White House to set international standards for distributed ledger technologies

The White House published the national standards strategy in eight technology sectors that will have a significant economic impact in the near term.

They include:

• digital identity infrastructure and distributed ledger technologies;
• semiconductors and microelectronics;
• artificial intelligence and machine learning;
• biotechnologies;
• positioning, navigation and timing services;
• production and storage of clean energy;
• quantum information technologies.

The strategy envisages broad use of DLT technologies across key sectors of the economy, including their deployment in smart communities, the Internet of Things, and in the development of features and services built around cybersecurity and privacy.

In January, the White House urged Congress to step up efforts to oversee the market for digital assets.