U.S. House of Representatives Have Valentine’s Date with Blockchain

It will be a different kind of Valentine’s Day for the U.S. House of Representatives as they have a date with blockchain.

Two subcommittees of the U.S. House Committee on Science, Space and Technology – for Oversight as well as Research and Technology – are conducting a hearing, called “Beyond Bitcoin: Emerging Applications for Blockchain Technology,” on Feb. 14 at 10 a.m.

Gracing the much anticipated event are Walmart vice president of food safety Frank Yiannas; National Institute of Standards and Technology (NIST) director Charles Romine; IBM vice president of blockchain Jerry Cuomo; Congressional Research Service analyst Chris Jaikaran; and Benjamin N. Cardozo School of Law associate clinical professor Aaron Wright.

It’s not yet known whether the hearing would be broadcasted live, as has been the case for prior events of this nature.

The subcommittees, in particular, supervise legislative and investigative movies into the science and technology fields. Notably, the Subcommittee on Research and Technology has the authority to distribute resources to emerging projects. However, it is vague what the goal or agenda for next week’s hearing would be.

While concentrating on possible applications outside of currency, the House subcommittee gathering comes just over a week after the U.S. Senate Committee on Banking, Housing and Urban Affairs held a hearing with the leaders of the Commodity Futures Trading Commission and the Securities and Exchange Commission.