We believe that the next wave of computinginnovation—along with entirely new sectorsof the economy—will be built ondecentralized technology.This technology has rapidly evolved beyond its financial origins. Thecommunity encompasses constituencies ranging from musicians andartists to small business owners and government agencies. Smartregulation must reflect that diversity of potential users and use cases.Decentralized technologies offer an alternative to a digital status quothat is increasingly dominated by big tech and oppressive regimes.Open, democratized systems can provide the infrastructure to powertomorrow’s economy and institutions. Realizing that potential willdepend on collaboration between government and the private sectorto develop regulatory frameworks that encourage innovation whilemanaging the risks inherent in different applications.
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