The U.K.’s chief scientific adviser has urged the government to adopt the blockchain technology that powers Bitcoin to run various public services, BBC News reports. The recommendation comes in the form of a new report produced by the U.K. Government Office for Science, edited by Sir Mark Walport, chief scientific adviser, which looks at the future of distributed ledger (or blockchain ... Sir Mark Walport, UK Government Chief Scientific Adviser, in a report entitled Distributed Ledger Technology: beyond block chain, has recommended that the government should provide ministerial ... An exception came in January, when the UK Government’s Chief Scientific Adviser, Sir Mark Walport, released a lengthy report for his government that does perhaps the best job of describing the ... In the report, Sir Mark Walport, the government’s chief scientist, expressed confidence in the ability of the technology to improve service delivery: “Algorithms that enable the creation of distributed ledgers are powerful, disruptive innovations that could transform the delivery of public and private services and enhance productivity through a wide range of applications.” In Britain, Sir Mark Walport has suggested that a blockchain could be used to manage student loan payments. In Estonia, blockchain tech is being used to make government agencies fairer and more efficient. Projects like e-Residency are being used to make it the world’s first “digital nation.” Venezuela has gone even further and created its cryptocurrency called Petro! The UK’s Chief Scientist and Advisor Sir Mark Walport explained in this report that blockchain has the potential to help governance to politicians and leaders of authority.
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