Distributed Ledger Technology for Public Service Provision

A talk by Christopher Holmes Baron Holmes of Richmond MBE
Parliamentarian, House of Lords

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About this talk

Technology does not need to be miraculous but it must be sufficient. Does it solve a problem? Does it enable and include? I believe one of the 4IR technologies with the most potential to transform lives and public services is Distributed Ledger Technology (DLT). In my presentation I will provide an update on DLT proofs of concept in trade and construction and explain how both examples illustrate the creation of ‘digital trust’, reducing paperwork, reducing errors, reducing data fragmentation and enhancing traceability and accountability. Building on the main argument of my 2017 paper (DLT for Public Good; Leadership, Collaboration and Innovation) I believe we still need to see greater leadership and investment from government to ensure this technology benefits all citizens. The opportunity is for government to bring to bear its broad interests, leadership and expertise to stimulate and shape commercial development in the public interest. https://chrisholmes.co.uk/wp-content/uploads/2020/12/Distributed-Ledger-Technologies-for-Public-Good_leadership-collaboration-and-innovation.pdf