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Written question asked by Alun Cairns (Conservative) on Friday, 1 December 2023, in the House of Commons. It was due for an answer on Tuesday, 5 December 2023. It was answered by Saqib Bhatti (Conservative) on Monday, 11 December 2023 on behalf of the Department for Science, Innovation and Technology.


HM Land Registry: Blockchain

Question

To ask the Secretary of State for Science, Innovation and Technology, pursuant to the Answer of 27 November 2023 to Question 2866, whether she plans to take steps to further roll out the use of blockchain technologies.

Answer

This Government is committed to maximising the benefits and minimising the risks of new technologies. The Government has committed to increasing public expenditure on R&D to £20 billion per annum by 2024/2025. This cash increase will support the growth of innovator hubs and continue to fund a range of R&D programmes which will help boost the potential of new technologies including blockchain.

My department will continue to monitor the development of distributed ledger technology to ensure we maximise its potential to spur UK growth and innovation.


Secondary information

Type
Written question
Reference
4875
Session
2023-24
Related items
HM Land Registry: Blockchain
Monday, 27 November 2023
Written questions
House of Commons
Blockchain and Non-fungible Tokens
Thursday, 14 December 2023
Written questions
House of Commons
Transferred
Yes
Subjects
HM Land Registry Blockchain
Link
View this Written question on www.parliament.uk