On October 15, it was reported that the legislation necessary to use blockchain technology as a solution for storing files had been approved by the British government. In a press release on October 13, the UK announced that it hoped to stop using paper when processing official documents.
The Electronic Trade Documents Bill passed in the House of Lords on October 13 will make electronic paperwork legally recognized, reduce carbon emissions by at least 10%, and reduce an estimated 28.5 billion paper trade documents printed and flown around the world every day.
