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Home 🌿 Cannabis Technology News 🌿 5 Must-Read Excerpts from the UK Government's Blockchain Report 🌿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 important takeaway from proposal is that the UK government was encouraged to pursue applications of the technology.
Author Mark Walport wrote:
"Distributed ledger technologies have the potential to help governments to collect taxes, deliver benefits, issue passports, record land registries, assure the supply chain of goods and generally ensure the integrity of government records and services."
However, Walport goes on to make a series of additional
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