Government assesses blockchain suitability for welfare payments

The UK government has begun assessing the suitability of blockchain technology for processing Britain’s benefits payments in the latest expansion of the sector.
Working in partnership with Barclays, Npower, University College London and a distributed ledger platform called GovCoin the department for work and pensions is spearheading the drive to create a new app to track spending.
Welfare reform minister Lord Freud said: "Claimants are using an app on their phones through which they are re