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Code · BILL · 118th Congress · H.R. 8070 (Engrossed in House) — To authorize appropriations for fiscal year 2025 for military activities of the Department of Defense, for military c... · Sec. 1729

Sec. 1729. Working group on blockchain, smart contracts, and distributed ledger technologies

209 words·~1 min read·/bill/118/hr/8070/eh/section-1729·

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Not later than 180 days after the date of the enactment of this section, the Secretary of Defense shall establish a working group to be known as the Blockchain-Distributed Ledger Technologies-Smart Contracts Defense Applications Working Group (referred to in this section as the Working Group ). The duties of the Working Group are to— identify whether blockchain, smart contracts, and distributed ledger technologies could be used by the Secretary of Defense for the purposes of improving the functions and efficiency of the Department of Defense; and not later than the date described in subsection (h), submit to the Secretary a report summarizing the findings of the Working Group under paragraph (1).
The Working Group shall be composed of the following members or their designees: A representative from the Office of Science and Technology Policy. Representatives of such organizations and elements of the Department of Defense as the Secretary of Defense determines appropriate. Not later than April 1, 2025, the Secretary of Defense shall develop a charter with respect to the functions of the Working Group. Nothing in this section shall be construed to permit the Secretary of Defense to provide any competitive advantage to any member of the Working Group.
The Working Group shall terminate on December 31, 2029.
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