[2016-10-14] Blockchain Could Reshape Finance Admin, UK Risk Assessors Say

A risk assessment agency within the UK government recently published comments on blockchain technology.

Primarily an overview, the publication by the Government Actuary's Department is the latest to emerge from within the UK government, which has seen a number of offices give their perspective on the technology.

Various offices within the UK government have begun a variety of initiatives focused on blockchain, including efforts to fund projects as part of its broader commitment to technological innovation. Earlier this summer, the UK agency in charge of its welfare programs initiated a trial that uses a blockchain to track payments, drawing scrutiny from some privacy advocated after it was announced.

For their part, the Department of Actuaries notes that, if adopted, the technology could help reinvent the way financial services manage themselves.

http://www.coindesk.com/blockchain-finance-admin-uk-risk-assessors/

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