Her Majesty’s Revenue and Customs (HMRC) has delayed further work on a successful blockchain project in the wake of Brexit, according to a written parliamentary statement published Feb. 7.

The question about the distributed ledger project for customs needs was raised in the Q&A section on the United Kingdom Parliament’s website. On Jan. 30, Member of Parliament (MP) Eddie Hughes asked whether the government plans to use blockchain for customs systems after the U.K. leaves Europe. He also requested an update on a previously announced trial of the technology.

Continue Reading on CoinTelegraph

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





READ SOURCE

READ  EU Financial Watchdog to Monitor Crypto Assets

WHAT YOUR THOUGHTS

Please enter your comment!
Please enter your name here