlights automated and connected infrastructure as key areas where these technologies can be actively tested and implemented. This includes smart communities and the Internet of Things (IoT), as well as cybersecurity and privacy-based features and services.
By setting international standards for DLT and digital infrastructure, the White House aims to ensure that the United States remains at the forefront of technological innovation and economic growth.
Embracing the Future of Technology and Economic Growth
In conclusion, the White House’s national strategy demonstrates a commitment to nurturing the growth and development of key emerging technologies like DLT and digital infrastructure. By focusing on international standards and fostering collaboration between the public and private sectors, the United States is positioning itself to maintain its leadership in the global technology landscape. As these technologies continue to evolve and find applications in various economic sectors, the nation can expect to reap the benefits of increased innovation, security, and efficiency, paving the way for a more prosperous and technologically advanced future.
