The British Blockchain Association's avatar
The British Blockchain Association
BBA@primal.net
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Official Nostr account of the BBA. Advancing evidence-based adoption of Blockchain. Authored UK's National Blockchain Roadmap. Est. in 2017. #BritishBlockchain #BBA
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The BBA 9 months ago
๐Ÿ‡ฌ๐Ÿ‡ง The UK government has announced a further set of features that aim to be tested as part of the Digital Gilt pilot launched earlier this year: โžก๏ธ Delivering on-chain settlement. In line with the objective to test the full lifecycle of the UK sovereign debt issuance process, the government will prioritise solutions that allow DIGIT to be settled on DLT. This includes the cash leg of DIGIT transactions. โžก๏ธ Enabling settlement of over-the-counter trades. The ability to trade DIGIT between counterparties on a DLT platform is important for establishing an active market. This includes testing functionality of DLT compared to standard fixed income markets, such as the role smart contracts can play in over-the-counter trades. โžก๏ธ Supporting interoperability. Responses highlighted that a key barrier to adoption of DLT is that it could lead to a fragmented market. The government will look to work with industry, platform providers and existing market infrastructure providers to foster interoperability in supporting access to DIGIT from investors operating in both traditional and DLT markets. โžก๏ธ Deliver greater transparency. DLT platforms have the capability to provide greater visibility of securities ownership and other potential benefits. This is an important area where DLT can go beyond what is possible on existing infrastructure making it important to test how these benefits can be realised. ๐Ÿ›๏ธ The BBA, having contributed to various public consultations on blockchain and distributed ledger technologies (DLT), is closely monitoring these developments and will continue to liaise with all stakeholders and contribute as necessary. #Digital #Gilt #Blockchain #BBA image
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The BBA 9 months ago
๐Ÿ‡ญ๐Ÿ‡บ New JBBA citation from Hungary's University of Debrecen: โžก๏ธ Original #JBBA Paper cited: "Block-Change: Exploring Change Management Principles to Overcome Challenges in Blockchain Adoption", by Sean Manion and Gintare Geleziunaite. #EvidenceBasedBlockchain #BBA #Blockchain #ChangeManagement #Leadership image
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The BBA 9 months ago
A paper he co-authored with the Department for Business and Trade in 2023, BBA Fellow Sean Manion speaking at the BBA Forum on change management, Blockchain for clinical trials, and more. #Blockchain #Web3 image
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The BBA 9 months ago
๐Ÿ”Š Hot off the press! ๐Ÿ‡ฌ๐Ÿ‡ง We have submitted our comprehensive response to the Financial Conduct Authority's Consultation Paper โ€˜CP25/14: STABLECOIN Issuance and Cryptoasset Custodyโ€™. ๐ŸŒ Grounded in #industry research, #member surveys, and #scientific data, our evidence-driven submission addresses key #regulatory challenges and presents strategic recommendations to help shape a world-leading framework for Stablecoin and crypto custody that protects consumers, drives #innovation, and cements the #UKโ€™s leadership in Digital Assets. ๐Ÿ”Ž Key highlights from our response: ๐Ÿ“ Auditing Standards for Stablecoins: FCA-approved training for auditors reviewing tokenomics disclosures. ๐Ÿ“ Clarity and definitions of key terms (e.g. โ€œunconnected custodiansโ€, โ€œmaterial discrepancyโ€). ๐Ÿ“ Standards for Multi-Currency Stablecoins: Support for aligned standards with single-currency issuers, with targeted deviations for forex risks, including hedging and stress-testing. ๐Ÿ“ The use of omnibus wallets and DLT-based reconciliations, with appropriate guidance. ๐Ÿ“ Consumer Protection Beyond Duty: Consumer Duty alone is insufficient; additional requirements like statutory trusts and backing asset safeguards