Council for the Advancement

of Blockchain Technology Use

August 28, 2018

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Agenda

• Meeting Minutes – August 9, 2018 (2:00-2:05)

• Stakeholder engagement plan (2:05-2:20)

• Review problem statements (2:20-2:45)

• Solutions and next steps (2:45-3:00)

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Updated WorkplanMeeting Agenda (tentative)

July 27 (call) ● Align on problem statements/issue areas

● Discuss working team structure and next steps

Aug 9 (meeting) ● Review problem statement for each issue area

● Map stakeholders and develop strategic engagement plan

Aug 28 (call) ● Check in on issues areas and open questions

● Map stakeholders and develop strategic engagement plan

Sept 11 (meeting) ● Review solutions across issue areas and prioritize those for Council

● Map potential areas of conflict and develop unified framework

Sept 25 (call) ● Check in on draft of unified framework

Oct 9 (meeting) ● Finalize unified framework

● Develop engagement plan to publicize and socialize framework

Oct 23 (call) ● Check in on efforts to publicize and socialize framework with policymakers and

other stakeholders

Nov 13* (meeting) ● Finalize Council Report

Ongoing

community

outreach,

education,

and

feedback

DRAFT - FOR DISCUSSION

● Framework development

● Engagement plan

Stakeholders to discuss Legislators

Sponsoring

Voting

Regulators

Government Agencies

Directly affected

Indirectly affected

Blockchain Industry

Direct – blockchain

companies, investors

Indirect –

telecommunications, data

etc.

Community at large

Services

Legal

Financial

Trade Associations

Voters

Attorney General

Community Advocacy Groups

Nonprofits

Media

Higher Education

And many others!

For discussion today

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General Principles

If you’re reaching out to a major stakeholder, notify

other relevant working team leads

Community members should not be reaching out

on behalf of the Council without knowledge +

permission of working team lead

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Legislators

Most productive to reach out after the election

Most productive to reach out if/when we have

specific bills

We will look to the legislators on the Council for

guidance on the best way to engage and show

support

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Regulators/Government Agencies

Continue collaborating to develop ideas as we

move forward

If you have any trouble reaching a regulator or

agency, contact OEDIT

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Blockchain Industry

Thank you to everyone who has contributed so far

Continue to encourage people to participate –

locally and nationally

Legal Framework Update

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• Definition of Tokens

• Securities

• Taxation

• Exchanges

• Banking Regulations/Money Transmitting

• Banking Services

• Trust/Custody

• Incorporation*

• Smart Contracts

• Digital Identity

• Government Use of Blockchain*

• General Regulatory Environment

• Debt Payments*

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Solutions• What is the ideal state we are trying to create in this issue area?

This will become the succinct messaging we will use when sharing our solutions

with various stakeholders. Please be non-technical but specific.

• What (if any) legislative action is needed to support this ideal state? Existing laws that need to be changed or specific bills that need to be passed.

• What are other public policy solutions that could support this ideal state?

Government action that does not necessarily require the passage of legislation -

Examples could include clarification of regulation, new/different business

incentives, government adoption of certain systems/solutions, etc.

• What are other solutions that could support this ideal state? This will likely be ideas

that are outside the council's purview, but worth cataloging for other

stakeholders. Examples could include better technical training programs,

industry/community self-regulation, new community organizations, etc. Feel free

to be creative!

• How can we measure success? If we take a certain action, how will we know its impact? If a legislator is

evaluating a bill, what are the potential outcomes they should be thinking about?

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Next Steps

● Develop broad list of solutions within Working

Groups (by Sept. 11)

● Map solutions across WGs and prioritize those

that Council will support (on Sept. 11)

● Continue engaging stakeholders as needed

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Appendix: Stakeholder Maps

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• Definition of Tokens

• Securities

• Taxation

• Exchanges

• Banking Regulations/Money Transmitting

• Banking Services

• Trust/Custody

• Incorporation

• Smart Contracts

• Digital Identity

• Government Use of Blockchain

• General Regulatory Environment

• Debt Payments

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