Uncategorised

Scottish government report underlines future need for use of blockchain

The Government of Scotland has released a report hailing the benefits of the distributed ledger technology (DLT) in public services and how it can make them more efficient.

The report, labelled “Distributed Ledger Technologies in Public Services”, was commissioned by the Scottish government to the blockchain development firm Wallet Services.

READ MORE: What is distributed ledger technology (DLT)?

The document recommends Scottish authorities to “join the international ecosystem” of DLT, develop a national vision and launch small-scale public sector projects.

The report also highlights that with DLT it is possible to register and permanently record, share and transfer value or valuable information in a more secure way.

The report’s recommendations

Wallet Services makes five recommendations in the report, which includes the creation of a group of Scottish DLT experts who would be tasked with developing the vision of how the revolutionary technology could support the country’s economy.

A second recommendation calls on officials to take steps to include relevant knowledge and skills in fundamental disruptive technologies in the government sector.

READ MORE: How safe is blockchain technology

The third calls on the government to engage with the governments of other countries to learn how they have used DLT.

The fourth urges the government to promote the use of DLT through educational programmes and R&D projects, including the University of Edinburgh’s new Artificial Intelligence (AI) and blockchain accelerator.

READ  MORE: Five books for blockchain enthusiasts this summer

The fifth is related to the appointment of public sector leaders tasked with identifying how the DLT can be used to solve everyday problems.

“Nobody can predict with any certainty what the most significant benefits of any technology will ultimately prove to be, but we can continue to scan the horizon, engage with experts and open ourselves up to new possibilities,” says Digital Directorate Director Colin Cook in the foreword of the report.

Olivier Acuña

Olivier has been writing for over 30 years. He has been based in six countries working for major news outlets including the Guardian, UPI & AP. He has covered massive earthquakes, presidential elections, immigration, and taken photos standing in the middle of shootouts between drug cartels, gone undercover to investigate organised crime, interviewed presidents, former presidents, heads of international organisations.

Disqus Comments Loading...

Recent Posts

3DOS Launching Decentralized “Uber for 3D Printing” on Sui

Grand Cayman, Cayman Islands, 12th September 2024, Chainwire

1 week ago

Flipster Announces Collaboration with Tether

Warsaw, Poland, 20th August 2024, Chainwire

1 month ago

PEXX Announces Strategic Acquisition of Chain Debrief

Singapore, Singapore, 20th August 2024, Chainwire

1 month ago

Kwenta and Perennial Kickstart Arbitrum Expansion with 1.9M ARB

Grand Cayman, Cayman Islands, 26th July 2024, Chainwire

2 months ago

Ethereum could soon surpass the 3K price point

As usual, the crypto market is keeping everyone guessing what could happen next. After an…

2 months ago