Written question asked by Martin Docherty-Hughes (Scottish National Party) on Wednesday, 23 May 2018, in the House of Commons. It was due for an answer on Monday, 4 June 2018. It was answered by Kit Malthouse (Conservative) on Tuesday, 5 June 2018 on behalf of the Department for Work and Pensions.
Social Security Benefits: Cryptocurrencies
- Question
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To ask the Secretary of State for Work and Pensions, how much was paid from the public purse to GovCoin to undertake trials on the use of blockchain technology for the welfare and benefits system.
- Answer
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In 2016, we ran a proof of concept pilot to explore GovCoin’s (DISC) capability. The pilot came to an end in early 2017.
No public money was paid to Govcoin. Equally, Govcoin made no payment to the Government for this exploratory exercise. We have no plans to do any further work with GovCoin.
Secondary information
- Type
- Written question
- Reference
- 147471
- Session
- 2017-19
- Subjects
- Expenditure Pilot schemes Social security benefits Cryptocurrencies Blockchain Govcoin
- Contains statistics
- Yes
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2018-06-06 21:04:59 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/147471
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/147471
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/147471