Post
Topic
Board Economics
Re: Government should implement blockchain technology to prevent corruption.
by
hahay
on 26/10/2018, 17:14:50 UTC
Corrupt officials in some countries will not go for the use of blockchain technology, but European countries with low levels of corruption are likely to integrate this technology into their structure and further reduce the level of corruption. But this is just one example of the use of blockchain technology in the economic structure of a country.
That is why there are governments from every country that adopts bitcoin and there are some who are neutral and even forbid it, I don't know for sure what the main reason is, but if we are more inclined to this corruption activity then maybe we can conclude if they are still hesitant to use technology blockchain because we know its transparent nature which will lead to narrower space for corruptors. Blockchain technology will indeed be very good and effective if they are able to implement it and receive a lot of support from many of their communities.