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:
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
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.