U.K. Considering Government Applications of Blockchain Technology
U.K. Minister for the Cabinet Office Matt Hancock is persuaded that blockchain technology could transform the way government works. In a speech given at an event organized by Digital Catapult and Imperial College’s Centre for Cryptocurrency Research and Engineering (IC3RE), Hancock outlined some of the government’s current plans to leverage blockchain....
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A new report from the UK Government Office for Science has recommended a broad government effort to explore and test blockchain and distributed ledger technology. The report, spearheaded by the government's top scientific advisor Mark Walport, contained proposals aimed at pushing for segments of the UK government to pursue applications of the technology. The recommendations include the development of standards for the technology's use; the creation of new roles in the government to demonstrate proofs-of-concept; and the establishment of a roadmap for further exploration and utilization.....
The Chamber of Digital Commerce has announced the launch of its DC Blockchain Submit, which will be hosted at Georgetown University on March 3, 2016, to explore policy challenges and application of the blockchain technology. The event will be joined by tech conglomerates, financial experts, government agencies, bitcoin startups, and cryptocurrency enthusiasts, bringing together top-funded technology firms to demonstrate unique use cases for the Bitcoin blockchain technology. Some of the many applications of the blockchain technology which will covered in the Blockchain Innovation Showcase....
The US Department of Homeland Security (DHS) has awarded as much as $600,000 in grants to six companies working on blockchain applications for the government. According to a press release from earlier this week, the department’s Science and Technology Directorate has parceled out $3.1m in grants to 29 small businesses based in the US in areas focused on data analytics, connected devices and blockchain. Each company received about $100,000, the government said. The funds came from the agency's Small Business Innovation Research (SBIR) program, following a solicitation period that began in....
"The progress of mankind is marked by the rise of new technologies and the human ingenuity they unlock." That's the glowing foreword to a new report on blockchain and distributed ledger tech issued by the UK government's Chief Scientific Adviser this week. Taking a positive outlook on the emerging technology, the document recommends a broad government initiative to develop and demonstrate blockchain and distributed ledger technology, one that has caught the attention of the global media while emboldening the growing chorus of "blockchain" enthusiasts. Perhaps the most....
China’s Ministry of Industry and Information Technology (MIIT) has published the country’s first official guiding document on blockchain technology and its applications in the country. China, which sees a significant majority of the world’s bitcoin trading, is a notable example of a major government’s foray into understanding cryptocurrencies like bitcoin, and its underlying technology, the blockchain. Just a month ago in September, the Chinese government was revealed to be working on developing and eventually using blockchain-based solutions for social security payments. Talking about the....