On the day of the paper’s publication, City A.M. reported:
‘Conservative MP Eddie Hughes calls for the government to focus its attention on using blockchain to enable social freedom, increase efficiency and rebuild societal trust.
Hughes makes a series of recommendations in his report ‘Unlocking Blockchain’ issued today including the appointment of a public-facing chief blockchain officer to coordinate the UK’s strategy on applying blockchain technology to public services and data.
The report, published by Tory think-tank Freer, also proposes that government departments should have a ‘long-term target’ of making a one per cent efficiency saving by using blockchain and other associated innovative technologies. For context, that would equate to savings of as much as £8bn on the government’s 2017-18 managed expenditure expectation.’
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