UK Pension Office Relies on Blockchain Technology

Richard Laycock, Deputy Director for Digital Payments and Banking Systems at DWP, decided to update the company's payment infrastructure: to make it more efficient, faster, scalable, innovative and flexible. For these purposes, the company decided to start researching blockchain technology.

In addition, a senior official noted that it is possible to create totally new types of services, as well as business models with the help of the technology of a distributed registry.