Post
Topic
Board Economics
Re: Government should implement blockchain technology to prevent corruption.
by
Bonsaiav
on 11/11/2018, 13:35:05 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?

I strongly agree and hope that this technology will eventually be adopted by the government, especially for those whose countries are vulnerable to acts of corruption. Indeed it has become a necessity for state administrators to implement blockchain technology into the country's financial system, because this technology is believed to be very capable in conducting transparent transactions, especially those that occur in various angles the dark behavior of officials who love corruption.