are essential to mitigate risks such as redemption failures and volatility. ๐Ÿ“ Backing Assets & Liquidity: Endorsement of high-quality asset compositions, dynamic redemption risk management alternatives (e.g., algorithmic buffers), and phased implementation for smaller issuers. ๐Ÿ“ Custody Safeguards: Emphasis on segregation, robust key management, record-keeping, and proportional rules to balance security with market access for smaller custodians. ๐Ÿ“ Cost-Benefit Analysis Views: While benefits like reduced losses are noted, we recommend sensitivity analysis, subsidies for compliance, and ongoing monitoring to avoid barriers for new entrants. ๐Ÿ“ Recommends allowance for operational exemptions (e.g. de minimis issuer-held coins). ๐Ÿค We extend our sincere thanks to BBA members, editors, advisors, and partners for their invaluable insights and contributions to this consultation response. โžก๏ธ Read the full submission here: https://britishblockchainassociation.org/wp-content/uploads/2025/07/Stablecoins-FCA-BBA-Response.pdf ๐Ÿ›๏ธ Established in 2017, The BBA works in close collaboration with regulators, policymakers, academics, industry leaders, and members of the public to advance evidence-led adoption of #Blockchain and #Cryptoasset technologies. We are also the Secretariat of the APPG on Blockchain Technologies. โžก๏ธ Interested in contributing to our work or becoming a member? ๐Ÿ“ฉ Contact us: info@britishblockchainassociation.org #Crypto #Regulation #Blockchain #DeFi #Stablecoins #Innovation #FCA #FinTech #DigitalAssets #UKPolicy #BBA #EvidenceBasedBlockchain
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The BBA 9 months ago
Chrissa McFarlane at BBA Forum held last week: #Blockchain image
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The BBA 9 months ago
Distribution of 21 Million #Bitcoin: image
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The BBA 9 months ago
โœˆ๏ธ Would you travel to another country to receive healthcare - On Chain and pay in Crypto? ๐ŸŽค Medical Tourism and Tokens: BBA Fellow Marc Pilkington FBBA shares insights and his JBBA research at the BBA Forum: image
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The BBA 9 months ago
๐Ÿ“Bitcoin has now surpassed Amazon to become the 5th largest asset in the world. image
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The BBA 9 months ago
๐ŸŽค At our recent BBA Forum, our member, BlockMed Pro, a UK-based HealthTech innovator, presents their MVP, showcasing how blockchain could revolutionise patient data ownership and care. Moments like these exemplify the power of the BBA community in driving real-world impact. ๐ŸŒ As a member of The BBA, you gain access to: โœ… Exclusive forums and events: Network with global pioneers, present your innovations, and collaborate on cutting-edge projects โœ… Contribute to, and get acknowledged in our public consultation reports and calls for evidence statements, showcasing your expertise both within the UK, and globally โœ… Global ecosystem: Join a network spanning 107 countries, including members, advisors, editors, Fellows, ambassadors, and partners advancing evidence-based blockchain adoption ๐ŸŒ โœ… Prestigious resources: Contribute to policy advocacy (e.g., UK National Blockchain Roadmap), showcase your work in the worldโ€™s first peer-reviewed blockchain journal (JBBA), network with Members of Centre for Evidence Based Blockchain (CEBB), and participate in international conferences and roundtables at Blockchain Associations Forum (BAF), SIBIS, ISCs, in the Metaverse, and more. โœ… Connect with industry leaders for strategic insights and growth opportunities. Whether youโ€™re a startup or corporate entity, BBA membership empowers you to lead in the blockchain revolution while building knowledge, skills, and connections. โœ… Contribute to our work as the Secretariat of the APPG on Blockchain Technologies ๐Ÿš€ Donโ€™t miss out - join the BBA today and be part of our global ecosystem! โžก๏ธ To find out more about BBA Membership, reach out to us at: info@britishblockchainassociation.org โžก๏ธ BBA YouTube Channel: #Blockchain #HealthTech #BBAForum #Innovation #JoinBBA #Web3 #Crypto #BBA #Member #DistributedLedgerTechnology #EvidenceBasedBlockchain
