President Biden Issues Executive Order to Responsibly Build Web 3.0 Digital Assets & Distributed Ledger Technologies

The order particularly highlights the importance of privacy, which has been largely missing in developing Web 2.0

Today, President Biden issued the Executive Order on Ensuring Responsible Development of Digital Assets, an important first step to ensure that the United States catches up in the (responsible) development of Web 3.0 technologies.

My quick takeaways on the executive order

Before I break down the executive order in the following sections, I’d like to share the following quick takeaways from my review of and reflection on the order:

The executive order highlights the need to design and engineer privacy into the development of Web 3.0 technologies like cryptocurrencies and blockchains.

Privacy practitioners, privacy engineers, privacy tech founders, and privacy advocates, rejoice! The executive order calls out privacy not once, not twice, but … NINE TIMES. And it does so not just as a risk, but also as a design and engineering imperative…