The White House national strategy listed eight emerging technologies, concentrating on building international norms and finding usage cases in the economic sector.
In the United States, the White House released the national norms strategy for key and emerging technologies on May 4, identifying eight technology sectors that will have a significant economic impact in the closer future.
Among the 8 technologies are artificial intelligence, communication and network technologies, biotechnology, and semiconductors, with the addition of distributed ledger technology (DLT) and digital identity infrastructure grabbing the crypto community’s attention.
DLT permits concurrent access, record validation, and record updating throughout a networked database. Blockchain technology is grounded on DLT, making it possible for users to see any changes and the people who made them, lowering the need for auditing data, ensuring data reliability, and restricting access to solely those who actually require it.
The national strategy aims to raise U.S. leadership in the development of international norms for these arising technologies. The U.S. government is actively involved in building synergies with the private sector to promote and make international norms for similar arising technologies.
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The most prominent example of similar collaboration is the development of the telecom and communications standard. For example, the first offer for 3G was made in the 1990s by Qualcomm Technologies, with the subsequent recommendation for LTE — the dominant standard for wireless broadband communication for mobile devices and data terminals — made in the 2000s by NTT Docomo, a major Japanese mobile phone provider.
The national strategy suggests the likes of DLT and digital infrastructure would increasingly impact and be widely utilized in the economic sector. Some crucial areas where these technologies will be actively tested involve automated and connected infrastructure, similar to smart communities and the Internet of Things. DLT can especially find great use in building cybersecurity and privacy-based features and services.
(PRASHANT JHA, Cointelegraph, 2023)