New U.S. Bill Aims to Introduce Blockchain into Federal Systems

Representative Darren Soto, a Democrat from Florida’s 9th district, filed the bill H.R.9067 on Thursday, December 31, 2020. H.R.9067 aims to “establish an office within the Department of Commerce to coordinate all non-defense related deployment and activities related to blockchain technology within the Federal Government.” The full contents of this bill have not yet been publicized but those interested can keep an eye on the official filing of the bill.

Rep. Soto is a steadfast champion of the introduction of blockchain into government systems and he currently accepts cryptocurrencies for campaign donations.

U.S. Postal System Files Blockchain Patents

His action follows the interesting news that the U.S. Postal Service filed a blockchain-based voting system patent following Donald Trump’s statements regarding election fraud and defunding the U.S. Postal Service. The patent states that the new voting system, “incorporates the use of cryptographic elements, such as blockchains, as are used with cryptographic currencies, to track and secure the vote by mail system.” 

This is the U.S. Postal service’s second filed concept following a 2018 patent that would utilize the blockchain to verify user/voter identification. This patent suggests:

“implementing a digital trust architecture, comprising: a user account enrollment and verification component, configured to: receive, from a network, user identity information from a user computer; receive additional user identity information over a network from an in-person verification system, verify a user account based on the user identity information and the additional user identity information; and provision a user account based on the verification and the user identity information; a key provisioning component configured to generate a public and private key for the user account; a user email component, configured to: generate an email from the user, sign the email using the private key, and transmit the email over a network to a recipient computer; a data access component, configured to: select sensitive data; grant permission to access the sensitive data, and revoke access to sensitive data; a blockchain component, configured to: receive records from the user; and add the records to a blockchain.”

Overall Success of Blockchain and Cryptocurrencies following governmental adoption!

Wide-spread adoption of blockchain and cryptocurrencies rely on contracts and implementations exactly like these. With the validation of the U.S. government and the successful adoption of a massive blockchain election, blockchain would prove its technological superiority over our current systems. All of this would undoubtedly result in increased financial success for early adopters and investors in the blockchain and cryptocurrency financial sector.

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