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The BBA 9 months ago
๐ŸŒ Bitcoin has surpassed Google to become the 6th largest asset in the world. image
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The BBA 9 months ago
๐ŸŽ“ Proof of Learning. On-Chain. Forever. At The British Blockchain Association, we donโ€™t just talk about innovation โ€” we record it on the blockchain. โœ… Every BBA event now issues a Proof of Attendance NFT (#POAP) โ€” a verifiable, immutable record of participation and CPD. ๐Ÿ“Whether itโ€™s our ISC Conference, the APPG Parliamentary AGM, or the monthly BBA Forums โ€” your engagement is now permanently logged on-chain as a Certificate of Continuing Professional Development (โžก๏ธ Web3 CPD). This is more than a digital badge โ€” itโ€™s a movement towards evidence-based, decentralised professional recognition. ๐ŸŒ ๐Ÿ”— Collected via Gnosis. Secured on-chain. Owned by you. ๐Ÿ’ก Are you building your Web3 CPD portfolio yet? #Blockchain #Web3 #NFT #DigitalCredentials #POAP #ProofOfLearning #EvidenceBasedBlockchain #JBBA #BBA #DigitalAssets #Web3Education image
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The BBA 9 months ago
๐Ÿ“A regulator enquired: "How is your DeFi project audited?" How would you respond? image
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The BBA 9 months ago
๐ŸŽฅ Missed yesterdayโ€™s โ€œBlockchain for Healthcareโ€ BBA July Forum? โบ๏ธ Donโ€™t worry โ€” the full session recording will be available soon on our official YouTube channel. ๐Ÿ”— Stay tuned to catch insights from leading experts on how blockchain is transforming healthcare systems, data integrity, and patient-centric innovation. โžก๏ธ Subscribe to our YouTube channel now so you donโ€™t miss it: https://youtube.com/@thejbba #Blockchain #Healthcare #DigitalHealth #Web3 #DataGovernance #BBAForum #EvidenceBasedBlockchain #JBBA #HealthTech #Innovation #TrustInTech image
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The BBA 9 months ago
๐ŸšจElectronic Health Records on the Blockchain: ๐Ÿ“New JBBA Research Alert ๐Ÿ”’ Blockchain-Enhanced Privacy and Security in Electronic Health Records (#EHRs): A novel, scalable framework for decentralised health data management ๐Ÿ“ Authored by Nagaraj Segar and Vijayarajan Vijayan of Vellore Institute of Technology, Tamil Nadu, ๐Ÿ‡ฎ๐Ÿ‡ณIndia โžก๏ธ In a healthcare landscape plagued by data breaches, this research introduces a sidechain-enabled, hybrid-encrypted blockchain solution โ€” validated using the real-world MIMIC-III dataset. ๐Ÿฅ Key Takeaways for Industry: โœ… Sidechain architecture boosts scalability โ€” 45% increase in transaction throughput over traditional EHR systems. ๐Ÿ” Hybrid encryption (AES-256/RSA + ECC) protects sensitive health data while reducing computational burden. โš™๏ธ Smart contracts enable role-based, automated access control โ€” reducing reliance on third-party intermediaries. ๐Ÿ“ˆ Real-world testing shows superior performance in latency, throughput, and security metrics compared to centralised systems. ๐ŸŒ Compatible with decentralised, multi-institutional healthcare networks โ€” including private and public sector providers. ๐Ÿ›๏ธ Key Implications for Policymakers: ๐Ÿ“œ Regulatory readiness: Framework supports GDPR and HIPAA compliance with cryptographic audit trails and dynamic access governance. ๐Ÿ“Š Public health resilience: Enables secure data sharing in critical settings (e.g. pandemic response, insurance claims, research trials). ๐Ÿ”„ Interoperability challenge: Calls for standardisation across EHR systems and blockchain networks to ensure real-world integration. ๐Ÿ’ก Highlights the need for national standards for blockchain in healthcare (e.g., IEEE, ISO, ITU-T) to support adoption at scale. ๐Ÿ”— Read the full paper (Open Access): โžก๏ธ JBBA Editor in Chief: Prof. Dr @Prof Naseem Naqvi MBE MBE FBBA #Blockchain #Healthcare #EHR #DataSecurity #Web3 #DigitalHealth #Privacy #Decentralisation #SmartContracts #Interoperability #JBBA #EvidenceBasedBlockchain #Policy image
