Emphasizing the importance and power of distributed ledger technologies (DLT) to support democratic governance, human rights, internet freedom, and transparency.
The resolution urges various U.S. government departments and agencies to explore and support DLT applications that can strengthen democratic structures and improve public services. Notably, it highlights DLT's potential in creating decentralized platforms that help combat censorship and facilitate the free flow of information, crucial for safeguarding freedom of speech. The structured push towards adopting DLT aims to ensure public accountability in both government actions and transactions.
House Resolution 1622 emphasizes the critical role of distributed ledger technologies (DLT), including blockchain, in promoting democratic governance, enhancing transparency, and safeguarding human rights. The resolution recognizes DLT's capabilities in facilitating secure information sharing, improving services to citizens, and combating issues like misinformation and corruption. By promoting DLT, the bill intends to bolster systems that ensure integrity in governance while supporting humanitarian practices globally.
While the bill has clear proponents advocating for technological advancement and democratic resilience, concerns surrounding the ethical use of DLT persist. Critics might argue that without a rigorous regulatory framework, DLT could be misused by malicious actors, potentially undermining the very democratic values it seeks to uphold. There exists a discourse about ensuring accessibility while leveraging DLT for transparency, mandating careful oversight to prevent any unintended consequences that could arise from its deployment.