Tuesday 16th of January, Anaïs Ofranc, Founder of QualitaX had the privilege of attending a parliamentary roundtable on blockchain technology, hosted by @Natalie Elphicke OBE MP as part of the All-Party Parliamentary Group on Blockchain Technologies (APPG on Blockchain Technologies). The key question was whether UK policymakers are providing adequate support for blockchain innovation and the Web3 industry and what more can be done.
Our main contribution to the discussion was focused on the need to support and participate in standardization initiatives, particularly those focused on interoperability. It is in the interest of the UK public sector and UK Plc to avoid fragmentation and closed-off silos in the still-nascent industry. Interoperability allows for more innovation and growth. Interoperability with existing infrastructure and interoperability between emerging infrastructures will be a key success factor in leveraging blockchain technologies to deliver and realize value.