,,iv #aaeth ,,congress #b;d ,session ,h4 ,,res4 #aajb ,,in ,,the ,,house ,,of ,,representatives ,september #bh1 #bjah,mr4 ,emmer 7for himself1 ,mr4 ,soto1 ,mr4 ,schweikert1 ,mr4 ,polis1 and ,mr4 ,mc,henry7 submitted the following resolution2 which was referred to the ,committee on ,energy and ,commerce1 and in addition to the ,committee on ,financial ,services1 for a period to be subsequently determined by the ,speaker1 in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned ,,resolution ,expressing support for digital currencies and blockchain technology4 ,whereas the emergence of blockchain networks in many ways parallels the emergence of the internet at the end of the #bjth century2 ,whereas the internet flourished in part due to a light-touch regulatory approach embodied by the ,united ,states ,government's five principles for the ,global ,information ,infrastructure2 ,whereas blockchain networks1 exemplified by digital currencies1 can today facilitate critical services such as value transfer directly between users2 ,whereas the global proliferation of smart mobile devices may1 when combined with blockchain networks1 provide banking and financial services to those who are underserved by the existing financial sector2 ,whereas blockchain networks may prove useful for establishing trustworthy decentralized computing services that go beyond value transfer1 including identity1 security for the ,internet of ,things1 rights management for digital content1 efficiencies in insurance1 energy1 health care1 and instant execution1 monitoring1 and enforcement of contractual terms2 ,whereas the ability to record transactions on a blockchain offers new approaches for the ,united ,states ,government to improve transparency1 prevent fraud1 enhance citizen services1 and establish trust2 ,whereas blockchain technology promotes transparency1 efficiency1 and certainty across many business processes1 which increases access to capital1 encourages innovation1 promotes job creation1 and stimulates economic growth2 ,whereas foreign governments are exploring the use of blockchain technology to enable government agencies to experiment1 build1 and deploy digital services for citizens based on blockchain technology2 ,whereas digital currency companies are still finding homes outside of the ,united ,states1 and other countries are devising policies and strategies to embrace these new technologies2 ,whereas blockchain technology facilitates new types of network participation1 including fundraising1 access1 and use through digital token distributions1 which ,american businesses can use in many innovative ways2 ,whereas digital currencies and tokens are not homogeneous1 but instead may function as a representation of many different physical or intangible things1 including securities1 digital assets1 data points1 currencies1 licenses1 records1 and many other items2 and ,whereas ,united ,states financial regulators1 the ,general ,services ,administration 7,,gsa71 and other agencies have collaborated to explore potential use cases to adopt these new technologies to make government more efficient and effective3 ,now1 therefore1 be it ,that it is the sense of the ,house of ,representatives that-- 7#a7 the ,united ,states should prioritize accelerating the development of blockchain technology to support transparency1 security1 and authentication in a way that recognizes its benefits and allows consumer protection while supporting future innovation2 7#b7 the ,united ,states ,government should create an environment that enables the ,american private sector to lead on blockchain innovation and further the growth and success of blockchain networks and digital currencies2 7#c7 ,united ,states ,federal agencies should work toward a coordinated framework to support digital currencies and blockchain technology2 7#d7 the ,united ,states should avoid undue restrictions on blockchain networks and the trustworthy decentralized computing services they facilitate2 7#e7 the ,united ,states ,government has a responsibility to prevent and condemn illicit use of digital currencies and blockchain technology1 and its aim should be to support and enforce a predictable1 light touch1 consistent1 and simple legal environment for services facilitated by blockchain networks2 and 7#f7 the ,united ,states recognizes the potential benefits and broad use of digital currencies and blockchain technology to enhance public services1 and enable more business growth1 capital formation1 and capital investment4