Government gives go-ahead to blockchain technology

The government has approved the first supplier for distributed ledger technology, paving the way for new blockchain-based services across the public sector

Public sector organisations can now buy blockchain technologies through the government’s Digital Marketplace, after the Crown Commercial Service approved a supplier of distributed ledger technology in the latest G-Cloud framework.

A distributed ledger is an asset database that can be shared across several networks, sites or institutions. All participants have their own copy of the ledger and changes made in one site are reflected across all copies.

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