Lord Holmes of Richmond (Con)

My Lords, I will speak to my Amendment 63. I thank the noble Earl for the excellent way in which he introduced the group and covered the amendments with such eloquence. This is a very straightforward amendment whose purpose is clear: to have an immutable cryptographic record of such important decisions. I agree entirely with the noble Earl. The blockchain reference is merely illustrative but it also shows the unfortunate speed that I was flying at when I was drafting. I would like to have set out criteria that any technology would need to meet to achieve the objectives in the amendment. That was the approach that we took in the Electronic Trade Documents Act, for example, when we specified no particular technology but set out a series of criteria that any technology would have to meet to be able to perform the task. If we can import that into our considerations of this amendment, that would get us pretty much to where I am at. The point is that blockchain would more than suffice for the task. There is obviously a difference between blockchain and distributed ledger technologies, which we do not need to go into at this stage, but there are technologies that have not even come to fruition, never mind to a level of usability at this stage, which almost certainly will have a part to play in such illustrations as this. It is critical, though I failed in this amendment, to have technology neutrality, because through that technology neutrality you give yourself the best opportunity of having technology future-proofing. If the Minister could respond with those thoughts in mind, which are in the text but I wrote them in white ink on a white page, I would be obliged.