Nov 2, 2016
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The government has awarded a contract to startup firm Credits to supply public services with blockchain platform as a service.
Credits was given the contract by the Crown Commercial Service (CCS) due to its successful application of its blockchain platform for the Isle of Man Government and its recent partnership with UKCloud, which provides the cloud infrastructure Credits’ distributed ledger sits on.
Public sector organisations, such as education, health, not-for-profits and emergency services, will be able to buy short-term contracts for the Credits’ blockchain-as-a-service platform through the Government Digital Service’s digital marketplace.
Distributed ledger technology is currently in use in the private sector in organisations to enable Bitcoin digital currency technology or to keep track of valuable goods, such as diamonds.