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The BBA 9 months ago
๐Ÿ“Emirates Airlines to Accept #Crypto Payments Under Deal With Crypto.com ๐Ÿ‡ฆ๐Ÿ‡ช Dubai-based airline Emirates has signed a preliminary deal with Crypto.com to introduce crypto payments for flight bookings. The partnership, aimed at attracting younger, digital-first customers, is expected to launch next year. Emirates is the latest in a series of UAE firms embracing digital currency payments. - via @Reuters :press: image
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The BBA 9 months ago
๐Ÿ“Bank of England Eyes Blockchains & Distributed Ledger Technologies in Financial Stability Report โžก๏ธ The Bank of Englandโ€™s latest Financial Stability Report says the central bank is exploring how innovations such as distributed ledger technology and new forms of central bank money could enhance financial stability. The bank is also backing international coordination to manage crypto and stablecoin risks. #Payments #BoE #Blockchain #DLT #Stablecoin #Crypto #Policy #DigitalFinance #Regulation #CBDC image
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The BBA 9 months ago
๐ŸŽ–๏ธ Know a policymaker, regulator or thought-leader shaping the future of Blockchain and Digital Assets? โžก๏ธ Nominate them for the BBA Fellowship (#FBBA) โ€” the highest honour awarded by The British Blockchain Association. ๐ŸŒ Recognising outstanding contributions to: โœ”๏ธ #Blockchain โœ”๏ธ #Cryptoassets โœ”๏ธ #Web3 policy, regulation, research, and adoption ๐ŸŽ“ New Fellows will be formally inducted at #ISC2026 in London โ€” the worldโ€™s premier blockchain scientific gathering. ๐Ÿ“… Deadline: 15 July ๐Ÿ“ At least one nominator must be a current BBA Fellow ๐Ÿ”— Nominate now: ๐ŸŽ“ Chair of Fellowship Committee: Prof. Dr @Prof Naseem Naqvi MBE MBE FBBA #FBBA #DigitalAssets #CryptoPolicy #Leadership #Fellowship #Award #Innovation
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The BBA 9 months ago
๐Ÿ“๐Ÿ‡ฌ๐Ÿ‡ง FCA leadership to face Lords Committee Over 5-Year Strategy: ๐Ÿ›๏ธ Senior leaders from the Financial Conduct Authority (FCA) will appear before the UK House of Lords Financial Services Regulation Committee next week to face questions on the regulatorโ€™s recently launched five-year strategy. โœ… The session will see FCA Chief Executive Nikhil Rathi, Deputy Chief Executive Sarah Pritchard, and Executive Director for Authorisations Sheree Howard give evidence to the committee. โžก๏ธ Launched in March 2025, the FCAโ€™s five-year strategy sets out four key priorities: becoming a smarter regulator, supporting financial sector growth, helping consumers, and tackling financial crime. Rathi said at the time that the strategy is designed to respond to a rapidly evolving landscape, building on recent reforms to drive greater efficiency and effectiveness. โžก๏ธ The Lords committee is expected to scrutinise how the FCA plans to deliver on these priorities, how progress will be measured, and how the regulator will balance innovation and growth with consumer protection and market integrity. More information: House of Lords Committee work page / FCA press release on 5-year strategy: https://committees.parliament.uk/work/9252/work-of-the-financial-conduct-authority-fca-the-fcas-fiveyear-strategy/ ๐Ÿ‡ฌ๐Ÿ‡ง As Secretariat of the APPG on Blockchain Technologies, the British Blockchain Association continues to provide evidence-led insights to the House of Lords on the future of #Crypto, Web3 and Blockchain technologies: ๐Ÿ‘‰ #Blockchain #Crypto #Web3 #Policy #Regulation image
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The BBA 9 months ago
