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Written Question
Blockchain
Thursday 4th May 2023

Asked by: Lisa Cameron (Conservative - East Kilbride, Strathaven and Lesmahagow)

Question to the Department for Science, Innovation & Technology:

Whether her Department is taking steps to help support the development and use of blockchain technology.

Answered by Paul Scully

In the spring 2023 Budget, the government committed to be ahead of the curve on the future of web technology, which includes Web3 and other blockchain-based technologies.

My department will work to maximise the potential of Web3 and spur UK growth and innovation, alongside empowering individuals to influence how their data is used, and minimising any harms to the economy, security, and society.