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IBM’s Jerry Cuomo Talks Blockchain Tech at Congressional Hearing

Jerry Cuomo, vice president of blockchain technology at IBM, has said lawmakers should help advance the integration of blockchain technology into existing government programs in order to accelerate the adoption of the technology, Business Insider reported Saturday.

“There is an opportunity for the United States to build upon its momentum to lead blockchain by doing,” Cuomo said in his testimony at a Feb. 14 congressional hearing.

“We should focus our efforts on projects that can positively impact U.S. economic competitiveness, citizens, and businesses,” he noted at the Congressional Blockchain Caucus-hosted hearing.

Cuomo also cited the potential applications of blockchain technology in drug development, digital identities and other federal government programs.

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