Dubbed the “silver to Bitcoin’s gold,” Litecoin (LTC) has been riding the crytocurrency uptrend as wave after wave of bullish news has driven its spot price over US$45, or 0.017 BTC. But 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 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. The UK has long been viewed as accommodating toward cryptocurrency and blockchain technology, with a number of blockchain startups based therein as well as the creation of conducive regulatory conditions, such as the FCA’s FinTech sandbox. However, the country is also looking to distributed ledger technology to better its public services, with the most recent The UK Chief Scientist, Sir Mark Walport recently outlined a number of instances where distributed ledgers could strengthen public services. The blockchain provides state-of-the-art cryptology. Data security, health records, social security records, birth certificates, voting records and many other assets commonly found in the public sector could benefit from blockchain technology. Bitcoin; DApps; Ethereum; Exchanges; Market; Mining; Payment; Smart Contracts; Wallets; allcoinsnews.com. allcoinsnews.com. Home; About Us; Contact Us; Major Events; Altcoins List; Coin Prices; Compliance Identification. Blockpass Introduces White-Label, Embedded Version of Digital Identity Protocol. Hans Lombardo May 29, 2020. Compliance Exchanges. Blockpass Brings to Tozex KYC & AML
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