• 27 September, 2024
News

Kamala Harris to Position the U.S. as a ‘Blockchain Leader’

Kamala Harris to Position the U.S. as a ‘Blockchain Leader’

Candidates in the U.S. presidential contest are emphasizing developing technology to have a competitive advantage as the election becomes hot. Digital currencies are already at the forefront, according to former President Donald Trump. However, democratic contender Kamala Harris is now joining the dialogue. Harris is trying to change the impression that her party either neglected or suppressed American blockchain development. She is now committing herself to establishing United States dominance in the blockchain sector.

Harris Outlines Vision

Harris outlined her vision for the American economy at a lecture in Pittsburgh. She promised to pay particular attention to blockchain and other developing technological areas. According to Harris, her government would strive to lead in blockchain, biomanufacturing, aerospace, artificial intelligence, and quantum computing. She underlined that future technical innovations should take place in the United States.

AI and Crypto Will Help Build an Opportunity Economy: Harris

The comments fit complaints about the way the present government handles Web3 technologies. Many of the crypto community believe that President Biden’s policies have discouraged blockchain innovation. However, recent remarks by Harris imply a change in party policy. Her emphasis on blockchain might point to more favorable surroundings for digital assets.

Industry Reactions 

Reactions to Harris’s remarks have been conflicting. Business developer Adam Cochran pointed out her dedication to blockchain’s relevance. He admitted that many who criticize the government contend their activities fall short. Still, Cochran saw Harris’s speech as a good start toward embracing digital resources. This move could address the concerns of blockchain supporters seeking stronger government backing.

Investor Mark Cuban also commented on Harris’s approach. He compared her campaign to a company, noting her rapid progress. Cuban highlighted Harris’s ability to build momentum despite initial low favorability ratings. He pointed out her campaign’s significant improvement, noting that she is now competitive in the race. Cuban sees this as a testament to her organizational skills and strategic focus on emerging technologies.

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