,,ii #aai? ,,congress #a/ ,session ,s4 #adib ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,april #aj1 #bjbe,mr4 ,mor5o 7= himself1 ,ms4 ,blunt ,ro*e/]1 & ,mr4 ,%eehy7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,comm]ce1 ,sci5ce1 & ,transportation ,a ,,bill ,to require ! ,secret>y ( ,comm]ce support ! lead]%ip ( ! ,unit$ ,/ates ) respect to ! deploym5t1 use1 application1 & competitiv5ess ( block*a9 te*nology1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,deploy+ ,am]ican ,block*a9s ,act ( #bjbe4 #b4 ,def9itions ,9 ?is ,act3 7#a7 ,advisory committee ,! t]m ,advisory ,committee means ! ,national ,block*a9 ,deploym5t ,advisory ,committee e/abli%$ pursuant to section #fjc7;c74 7#b7 ,block*a9 te*nology or o!r di/ribut$ l$g] te*nology ,! t]m block*a9 te*nology or o!r di/ribut$ l$g] te*nology means a di/ribut$ digital database :]e data is-- 7,a7 %>$ across a network ( comput]s to create a l$g] ( v]ifi$ in=mation among network p>ticipants2 7,b7 l9k$ us+ cryptography to ma9ta9 ! integrity ( ! l$g] & to execute o!r functions2 & 7,c7 di/ribut$ among network p>ticipants 9 an automat$ fa%ion to concurr5tly update network p>ticipants on ! /ate ( ! l$g] & o!r functions4 7#c7 ,cov]$ nongov]nm5tal repres5tative ,! t]m cov]$ nongov]nm5tal repres5tative means a repres5tative z specifi$ 9 ! second s5t5ce ( section #ace7;b77#a7 ( ! ,trade ,act ( #aigd 7#ai ,u4,s4,c4 #baee7;b77#a771 except t su* t]m does n include a repres5tative ( a non-,f$]al gov]nm5t4 7#d7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,comm]ce4 7#e7 ,/ate ,! t]m ,/ate means ea* ( ! sev]al ,/ates1 ! ,di/rict ( ,columbia1 ea* commonweal?1 t]ritory1 or possession ( ! ,unit$ ,/ates1 & ea* f$]ally recogniz$ ,indian ,tribe4 7#f7 ,tok5 ,! t]m tok5 means a transf]able1 digital repres5tation ( in=mation record$ on block*a9 te*nology or o!r di/ribut$ l$g] te*nology4 7#g7 ,tok5ization ,! t]m tok5ization means ! process ( creat+ a tok54 #c4 ,dep>tm5t ( comm]ce lead]%ip on block*a9 7a7 ,function ( ,secret>y ,! ,secret>y %all s]ve z a pr9cipal advisor to ! ,presid5t = policy p]ta9+ to ! deploym5t1 use1 application1 & competitiv5ess ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization4 7b7 ,activities ,! ,secret>y %all support ! lead]%ip ( ! ,unit$ ,/ates ) respect to ! deploym5t1 use1 application1 & competitiv5ess ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization by organiz+ ! ,advisory ,committee-- 7#a7 to exam9e & to provide recomm5dations on issues & risks relat+ to ! deploym5t1 use1 application1 & competitiv5ess ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization1 includ+ ! issues ( dec5traliz$ id5tity1 cyb]security1 key /orage & security sy/ems1 artificial intellig5ce1 fraud r$uction1 regulatory compliance1 e-comm]ce1 heal? c>e applications1 & supply *a9 resili5cy2 7#b7 to support & to promote ! improvem5t & security ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 7#c7 to help to promote ! lead]%ip ( ! ,unit$ ,/ates ) respect to ! deploym5t1 use1 application1 & competitiv5ess ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 7#d7 to promote ! national security ( ! ,unit$ ,/ates ) respect to block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 7#e7 to support engagem5t ) ! public to develop a comp5dium ( proposals = practices z "p ( ! "w describ$ 9 subsection 7d72 7#f7 to consid] policies to enc\rage coord9ation among ,f$]al ag5cies ) respect to ! deploym5t ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 7#g7 to exam9e-- 7,a7 h[ ,f$]al ag5cies c b5efit f utiliz+ block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 7,b7 ! curr5t use by ,f$]al ag5cies ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 7,c7 ! curr5t & future prep>$ness & ability ( ,f$]al ag5cies to adopt block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 & 7,d7 additional security measures ,f$]al ag5cies may ne$ to take-- 7i7 to securely use block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization1 includ+ to support ! security ( critical infra/ructure2 & 7ii7 to enhance ! resili5cy ( ,f$]al sy/ems aga9/ cyb] ?reats to block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 & 7#h7 to support coord9ation ( ! activities ( ! ,f$]al ,gov]nm5t relat+ to ! security ( block*a9 te*nology & o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization4 7c7 ,e/abli%m5t ( national block*a9 deploym5t advisory committee 7#a7 ,e/abli%m5t 7,a7 ,9 g5]al ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y %all1 9 consultation ) ! heads ( relevant ,f$]al ag5cies1 e/abli% an advisory committee to support ! adoption ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization4 7,b7 ,designation ,! advisory committee e/abli%$ pursuant to subp>agraph 7,a7 %all be kn[n z ! ,national ,block*a9 ,deploym5t ,advisory ,committee4 7#b7 ,memb]%ip composition ,! ,advisory ,committee %all