The British House of Lords urged the government to explore DLT applications

nRunaway commentary: The government to accelerate the development of blockchain technology is nothing new. Currently, the UK’s House of Lords is also concerned about this technology trend and released a report urging the government to study the potential of DLT in the government service sector in the hope of gaining technological innovation advantages while better safeguarding the rights and interests of citizens. In general, the British House of Lords holds a relatively positive and positive attitude toward this emerging technology.n
nTranslation: Inan
The British parliament’s deputies issued a report highlighting the opportunities for adoption of the Distributed Book Listing Technology (DLT) across government services.n
The report said the technology could potentially have applications in a variety of industries, including customs and immigration, national security and public safety, healthcare, cybersecurity, etc., and noted that the decentralized trust mechanism of DLT could be used to change the relationship between government and citizens Relationship.n
The report urges the British government to prioritize the DLT’s potential to improve decision-making and deliver public services. In addition, the government needs to play “a strong guiding role” in researching and setting standards, leading experiments and promoting cross-sectoral cooperation.n
However, the report also outlines DLT-related threats as “immature” and underscores the risks posed by ICO and “unresolved issues” that may pose a threat to systems based on the technology.n
Lord Christopher Holmes, who was responsible for writing the report, wrote in the foreword:n
n”We believe DLT can play an important role in further providing government services to British citizens so as to ensure that Britain is a global leader in technological innovation and protect the government and citizen data that are increasingly being threatened.”n
nIn July 2016, a committee of the House of Lords presided over a discussion on blockchain technology and its implications for finance and government. Although this discussion explores the potential of the blockchain, it sometimes criticizes the financial and government implications of the technology.n

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