Cryptocurrencies: 2423 / Markets: 17958 Market Cap: 24h Vol:
2019-08-13 19:30:04

UK’s DWP targeting blockchain for better scalability

The United Kingdom’s Department of Work and Pensions has announced that they will be exploring the possibility to use distributed ledger technology to apply to its operations in the future. According to the director of the DWP, Richard Laycock, 20 million people are active users of their services, therefore they need to absolutely ensure a fast transaction system in order to keep operations efficient. However, having so many customers guarantees that a system will slow down, therefore forcing the DWP to use distributed ledger technology for better data storage and efficiency. It’s likely that the blockchain used will belong to