There is a transition underway from an “internet of information” to an “internet of value” with blockchain as its foundation, Blockchain Research Institute Executive Chairman Don Tapscott said in an interview with Forkast.News. According to the blockchain think tank’s new report — which outlines recommendations for the Biden administrations on how to approach, regulate and lead blockchain technology — any failure by the U.S. government to embrace and sensibly regulate crypto would sap the nation’s economic strengths and erode its long-term competitive advantages in tech and business innovation.