Is blockchain new battlefield in US-China tech war?
The US governing administration is prioritizing “distributed ledger technologies” (DLT), the tech underpinning cryptocurrency and blockchain, in its system for maintaining the superpower’s edge around its rival China.
DLT is one particular of 20 focus areas on the Nationwide Stability Council’s “critical and emerging technologies” shortlist, which was released Thursday, Coindesk stories.
The NSC’s approach phone calls for investing in, producing, adopting and advertising the technologies.
Artificial intelligence, facts science, quantum computing and “space systems,” weapons of mass destruction mitigation systems are also involved on the shortlist.
Even so, the doc did not have any hard figures or a distinct implementation system.
Some branches of the US authorities are now investing in blockchain infrastructure, most conspicuously the Department of Homeland Safety.
The US armed service is also inspecting DLT’s probable applications in overcome operations.
Beijing has been enthusiastic about the tech’s possible for some time now. A condition-sanctioned dispersed community for internet hosting dapps and world-wide-web providers was introduced before this 12 months.
Having said that, it is not still very clear how point out-sponsored DLT use instances are seen by Russia’s federal government.