As the COVID-19 pandemic progressed, the Biden Harris administration embarked on new strategies to rebuild the US economy. While this is remarkable, including new technology while ensuring privacy should also be a top priority for the White House administration.
Don Tapscott, CEO of the Blockchain Research Institute, a research center dedicated to developing blockchain and other emerging technologies, told Cointelegraph that the COVID-19 pandemic has caused government leaders to realize digital reality: It is time for government leaders to develop an inclusive system based on prosperity, justice, sustainability, social cohesion and governance. Rational. ”
Tapscott believes the world is on the cusp of a “second era of the digital age,” which he describes as a trilogy of artificial intelligence, the Internet of Things, and blockchain technologies. Consequently, there is innovative pressure on federal leaders to learn how to apply these technologies at the government level.
The BRI report focuses on blockchain and sovereign identity.
In an effort to raise awareness of new technologies, the Belt and Road Initiative and the Digital Chamber of Commerce – the capital-based trade association that represents digital assets and the blockchain industry – produced a 120-page report outlining how US government officials can think about their technology strategy. . … and politics. The paper also explains how managers can reduce the unwanted effects of new technologies, such as data misuse or job loss, from the use of AI-powered devices.
The report identifies a series of five priorities to assist the Biden Harris administration in implementing a long-term digital strategy. These include using cybersecurity to protect identity and privacy; Understanding the digital dollar and other cryptocurrencies; Communicating with citizens and holding those responsible accountable; Stimulating the Innovative American Economy. And retrain government services.
Although each of these issues is significant, Tapscott indicated that blockchain technology in particular serves as a crucial basis. For example, he explained that the COVID-19 pandemic has demonstrated that traditional supply chains are inadequate, and as a result, the BRI report proposes blockchain-based networks capable of providing multilateral trust and transparency. For example, the document mentions the introduction of the COVID-19 vaccine, which indicates that greater speed and efficiency is entirely possible with the blockchain network:
With blockchain technologies, collective coordination is no longer an impossible task. Digital governance in America, thinking of a cryptocurrency compliance service at every point in the supply chain process, and a clear map of the business path can set the US economy on a recovery path. ”
This idea is already being implemented in different parts of the world. For example, a UK digital activity tracking provider known as Everyware is working with the UK’s National Health Service on a blockchain system to manage a COVID-19 vaccine storage facility. Brazil also wants to use blockchain to track those who have received the COVID-19 vaccine.
Despite the impressive result, the report notes that the previous Trump administration made little progress in modernization and digitization, noting:
“Most agencies continue to deal with an abundance of outdated technologies, outdated business processes and even outdated management and resource processes, all of which are related to cybersecurity and profitability issues. As a result, many agencies have failed to fully meet citizens’ expectations for safe public services.”
Regardless, Tapscott still hopes the new Biden-Harris administration will play a crucial role in ensuring that the technology works for American citizens. However, the report also highlights the importance of a stand-alone digital identity.
According to the document, data has become a new asset class in the digital age, but as citizens create data, tech clusters are using this information on a daily basis. While Facebook is one of the most well-known examples of companies using user data, privacy apps like Telegram have also recently suffered from data breaches.