Share this article
UK Government Seeks Distributed Ledger Projects in £15 Million Competition
The UK Government has launched a new technology competition inviting submissions related to distributed ledger technology.
Updated Sep 11, 2021, 12:30 p.m. Published Sep 22, 2016, 1:01 p.m.
The UK government has launched a new technology competition, inviting submissions related to distributed ledger technology.
Innovate UK’s Emerging and Enabling Technologies programme, a branch of government that looks to “identify and speed up” technology by funding innovative businesses, will award up to £15 million to competing companies.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The competition description explains:
”Our aim is to inspire the new products, processes and services of tomorrow; those with the potential to unlock billions of pounds of value to industry and disrupt existing markets.”
Defined as technologies that “improve performance and productivity”, the list includes many other enabling technologies, including satellite applications, sensors, internet of things, and virtual or augmented reality.
The agency is looking for enabling technologies that are innovative, that show benefits across multiple industries, or that enable new business models. Registration ends at noon on 30th November.
Image via Shutterstock
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Altcoins plunge as bitcoin's $85,000 test triggers $550 million in liquidations
Solana tumbled below $120 to its weakest price since April, while SUI, DOGE and ADA also fell sharply.
What to know:
- Bitcoin is teetering on the brink of falling below $85,000 level, accelerating declines in the crypto market.
- Altcoins such as SOL, Cardano, ADA, SUI and dogecoin led Thursday's drop.
- $550M in liquidations hit derivatives markets, but analysts said the pullback looks like orderly deleveraging rather than full-blown panic.
Top Stories
