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1329588
registered interest false more like this
date less than 2021-06-04more like thismore than 2021-06-04
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Distributed Ledger Technology 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 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. more like this
tabling member constituency Rother Valley more like this
tabling member printed
Alexander Stafford more like this
uin 10721 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-06-14more like thismore than 2021-06-14
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> more like this
answering member constituency Berwick-upon-Tweed more like this
answering member printed Anne-Marie Trevelyan more like this
grouped question UIN
10718 more like this
10719 more like this
10720 more like this
10723 more like this
question first answered
less than 2021-06-14T15:11:42.837Zmore like thismore than 2021-06-14T15:11:42.837Z
answering member
4531
label Biography information for Anne-Marie Trevelyan more like this
tabling member
4866
label Biography information for Alexander Stafford more like this
1130452
registered interest false more like this
date less than 2019-06-06more like thismore than 2019-06-06
answering body
Cabinet Office more like this
answering dept id 53 more like this
answering dept short name Cabinet Office more like this
answering dept sort name Cabinet Office more like this
hansard heading Distributed Ledger Technology remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
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. more like this
tabling member constituency Windsor more like this
tabling member printed
Adam Afriyie more like this
uin 261182 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-13more like thismore than 2019-06-13
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> more like this
answering member constituency Hertsmere more like this
answering member printed Oliver Dowden more like this
question first answered
less than 2019-06-13T13:04:46.05Zmore like thismore than 2019-06-13T13:04:46.05Z
answering member
4441
label Biography information for Oliver Dowden more like this
tabling member
1586
label Biography information for Adam Afriyie more like this
1037836
registered interest false more like this
date less than 2019-01-08more like thismore than 2019-01-08
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Distributed Ledger Technology remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
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. more like this
tabling member constituency Walsall North more like this
tabling member printed
Eddie Hughes more like this
uin 206446 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-01-11more like thismore than 2019-01-11
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 more like this
answering member printed John Glen more like this
question first answered
less than 2019-01-11T11:18:43.683Zmore like thismore than 2019-01-11T11:18:43.683Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4635
label Biography information for Eddie Hughes more like this
999262
registered interest false more like this
date less than 2018-10-31more like thismore than 2018-10-31
answering body
Department for Digital, Culture, Media and Sport more like this
answering dept id 10 more like this
answering dept short name Digital, Culture, Media and Sport more like this
answering dept sort name Digital, Culture, Media and Sport more like this
hansard heading Distributed Ledger Technology 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 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. more like this
tabling member constituency Windsor more like this
tabling member printed
Adam Afriyie more like this
uin 186288 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-11-07more like thismore than 2018-11-07
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> more like this
answering member constituency Stourbridge more like this
answering member printed Margot James more like this
question first answered
less than 2018-11-07T12:04:53.703Zmore like thismore than 2018-11-07T12:04:53.703Z
answering member
4115
label Biography information for Margot James more like this
tabling member
1586
label Biography information for Adam Afriyie more like this