; and (C) distributed among network participants in an automated fashion to concurrently update network participants on the state of the ledger and other functions. (2) Covered nongovernmental representatives The term covered nongovernmental representatives means representatives as specified in the second sentence of section 135(b)(1) of the Trade Act of 1974 ( 19 U.S.C. 2155(b)(1) ), except that such term does not include representatives of non-Federal governments. (3) Secretary The term Secretary means the Secretary of Commerce. (4) State The term State means each of the several States, the District of Columbia, each commonwealth, territory, or possession of the United States, and each federally recognized Indian Tribe. (5) Token The term token means a transferable, digital representation of information recorded on blockchain technology or other distributed ledger technology. (6) Tokenization The term tokenization means the process of creating a token. 3. Department of Commerce leadership on blockchain (a) Function of Secretary The Secretary shall serve as the principal advisor to the President for policy pertaining to the deployment, use, application, and competitiveness of blockchain technology or other distributed ledger technology, applications built on blockchain technology or other distributed ledger technology, tokens, and tokenization. (b) Activities The Secretary shall take actions necessary and appropriate to support the leadership of the United States with respect to the deployment, use, application, and competitiveness of blockchain technology or other distributed ledger technology, applications built on blockchain technology or other distributed ledger technology, tokens, and tokenization, including by— (1) developing policies and recommendations on issues and risks related to the deployment, use, application, and competitiveness of blockchain technology or other distributed ledger technology, applications built on blockchain technology or other distributed ledger technology, tokens, and