The UK government will use blockchain to store digital versions of documents

The UK government has approved a decree granting blockchain the status of the most secure repository for documents of the country’s main agency. In a press release dated October 13, the office announced its desire to abandon the use of paper in the execution of official documents.

The Electronic Trade Documents Bill, which was passed on Wednesday in the House of Lords, will allow British lawmakers to legally recognize electronic document flow. In turn, this will reduce carbon dioxide emissions by at least 10%. According to experts, paper copies of documents will be reduced by as much as 28.5 billion units.

Michelle Donelan, Minister for Digital Affairs of the United Kingdom, said: «The United Kingdom played a central role in establishing the international trade system in the nineteenth century, and we are once again becoming a world leader to drive global trade in the twenty-first century. Our plans to digitize the way we do business will make it easier for UK firms to market to their partners — helping to grow the economy, reduce carbon emissions and boost productivity.»

This week, the House of Lords paid special attention to technology. It was the first time a robot was able to address the government. Ai-Da artificial intelligence took part in a meeting of the Communications and Digital Technology Committee and shared its views on the development and prospects of the creative industry.