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.
Governments have been implementing Blockchain Technology for transparency already. One such case is Canada,
https://explorecatena.com/. As you can see in their website, you can go and browse government spending thru Blockchain. You can even see it in explorer so its there's no doubt that you know where the money is going. I'm sure that this is just the beginning and other governments will also implement it on their backyard, or maybe some of them are already is, but it was not yet reported.
Wow! It is quite interesting to see the blockchain technology being used by the Canadian government and I believe like you said, this is just a start. However, we also have to understand that it all balls down from the whole system of governance straight from the leader, and for some of the countries where corruption is a deep issue, and the leaders are not even ready to combat it as they are the main culprit, this would be hard to come by.
As time goes on anyway, we will get to see most of them come around and I can tell something like this would really bring about a huge level of transparency within the government in general as well as even the citizens, and that is something pretty good.