Post
Topic
Board Economics
Re: Government should implement blockchain technology to prevent corruption.
by
agentx44
on 07/11/2018, 18:03:28 UTC
Blockchain is a good technology that will be use as a tool of transparency to every transaction being done. The government should know and develop a system like this on their system. This will eradicate corruption or transactions being made under the table because there will be a transparency on every transactions and how much money is involve. The budget of the people will be obviously utilize to its intended purpose. Would you agree with this idea?
In my own opinion, even government start to implement blockchain technology it wouldn't still prevent corruption because the reason why scammers be able to trick people by the use of blockchain that they were unable to be tracked, that is why it will be useless if they start implementing it. I also think that government will still steal money from us even we are now using blockchain technology because that is how politics works since it was created.