Consumer Safety Technology Act
AN ACT
To direct the Consumer Product Safety Commission to establish a pilot program to explore the use of artificial intelligence in support of the mission of the Commission and to direct the Secretary of Commerce and the Federal Trade Commission to study and report on the use of blockchain technology and tokens, respectively.
Sec. 2 Definitions
In this Act—
the term consumer product has the meaning given such term in section 3(a) of the Consumer Product Safety Act (15 U.S.C. 2052(a));
the term Secretary means the Secretary of Commerce; and
the term token means a transferrable, digital representation of information recorded on a blockchain or other distributed ledger technology.