๐Ÿ“BBA Forum July: Healthcare on the Blockchain ๐Ÿ“ Medical fraud costs $250B+ annually โ€” Blockchain can reduce this. ๐Ÿ“30% of global healthcare data is inaccurate or siloed. ๐Ÿ“3 out of 4 patients want control over their own health records. ๐Ÿฅ From Tokenised Medical Research to Patient-Owned Data โ€” the next frontier of health innovation is Decentralised Healthcare on the Blockchain. ๐Ÿ“… Join us on 9 July 2025 at 4:00 PM (UK) for the BBA Forum, where industry pioneers will explore how Blockchain is reshaping data ownership, trust, and digital health infrastructure. ๐ŸŽ™๏ธ Featuring: โœ… Dr Burhan Ahmed Ahmed (CEO, BlockMed Pro) โœ… Prof Dr Marc Pilkington FBBA (JBBA Associate Editor in Chief and BBA Fellow) โœ… Chrissa McFarlane (CEO, Patientory, Inc. ) โœ… Dr Sean Manion FBBA, JBBA Editor and BBA Fellow โœ… Prof. Dr @Prof Naseem Naqvi MBE MBE FBBA (President, @The British Blockchain Association) โœ… Moderator: Deborah Jane Cleary, BBA Secretariat Join Online: ๐ŸŒ Zoom Meeting ID: 872 3105 8220 ๐Ÿ” Passcode: 318143 #Blockchain #Healthcare #Tokenisation #Research #Trials #Decentralised #MedicalRecords #Web3 #BBA #JBBA #CEBB image
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The BBA 9 months ago
๐Ÿšจ 10 striking similarities between the ๐Ÿ‡บ๐Ÿ‡ธ U.S. Blockchain Act 2025 and the ๐Ÿ‡ฌ๐Ÿ‡ง UK Blockchain Roadmap 2021: 1๏ธโƒฃ Mandate Transparent Progress Reviews: ๐Ÿ‡บ๐Ÿ‡ธ "Require annual public reporting on blockchain adoption metrics, risks, use cases, and legislative gaps" ๐Ÿ‡ฌ๐Ÿ‡ง UK NBR 15: "Conducting regular evaluations and audit of blockchain programmes, "and 8: "Foster Evidence-informed policies.." 2๏ธโƒฃ ๐Ÿ›๏ธ Leadership & Governance: ๐Ÿ‡บ๐Ÿ‡ธ "Establish new Blockchain & DLT Subcommittee and mandates the creation of a multi-stakeholder National Blockchain Deployment Advisory Committee." ๐Ÿ‡ฌ๐Ÿ‡ง UK NBR 7: "Establish Sub-Speciality Steering Groups (SSGs)." 3๏ธโƒฃ ๐Ÿข Establish Public Sector Use Cases: ๐Ÿ‡บ๐Ÿ‡ธ "Encourages blockchain deployment across identity management, procurement, records verification, healthcare, logistics, and more." ๐Ÿ‡ฌ๐Ÿ‡ง UK NBR 11: โ€œBlockchain for Public Servicesโ€ and 2: "Build a public repository of successfully blockchain use cases.." 4๏ธโƒฃ ๐Ÿ“‘ Standards & Interoperability: ๐Ÿ‡บ๐Ÿ‡ธ "Define technical standards, interoperability protocols, risk frameworks, and secure infrastructure models in coordination with stakeholders." ๐Ÿ‡ฌ๐Ÿ‡ง UK NBR 5: "Agree upon Taxonomy of Evidence, Frameworks and Standards" 5๏ธโƒฃ ๐ŸŒ Global Competitiveness & Cooperation: ๐Ÿ‡บ๐Ÿ‡ธ The Act "positions blockchain as strategically vital and supports U.S. participation in international standard-setting and policy harmonisation." ๐Ÿ‡ฌ๐Ÿ‡ง UK NBR 13: " International Partnerships: Garner support through collaboration with other countries.." 6๏ธโƒฃ ๐Ÿ“Š Best Practices, Reporting & Oversight: ๐Ÿ‡บ๐Ÿ‡ธ "Mandates annual progress reporting to Congress and the publication of guidelines and cost-benefit evaluations to support evidence-based blockchain deployment." ๐Ÿ‡ฌ๐Ÿ‡ง UK NBR 3: "Establish measures to Audit the societal impact of Blockchain applications.." 7๏ธโƒฃ Develop Multi-Stakeholder Implementation Roadmaps: ๐Ÿ‡บ๐Ÿ‡ธ "involve academia, SMEs, public agencies, and civil society to shape national blockchain frameworks and ensure diversity of input..." ๐Ÿ‡ฌ๐Ÿ‡ง UK NBR Recommendation 1: "Foster 'Quadruple Helix' blockchain ecosystem (Government - Academia - Industry - Society) 8๏ธโƒฃ Focus on "Public Value": ๐Ÿ‡บ๐Ÿ‡ธ To fund pilots in healthcare, supply chains, digital ID, education, and financial infrastructure to generate measurable public value. ๐Ÿ‡ฌ๐Ÿ‡ง UK NBR 11: "Utilise the potential of Blockchain for Government and Public Services" 9๏ธโƒฃ ๐Ÿ‡บ๐Ÿ‡ธ "Invest in Capacity Building": ๐Ÿ‡ฌ๐Ÿ‡ง UK NBR 9: "Commit resources to generate and deploy quality evidence and 10: "Direct resources to programmes backed by evidence". ๐Ÿ”Ÿ ๐Ÿ“ˆ Industry Growth & Workforce Development: ๐Ÿ‡บ๐Ÿ‡ธ "Prioritises a future-ready workforce, with an emphasis on blockchain education, training, and publicโ€“private talent pipelines.." ๐Ÿ‡ฌ๐Ÿ‡ง UK NBR 16: "Establish a long-term Roadmap for industry growth and workforce planning" #UK #Blockchain #Roadmap #US #NBR #Crypto #Policy #Bitcoin #EvidenceBasedBlockchain image
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