Interest in blockchain from the US government has produced an “unprecedented degree of participation and collaboration,” says Accenture boss.
David Treat, managing director and co-head of Accenture’s Global Blockchain Practice, has spoken about the opportunity to become part of the government’s blockchain efforts, particularly in digital identity.
He told CoinDesk: “Ultimately, it’s important that how we modernize digital identity satisfies all of the needs of what a nation-state needs as well as an individual, and we think the solution pattern we’re designing and starting to build really threads that needle and can satisfy both.
“The more [regulators] can come along with everyone else and be part of that innovation journey and modernize regulation, the better off we’re going to be.”
This is a slightly different approach than many have adopted, welcoming regulation should it work with the best interests of both government and individuals.