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1130452

	registered interest
	date	06/06/2019
	answering body	Cabinet Office
	answering dept id	53
	answering dept short name	Cabinet Office
	answering dept sort name	Cabinet Office
	hansard heading	Distributed Ledger Technology
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Minister for the Cabinet Office, what assessment he has made of the potential merits of using distributed ledger technology across the public sector.
	tabling member constituency	Windsor
	tabling member printed	Adam Afriyie
	uin	261182
	answer	answer is ministerial correction date of answer 13/06/2019 answer text <p>The Government Digital Service undertook a landscape review of technology innovation, including distributed ledger technology across government in August 2018. Additionally the recently launched Government Technology Innovation Strategy provides recent examples of distributed ledger technology within government and will provide a building block for departments to harness the opportunity presented by emerging technologies.</p> answering member constituency Hertsmere answering member printed Oliver Dowden question first answered 13/06/2019 13:04:46 answering member 4441 label Biography information for Oliver Dowden
	tabling member	1586 label Biography information for Adam Afriyie

999262

	registered interest
	date	31/10/2018
	answering body	Department for Digital, Culture, Media and Sport
	answering dept id	10
	answering dept short name	Digital, Culture, Media and Sport
	answering dept sort name	Digital, Culture, Media and Sport
	hansard heading	Distributed Ledger Technology
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Digital, Culture, Media and Sport, when he plans to announce which projects will be run by DLT Field Labs to test the potential of distributed ledger technologies.
	tabling member constituency	Windsor
	tabling member printed	Adam Afriyie
	uin	186288
	answer	answer is ministerial correction date of answer 07/11/2018 answer text <p>As was announced at Budget 2018, the Digital Catapult will test the potential of their Field Labs concept, a small experimental trial of Distributed Ledger Technology, working with businesses, investors, and regulators, in a range of areas. We anticipate the first Field Labs will focus on the construction sector and the management of goods in ports.</p><p>The Digital Catapult, while receiving significant long-term funding from the government, is an independent private sector entity. The specific arrangements of the Field Labs, including their participants, focuses, and timing, are therefore a commercial and private decision for the management of the Digital Catapult to take, and we expect it to set out further details in due course.</p> answering member constituency Stourbridge answering member printed Margot James question first answered 07/11/2018 12:04:53 answering member 4115 label Biography information for Margot James
	tabling member	1586 label Biography information for Adam Afriyie

1329588

	registered interest
	date	04/06/2021
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Distributed Ledger Technology
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the role of Government in the stimulus and advancement of deployment of technology including distributed ledger technology that is used in distributed systems (a) for critical minerals and (b) more widely.
	tabling member constituency	Rother Valley
	tabling member printed	Alexander Stafford
	uin	10721
	answer	answer is ministerial correction date of answer 14/06/2021 answer text <p>The Government understands the importance of technology-critical minerals and metals supply chains to the economy, as well as the importance of the role of technology (including distributed ledger technology), data and collaborative ventures in the supply chains for these vital materials. This close interest extends across Whitehall and so a range of input is needed to provide a holistic understanding of resilience issues across Departments. We are working towards a single Government vision in this crucial area, and our priority is to enable effective inter-departmental collaboration to drive unified and coordinated Government action to support this sector.</p> answering member constituency Berwick-upon-Tweed answering member printed Anne-Marie Trevelyan grouped question UIN 10718 10719 10720 10723 question first answered 14/06/2021 15:11:42 answering member 4531 label Biography information for Anne-Marie Trevelyan
	tabling member	4866 label Biography information for Alexander Stafford

1037836

	registered interest
	date	08/01/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Distributed Ledger Technology
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what (a) fiscal and (b) regulatory steps his Department is taking to (i) support UK and (ii) encourage overseas blockchain and crypto-based companies establish themselves in the UK.
	tabling member constituency	Walsall North
	tabling member printed	Eddie Hughes
	uin	206446
	answer	answer is ministerial correction date of answer 11/01/2019 answer text <p>The Government has invested over £10 million through Innovate UK and the research councils to support a wide variety of DLT related projects. The Government has also created a £20 million GovTech Catalyst Fund to explore technology-based solutions for public sector challenges, potentially including the use of DLT.</p><p> </p><p>The Government set out its approach to cryptoassets and the underlying distributed ledger technology (DLT) in the report of the Cryptoassets Taskforce<sub><sub>[1]</sub></sub>. The Government wants to encourage responsible development of legitimate distributed ledger technology (DLT) and cryptoasset-related activity in the UK, while also mitigating risks.</p><p> </p><p>The financial regulators continue to provide a platform that facilitates innovation and the development of new technologies in the financial system. For example, the Financial Conduct Authority has accepted a significant number of DLT-based projects into its Regulatory Sandbox. The Bank of England has also committed to ensure that its new RTGS service will be compatible with DLT-based payment systems.</p><p>[1] The full report of the HM Treasury/Financial Conduct Authority/Bank of England Cryptoassets Taskforce is available here: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/752070/cryptoassets_taskforce_final_report_final_web.pdf</p> answering member constituency Salisbury answering member printed John Glen question first answered 11/01/2019 11:18:43 answering member 4051 label Biography information for John Glen
	tabling member	4635 label Biography information for Eddie Hughes