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registered interest false more like this
date less than 2018-02-20more like thisremove minimum value filter
answering body
Department for Work and Pensions more like this
answering dept id 29 more like this
answering dept short name Work and Pensions more like this
answering dept sort name Work and Pensions more like this
hansard heading Social Security Benefits: Cryptocurrencies remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Work and Pensions, what assessment her Department has made of the potential benefits of using blockchain for the the welfare and benefits system; and if she will make a statement. more like this
tabling member constituency Walsall North more like this
tabling member printed
Eddie Hughes remove filter
uin 128693 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-02-27more like thismore than 2018-02-27
answer text <p>We are committed to harnessing the potential of new technologies in making a positive difference to our customers’ lives. In 2016, we ran a pilot to explore whether a product by GovCoin (now DISC) could help some Universal Credit customers budget. The product utilised blockchain technology.</p><p> </p><p>The pilot that ended in early 2017, provided valuable insight into customer needs, and this was used to inform the decision to develop a future method of payment strategy that outlines DWP’s commitment to improving the methods available to make payments to customers.</p><p> </p><p>We continue to explore payment innovations, including distributed ledger and blockchain technologies and their potential to securely deliver services that our customers rely on.</p><p> </p> more like this
answering member constituency North West Hampshire more like this
answering member printed Kit Malthouse remove filter
question first answered
less than 2018-02-27T12:14:46.79Zmore like thismore than 2018-02-27T12:14:46.79Z
answering member
4495
label Biography information for Kit Malthouse more like this
tabling member
4635
label Biography information for Eddie Hughes more like this