Washington, DC – With Honor Action is proud to endorse the CLARITY Act, bipartisan legislation led by For Country Caucus member Representative Zach Nunn and Representative Abigail Spanberger. The bill takes a comprehensive step in combating the influence of the Chinese Communist Party (CCP) by restricting U.S. government employees from transacting with the CCP developed blockchain technology.
The Blockchain-based Service Network (BSN), a new type of blockchain technology developed and controlled by the CCP, has the potential to become widely used in the world of cloud storage, as it is a cheaper option for information storage. Allowing this CCP-owned and operated technology to become the mainstream in the United States poses a serious security risk. By storing information on the BSN, not only would the CCP have a backdoor to Americans’ private information such as passwords and social security numbers, but if utilized by the federal government it could give the CCP the keys to sensitive national security information. The CLARITY Act would address this major oversight by prohibiting the federal government from utilizing blockchain technology developed by the CCP and any other foreign adversaries, ensuring our national security interests remain secure.
“The Chinese Communist Party cannot be trusted with any connection to Americans’ private information or our national security interests,” said Rye Barcott, Co-Founder and CEO of With Honor Action. “The CLARITY Act would allow us to mitigate this threat by limiting access to the Blockchain Service Network, strengthening our national security and taking a stand against the CCP.”
With Honor Action thanks Rep. Nunn and Rep. Spanberger for their leadership and urges Congress to pass this crucial legislation as soon as possible.
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With Honor Action fights polarization in Congress by supporting principled veterans across party lines who pledge to service with integrity, civility, and courage. With Honor Action works alongside the bipartisan For Country Caucus in Congress to pass critical legislation for our nation. Learn more about our work at WithHonor.org
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