UK Gov’t is Trialling the Blockchain for Welfare & Pensions

[jamie.redman1]

The UK Department for Work and Pensions is currently trial testing a blockchain-based prototype that may be used to deliver a more robust system of welfare payments.

The news was revealed at the Payments Innovation Conference 2016 on July 4 by Minister for Welfare Reform at the Department for Work and Pensions, Lord Freud. Additionally, a press release from GovCoin Systems Limited, a fintech company dedicated to the project, stated that other legacy institutions are also involved in the project.

https://news.bitcoin.com/uk-govt-triall ... n-welfare/