The American Council for Technology and Industry Advisory Council (ACT-IAC) released a second Blockchain resource specifically targeting government uptake of the technology. The ACT-IAC, an advisory structure in existence since the 1970s, has opted to create a five-point checklist for US government agencies. This, along with other materials in the Blockchain Playbook, should allow such agencies to cut through “hype” and work out which – if any – aspects of Blockchain would “solve their problem.”
The checklist consists of “Assessment,” “Readiness,” “Selection,” “Implementation” and “Integration.” The US government has pursued various Blockchain projects for several years, deploying research schemes to look at overhauling countless sections of the country’s economy and even its defence systems. With in-depth knowledge of Blockchain’s capabilities and technical principles still hard to find, however, ACT-IAC appears to see a vacuum requiring continued attention.
With blockchain near the top of the hype cycle in 2017, it is important to separate reality from hype when it comes to which uses cases can actually benefit from a blockchain solution..
Industry technologists and outside experts collaborated on the Playbook, which follows the group’s first Blockchain tool, the Blockchain Primer, released last year. As industries and governments alike are looking to implement this technology to combat fraud and its various other known benefits; the technical know how still remains a key factor as the adoption still continues.