Like the earlier @FinancialCmte hearing, the @HouseAgGOP hearing emphasized the need for clear rules of the road for users and developers of blockchain technology so that the nation’s farmers and the broader ag industry can benefit from it on a broader scale. Key points included the importance of developing future-proof regulations, disclosure requirements with clear jurisdictional lines across regulators, and the role blockchain technology plays in enhancing transparency and traceability in agriculture — a system that hasn’t been “updated” for 150 years according to witness, @Bar_T_Ranch from @CattleProof. 🐂