Trump Administration increases US commitment to Blockchain technology

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Speaking at Data Transparency 2017, at a conference on the role of open data in the government this week, two senior White House officials emphasized that distributed accounting technology is increasingly seen as important for U.S. policy and strategy.

The remarks are notable for the fact that the OMB, headed by the co-founder of the Congressional Blockchain Caucus Mick Mulvaney, is responsible for fulfilling the presidential vision of the executive branch of government, the main principle of which is to streamline bureaucracy and improve the response to citizens through technology.

In the comments of Margie Graves, the acting head of the information department at the Office of Management and Budget (OMB), who said that she will meet with blockchain defender Don Tapscott next month to discuss options for use that the government can explore, stressed that she and Mulvaney view common accounting technology as a potentially powerful tool.

In particular, Graves sees the possibility of using it in reducing fraud and waste, cutting costs and enhancing cybersecurity defenses.

Chris Liddell, presidential aide and director of strategic initiatives at the White House, also stressed that the government should approach data management with a long-term vision.

Perhaps the most important thing now, he said, is the implementation of standards of fundamental data, so that the U.S. may be able to use the potential of blockchain and other technologies moving forward.