UK Trade Groups Push for Blockchain in US Tech Deal
UK trade bodies urge the government to include blockchain in the UK-US Tech Bridge to avoid falling behind in innovation.
- UK trade groups warn of missing blockchain in the Tech Bridge.
- Exclusion could risk UK’s leadership in digital innovation.
- Industry pushes for stronger US-UK blockchain collaboration.
Several UK trade groups have issued a strong appeal to the government, urging it to include blockchain technology in the UK-US “Tech Bridge” initiative. This collaborative framework aims to deepen technological cooperation between the two nations, but current plans reportedly lack specific reference to blockchain.
According to a report by Bloomberg, trade bodies representing the UK’s digital and fintech sectors are concerned that leaving blockchain out of the agreement could jeopardize the UK’s role in shaping the future of global digital infrastructure.
These groups argue that blockchain is no longer a fringe innovation but a core component of financial services, supply chain management, and cybersecurity. Ignoring its inclusion in such a major international tech pact could limit future opportunities and weaken the UK’s global competitiveness.
Warning Against Falling Behind the US
The “Tech Bridge”, launched in 2021, is intended to promote collaboration on emerging technologies like AI, quantum computing, and 5G. However, UK stakeholders are pointing out the obvious omission of blockchain—a technology that the US continues to heavily invest in through both public and private sectors.
Without proactive support from the UK government, the country may fall behind in regulatory development, innovation funding, and cross-border pilot projects that use blockchain for real-world solutions.
Trade groups are now calling on policymakers to explicitly include blockchain in future versions of the Tech Bridge agreement, ensuring the UK remains a central player in global tech innovation.
Strengthening Transatlantic Blockchain Ties
Incorporating blockchain into the Tech Bridge would open doors for joint research, regulatory alignment, and investment. It would also help UK-based startups and blockchain firms collaborate with American counterparts, boosting innovation and economic growth.
Experts believe that if the UK doesn’t act now, it risks not only missing out on economic benefits but also losing influence in shaping global blockchain standards.
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