Blockchain technology could be used in the UK's Electronic Trade Documents Bill, due to come into effect this fall, CoinDesk reported. A spokesperson for the UK government explained that it would approve the use of blockchain technology if it meets a series of tests. The bill was officially enacted on the 20th and aims to digitize document storage solutions.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Blockchain technology could be used in the UK's Electronic Trade Documents Bill, due to come into effect this fall, CoinDesk reported. A spokesperson for the UK government explained that it would approve the use of blockchain technology if it meets a series of tests. The bill was officially enacted on the 20th and aims to digitize document storage solutions.