consi/ ( memb]s appo9t$ by ! ,secret>y1 :i* %all include-- 7,a7 ! ,secret>y2 7,b7 repres5tatives ( ,f$]al ag5cies 7z det]m9$ necess>y by ! ,secret>y72 & 7,c7 cov]$ nongov]nm5tal repres5tatives ) exp]tise relat$ to block*a9 te*nology or o!r di/ribut$ l$g] te*nology 7z det]m9$ necess>y by ! ,secret>y71 :i* may include-- 7i7 block*a9 te*nology or o!r di/ribut$ l$g] te*nology infra/ructure op]ators1 suppli]s1 s]vice provid]s1 & v5dors2 7ii7 application develop]s build+ on block*a9 te*nology or o!r di/ribut$ l$g] te*nology2 7iii7 develop]s & organizations support+ ! advancem5t & deploym5t ( public block*a9 te*nology or o!r di/ribut$ l$g] te*nology2 7iv7 subject matt] exp]ts repres5t+ indu/rial sectors t c b5efit f block*a9 te*nology or o!r di/ribut$ l$g] te*nology2 7v7 small1 m$ium1 & l>ge bus9esses2 7vi7 ?9k tanks & academia2 7vii7 nonpr(it organizations & consum] gr\ps2 7viii7 cyb]security exp]ts2 7ix7 rural /akehold]s2 7x7 cov]$ nongov]nm5tal repres5tatives2 & 7xi7 arti/s & ! cont5t creator community4 7#c7 ,t]m9ation ( advisory committee ,! ,advisory ,committee %all t]m9ate on ! date t is #g ye>s aft] ! date ( ! enactm5t ( ?is ,act4 7d7 ,be/ practices ,! ,secret>y %all1 on an ongo+ basis1 facilitate & support ! developm5t ( a comp5dium ( id5tifi$ or recomm5d$ guidel9es or be/ practices = ! deploym5t ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization t-- 7#a7 support ! deploym5t ( te*nologies ne$$ to advance ! capabilities ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 7#b7 support ! int]op]ability ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 7#c7 support op]ations1 includ+ ha%+ & key /orage & security sy/ems1 t =m ! f\ndation ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 7#d7 r$uce cyb]security risks t may compromise block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 & 7#e7 quantify ! value & pot5tial co/ sav+s associat$ ) adoption ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization1 includ+ ?r\gh comp>ative analyses ( compet+ & exi/+ te*nologies )9 specific indu/ry applications4 7e7 ,additional requirem5ts ,9 c>ry+ out ?is section1 ! ,secret>y %all-- 7#a7 consult closely & regul>ly ) /akehold]s1 includ+ private sector individuals & entities1 & incorporate indu/ry exp]tise2 7#b7 collaborate ) private sector /akehold]s to id5tify prioritiz$1 flexible1 repeatable1 p]=mance-bas$1 & co/-effective approa*es to ! deploym5t ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 7#c7 make public rese>* & in=mation p]ta9+ to ! use (1 & m>ketplace =1 block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 7#d7 develop /&>diz$ t]m9ology =1 & promote common und]/&+ (1 block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 7#e7 align ! recomm5dations ( ! comp5dium describ$ 9 subsection 7d7 ) ! goal ( facilitat+ ! ease ( use ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 7#f7 support op5-s\rce infra/ructure1 data managem5t1 & au!ntication activities ) respect to block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 & 7#g7 consid] ! ne$s & int]e/s ( bo? ! private & public sector1 includ+ small bus9esses & ,f$]al1 ,/ate1 & local gov]nm5ts4 7f7 ,rules ( con/ruction ,no?+ 9 ?is section may be con/ru$-- 7#a7 to require a private entity to %>e in=mation ) ! ,secret>y2 7#b7 to require a private entity to reque/ assi/ance f ! ,secret>y2 7#c7 to require a private entity to implem5t any measure or recomm5dation sugge/$ by ! ,secret>y 9 response to a reque/ by ! private entity2 or 7#d7 to require ! adoption ( ! be/ practices describ$ 9 subsection 7d74 7g7 ,consultation ,9 implem5t+ ?is section1 ! ,secret>y may1 z appropriate1 consult ) ! heads ( relevant ,f$]al ag5cies4 #d4 ,reports to ,congress 7a7 ,int]im reports ,n lat] ?an #b ye>s aft] ! date ( ! enactm5t ( ?is ,act1 & annually !reaft]1 ! ,secret>y %all make public on ! website ( ! ,dep>tm5t ( ,comm]ce & submit to ! ,committee on ,comm]ce1 ,sci5ce1 & ,transportation ( ! ,s5ate & ! ,committee on ,en]gy & ,comm]ce ( ! ,h\se ( ,repres5tatives a report t includes-- 7#a7 a description ( ! activities ( ! ,secret>y "u ?is title dur+ ! prec$+ ye>2 7#b7 any recomm5dations by ! ,secret>y = additional legislation to /r5g!n ! competitiv5ess ( ! ,unit$ ,/ates ) respect to block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 & 7#c7 a description ( any em]g+ risks & long-t]m tr5ds ) respect to block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization4 7b7 ,f9al report ,n lat] ?an #ah mon?s be=e ! t]m9ation ( ! ,advisory ,committee pursuant to section #fjc7;c77#c71 ! ,secret>y %all make available to ! public on ! website ( ! ,dep>tm5t ( ,comm]ce & submit to ! ,presid5t1 ! ,committee on ,comm]ce1 ,sci5ce1 & ,transportation ( ! ,s5ate1 & ! ,committee on ,en]gy & ,comm]ce ( ! ,h\se ( ,repres5tatives a f9al report conta9+ ! f9d+s1 conclusions1 & recomm5dations ( ! ,advisory ,committee4