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Home > Cities Today > Issue 21 > The potential for Blockchain in local government

The potential for Blockchain in local government

By Dr Catherine Mulligan, Associate Director of the Imperial College Centre for Cryptocurrency Research and Engineering and Lee Omar CEO of Red Ninja Studios

Distributed Ledger Technology (DLT) came to prominence through its application within the digital currency Bitcoin. The benefits of an underlying distributed ledger, commonly referred to as the Blockchain, however has gained increasing attention over the past 18 months as its potential outside of the financial services industry has begun to be appreciated. Where the Internet created a platform for the exchange of information, the Blockchain creates a platform for the exchange of value. The potential for Blockchain within local government and cities more generally is now being taken seriously.

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The competition for capital How to attract more investment - What impact will autonomous vehicles have on cities? - Interview: Mayor of Cape Town - The potential for Blockchain in local government

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