The Information Technology & Innovation Foundation (ITIF) recommendations for policymakers on how to regulate technology on April 30.
Founded in 2006, ITIF is an independent nonprofit institute that provides policymakers with information, analysis and recommendations for handling new technology. In its new guide, ITIF included an array of proposals for policymakers to better based on principles like technology neutrality and public-sector .
The guide predicts that will likely factor into major applications such as , shared data services, , decentralized marketplaces, authenticity tracking, and digital identity applications. It also adds that uninformed lawmaking threatens to hamstring development.
Data-use regulations in particular can affect deployment. For instance, some of the ’s provisions, the guide explains, are inconsistent with the tamper-proof nature of transactions.
As blockchains are peer-to-peer networks without intermediaries, it is difficult to edit or retroactively change data. It is possible that some users could exploit the technology to prohibited information, but the report stresses that “current versions of public blockchains are not optimal solutions to storing or sharing illicit or pirated content.”
Generally, ITIF encourages to make more effort to support legitimate innovation and by developing relevant regulations that do not limit -based applications out-of-hand.
Reflexive measures run the risk of cutting off development outright. Earlier this week it came to light that the government is examining a bill that would entirely.
Published at Wed, 01 May 2019 01:20:42 +0000
