National R & D Strategy for Distributed Ledger Technology Act of 2022
Latest action (25 May 2022): Committee on Commerce, Science, and Transportation. Ordered to be reported with an amendment in the nature of a substitute favorably.
What this bill does
Generate a neutral, plain-English explanation of what this bill does, who it affects and what happens next — grounded in the official text.
Official summary
National R & D Strategy for Distributed Ledger Technology Act of 2022
This bill provides for a national strategy and research and development regarding technologies related to distributed ledgers (e.g., blockchain or Bitcoin). A distributed ledger is a ledger that is shared across and synchronized between a set of distributed nodes (i.e., devices or processes) in a network that store a complete or partial replica of the ledger and meet other requirements.
The Office of Science and Technology Policy must develop a national strategy for the research and development of distributed ledger technologies and their applications, including applications of public and permissionless distributed ledgers. The office must coordinate with the National Science and Technology Council and other relevant federal agencies, as appropriate, on the strategy. The national strategy shall include
• plans to support public and private sector investment and partnerships in research and technology development for societally beneficial applications of distributed ledger technologies, and
• an identification of additional resources, administrative action, or legislative action recommended to assist with the implementation of such strategy.
The National Science Foundation shall make competitive awards to institutions of higher education or nonprofit organizations (or their consortia) to support research, including interdisciplinary research, on distributed ledger technologies and their applications.
The National Institute of Standards and Technology may carry out an applied research project to study and demonstrate the potential benefits and unique capabilities of distributed ledger technologies.
Timeline
25 May 2022
Committee on Commerce, Science, and Transportation. Ordered to be reported with an amendment in the nature of a substitute favorably.
Common questions
- What does S. 4109 do?
- National R & D Strategy for Distributed Ledger Technology Act of 2022 This bill provides for a national strategy and research and development regarding technologies related to distributed ledgers (e.g., blockchain or Bitcoin). A distributed ledger is a ledger that is shared across and synchronized between a set of distributed nodes (i.e., devices or processes) in a network that store a complete or partial replica of the ledger and meet other requirements. The Office of Science and Technology Policy must develop a national strategy for the research and development of distributed ledger technologies and their applications, including applications of public and permissionless distributed ledgers. The office must coordinate with the National Science and Technology Council and other relevant federal agencies, as appropriate, on the strategy. The national strategy shall include • plans to support public and private sector investment and partnerships in research and technology development for societally beneficial applications of distributed ledger technologies, and • an identification of additional resources, administrative action, or legislative action recommended to assist with the implementation of such strategy. The National Science Foundation shall make competitive awards to institutions of higher education or nonprofit organizations (or their consortia) to support research, including interdisciplinary research, on distributed ledger technologies and their applications. The National Institute of Standards and Technology may carry out an applied research project to study and demonstrate the potential benefits and unique capabilities of distributed ledger technologies.
- Has S. 4109 become law?
- Not yet. As of 25 May 2022, S. 4109 is ordered reported.
- Who sponsored S. 4109?
- S. 4109 was sponsored by Sen. Roger Wicker [R-MS] (Republican-MS), with 5 cosponsors.
- What's the latest action on S. 4109?
- Committee on Commerce, Science, and Transportation. Ordered to be reported with an amendment in the nature of a substitute favorably. (25 May 2022).
Related bills in Science, Technology, Communications
Open-Source AI Leadership Act
AI for Secure Networks Act
Memory Chip Competitiveness Assessment Act of 2026
ITS Codification Act
Bill100 mirrors the public U.S. legislative record from Congress.gov and GovTrack and adds plain-English AI summaries. It is an information tool, not legal, compliance or lobbying advice, and it is not affiliated with the U.S. Congress or any government agency. AI summaries can simplify or omit detail — every bill links to the official source; verify there before you rely on it.