UK’s Pensions and Welfare Department Eyes DLT for Faster Payments
The U.K. Department for Work and Pensions is investigating distributed ledger technology as a way to boost its payments systems.
The accounting giant is using blockchain tech to assist governments in improving transparency and accountability in the management of public funds.
The government-backed program will bring trade and contract data into distributed ledgers.
The Swiss Federal Council has adopted a revised proposal to remove legal hurdles still holding up blockchain innovation, and will pass the legislation to the parliament.
A new bill from Uzbekistan's Ministry of Energy would triple the price of power for miners, raising fears it could stifle the local mining industry.
Germany's cabinet has passed a national strategy for exploring blockchain tech, while limiting the threat of stablecoins like Facebook's Libra.