Ethereum
$126.07 2.24%
ETH · 36w

Blockchain for government - Adoption is increasing across the board, in particular for Ethereum.

Blockchain for government Adoption is increasing across the board, in particular for Ethereum.

It’s not the first time I write about how governments around the world are looking at blockchain technology to improve services, secure transactions, and enhance security and trust. This trend is growing and is showing a great deal of attention from agencies around the world, both national and local, including at city level.

Blockchain is now a topic of discussion for politics with government officials interested in better understanding the dynamics of blockchain beyond Bitcoin and cryptocurrencies. And indeed, blockchain “has many applications for the public sector that can improve the quality of government services, safeguard property rights, prevent fraud, cut red tape and waste while improving transparency,” as Mohit Mamoria explained to Jorge Barba here on Medium.

According to Deloitte Gov, “blockchain’s influence in the public sector will be mostly behind the scenes. But the technology has the potential to bring security, efficiency, and speed to a wide range of services and processes.”

In February, for example, IBM Blockchain team surveyed 200 government leaders in 16 countries on their experience and expectations for blockchain.

The study — titled Building Trust in Government: Exploring the Potential of Blockchain — concluded that this technology offers the opportunity to tackle the trust and bureaucracy challenges head on. It found that a significant percentage of what they identified as ‘trailblazer’governments “are launching projects that apply blockchain to transform regulatory compliance, contract management, identity management and citizen services.” According to IBM, “Blockchain offers a new approach to enhancing transparency and collaboration between governments, business and citizens.”

Recently, the U.S. Department of State has launched the Global Engagement Center’s (GEC) Technology Series to look at di...

Continue on hackernoon.com
Recent news
ETH +2.24% · trustnodes.com · 11h

Is Polkdot a threat to Ethereum?

“The race is on” said recently Jorge Izquierdo of Aragon, an ethereum dapp that might also be built on Polkadot, a new ethereum2.0-like blockchain built by Parity Tech. Parity runs...
11
ETH +2.24% · mobile.twitter.com · 16h

Former JPM Blockchain "OG" Tweetstorm

1/ With all the buzz around JPM Coin, I have some Feelings as a JPM Blockchain "OG" especially as people jump onboard the bash-train. They're completely missing why this is important progress for the ...