UK Government Seeks Distributed Ledger Projects in £15 Million Competition

The UK Government has launched a new technology competition inviting submissions related to distributed ledger technology.

AccessTimeIconSep 22, 2016 at 1:01 p.m. UTC
Updated Sep 11, 2021 at 12:30 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global event for everything crypto, blockchain and Web3.Register Now

The UK government has launched a new technology competition, inviting submissions related to distributed ledger technology.

Innovate UK’s Emerging and Enabling Technologies programme, a branch of government that looks to “identify and speed up” technology by funding innovative businesses, will award up to £15 million to competing companies.

The competition description explains:

”Our aim is to inspire the new products, processes and services of tomorrow; those with the potential to unlock billions of pounds of value to industry and disrupt existing markets.”

Defined as technologies that “improve performance and productivity”, the list includes many other enabling technologies, including satellite applications, sensors, internet of things, and virtual or augmented reality.

The agency is looking for enabling technologies that are innovative, that show benefits across multiple industries, or that enable new business models. Registration ends at noon on 30th November.

Image via Shutterstock

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.