Post
Topic
Board Economics
Re: BLOCKCHAIN TECHNOLOGY
by
jimmyd178
on 15/10/2018, 12:29:14 UTC
Blockchain technology is a very unique and beautiful program which was created today but I just realized it could be the solution for corruption which was happening all over the world. The Government works for the public right? So the public should be allowed to view what or where the money goes. It would be nice if we could view the public wallet or government funds and you can view each transactions. The blockchain transactions can be viewed publicly. We are paying taxes for the benefit of our country so it would be nice if this kind of technology will be implemented. What are your thoughts? Could this be possible or not?

PS: These are only my opinion, feel free to delete this thread if it's uninteresting subject. Also, feel free to delete this if someone already created similar topic about this.
The transparency in blockchain is one beauty of the technology but, government can adopt blockchain for  the sake of accountability and transparency, with rising case of adoption in countris like Chile, switzerland and many more... https://www.globalbankingandfinance.com/every-week-more-governments-are-announcing-blockchain-adoption/
What is more interesting is the push for mass adoption by leading innovations like Mfchain among others. We are witnessing a shift in mindset which will gradually embrace blockchain.