Bitcoin Press Release : Resolution Sponsored by Representative Adam Kinzinger (R-IL) and Referred to the Committees on Energy and Commerce Las Vegas, Nevada – August 11, 2016 – Recently, U.S. House Representative, Adam Kinzinger (R-IL) expressed the sentiments of the House at the 114th Congressional session, which are that the United States should adopt a national policy for technology to promote “alternative non-fiat currencies” and support for blockchain technology. The resolution specifically highlights “transparency, security and authentication,” as three crucial factors. Through compliance and revolutionary security and design elements, NAC’s Aten Coin, a first-generation compliant digital currency has resolved the aforementioned issues. Today, NAC announced that they are supporting Resolution 835, because it will serve to further the goals of its organization, “improve financial literacy, increase the options for consumers to manage their finances, engage in commerce online and learn about new methods of payment.” Overall, the support of “alternative non-fiat currencies” and blockchain technologies will “promote economic growth and consumer empowerment worldwide.” Marcus Andrade, NAC’s CEO discussed the prospects of Resolution 835. Andrade said: This Resolution will benefit both the consumer and commercial sectors very positively. He added: Currently, there are approximately 25 million underbanked households in the United States. With the incredible upsurge of mobile device use and access to broadband technology this market needs to be educated and protected by its country. Implementation of legislation to provide tools and learning opportunities, and also to protect users from cyberattack or identity-theft will undoubtedly help usher in this very convenient and lucrative new method of banking and online commerce transactions. Important points in Resolution 835 include: Protect the online assets and personal information of consumer through their connected devices via cybersecurity measures Foster future economic growth and create new markets Develop alternative technologies that support transparency, security and […]
