,i  #aafth ,,congress  #b;d ,session    
,h4 ,r4 #fich  ,,in ,,the ,,house ,,of  
,,representatives  ,may #ai1 #bjbj,mr4  
,guthrie introduced the following bill2 
which was referred to the ,committee on 
,energy and ,commerce1 and in addition  
to the ,committees on ,science1 ,space1 
and ,technology1 and ,foreign ,affairs1 
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  ,a ,,bill  ,to     
require the ,secretary of ,commerce and 
the ,federal ,trade ,commission to      
conduct a study on blockchain           
technology1 and for other purposes4  #a4
 ,short title ,this ,act may be cited as
 the ,advancing ,blockchain ,act4  #b4  
,blockchain technology study  7a7 ,in   
general  7#a7 ,study required ,not later
 than #b years after the date of the    
enactment of this ,act1 the ,secretary  
of ,commerce and the ,federal ,trade    
,commission1 in coordination with the   

head of any other appropriate ,federal  
agency1 shall conduct a study on the    
impact of blockchain technology on      
,united ,states businesses conducting   
interstate commerce4  7#b7 ,requirements
 for study ,in conducting the study1 the
 ,secretary and the ,commission shall do
 the following3 7,a7 ,conduct a survey  
on blockchain technology through        
outreach to participating entities to-- 
7i7 establish a list of the industry    
sectors that develop and use blockchain 
technology2  7ii7 establish a list of   
public-private partnerships focused on  
promoting the adoption1 and use of      
blockchain technology2  7iii7 provide a 
description of the ways industry sectors
 develop1 use1 or promote the use of    
blockchain technology2  7iv7 provide a  
description of the advantages or        
disadvantages of the widespread adoption
 of blockchain technology2 and  7v7     
consider how blockchain technology may  
be used to-- 7,i7 increase market       
competition in each of the industry     

sectors identified under clause 7i72    
7,,ii7 increase individual's data       
privacy and enhance data security2      
7,,iii7 better protect individual's     
identity2  7,,iv7 better secure monetary
 transactions2 and  7,v7 any other use  
that may benefit society4  7,b7 ,conduct
 a survey of ,federal activity related  
to blockchain technology to-- 7i7       
establish a comprehensive list of       
,federal agencies asserting jurisdiction
 over entities and industry sectors     
identified under subparagraph 7,a77i72  
7ii7 identify all interagency activities
 related to blockchain technology2      
7iii7 develop a brief description of the
 jurisdiction and expertise of the      
,federal agencies as it relates to      
blockchain technology2 and  7iv7        
identify each ,federal rule1 regulation1
 guideline1 policy1 and other ,federal  
activity implemented by each ,federal   
agency related to blockchain4  7,c7     
,conduct an international survey of     
other countries to establish a          

compendium at least #aj and not more    
than #ae countries consisting of each   
country's national strategy on          
blockchain technology to determine where
 the ,united ,states ranks with respect 
to the adoption of blockchain           
technology4  7,d7 ,conduct a survey of  
the marketplace and supply chain of     
blockchain to-- 7i7 assess the severity 
of risks posed to such marketplace and  
supply chain2  7ii7 review the ability  
of foreign governments or third parties 
to exploit such supply chain in a manner
 that raises risks to the economic and  
national security of the ,united        
,states2 and  7iii7 identify emerging   
risks and long-term trends in such      
marketplace and supply chain4  7b7      
,report to ,congress ,not later than #f 
months after the completion of the study
 required pursuant to subsection 7a71   
the ,secretary and the ,commission1 in  
coordination with the head of any other 
appropriate ,federal agency1 shall      
submit to the ,committee on ,energy and 

,commerce of the ,house of              
,representatives and the ,committee on  
,commerce1 ,science1 and ,transportation
 of the ,senate a report that contains--
 7#a7 the results of the study conducted
 under subsection 7a72 and  7#b7        
recommendations to-- 7,a7 address any   
duplicative ,federal rule1 regulation1  
guideline1 and other ,federal activity  
acting as a barrier to the adoption of  
blockchain technology2  7,b7 develop and
 implement a comprehensive plan to      
promote the growth of the adoption of   
blockchain technology2  7,c7 develop    
policies that ,states can adopt to      
encourage the adoption of blockchain2   
7,d7 develop a national strategy to     
advance the position in the world of    
business sectors in the ,united ,states 
on the adoption of blockchain           
technology2  7,e7 develop strategies to 
mitigate current and emerging risks to  
the marketplace and supply chain of     
blockchain2 and  7,f7 develop           
legislation to accomplish such          

recommendations4