5 Must-Read Excerpts from the UK Government's Blockchain Report
"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....
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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.....
A new research paper released by market analysis and advisory firm IDC Government Insights (International Data Corporation) provides evidence for the use case of blockchains as a secure way to store, time stamp, and efficiently audit data. IDC: Blockchain Could Make Government Records More ‘Secure and Transparent’. The report, The Blockchain Audit Trail:....
The latest report by accounts giant Deloitte suggests world governments are underprepared for disruptive technologies including Blockchain. In “Tech Trends 2017: The kinetic enterprise A government perspective,” the firm gives an overview of seven emerging technologies, rating their relevance to government and government's’ “readiness” to embrace them. Out of all technologies, governmental organizations are least ready to accept Blockchain, Deloitte finds, scoring them just one out of five. “Keep up. Even if you are not using Blockchain, the parties you monitor and work with may soon be,”....
Many of the government leaders queried by IBM in a recent survey say they want to put blockchain to work in the public sector. Out of 200 government executives from 16 different countries worldwide polled, 14% say they expect to utilize production-grade blockchains sometime this year. Forty-eight percent anticipate launches of their own between now and 2020. The remaining 38% indicated that they would take a wait-and-see approach, putting off their own use of the tech until past 2020. Among the use cases cited in the report, asset management and identity management were cited as the most....
The Kenyan government is utilizing Blockchain to develop an immutable and transparent education management system. The Ministry of Information, Communication and Technology (ICT) is currently collaborating with IBM to enable schools and other educational institutions to issue academic certificates on a cloud-based Blockchain network. In a recently released report, the Association of International Educators (NAFSA), which represents over 10,000 members and 3,500 institutions located across 150 countries, revealed that academic fraud is becoming a serious issue for prominent and reputable....