Understanding Blockchain : distributed ledger technology

This could revolutionise the way organisations are run but few understand how it works. See this UK Government video which helps to explain it

https://youtu.be/4sm5LNqL5j0

What are the implications for housing ? We need to have this debate but it seems to me that it could

1 speed up  government departments' payment of Universal Credit and Housing Benefit ;

2  help with procurement and contract management  and

3 help with asset sales and purchases

For more read  https://www.gov.uk/government/publications/distributed-ledger-technology-blackett-review

 

Sir Mark Walport the reports author said :

“Distributed ledger technology has the potential to transform the delivery of public and private services. It has the potential to redefine the relationship between government and the citizen in terms of data sharing, transparency and trust and make a leading contribution to the government’s digital transformation plan.”

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