Post
Topic
Board Economics
Re: Government should implement blockchain technology to prevent corruption.
by
wahyu wida
on 13/11/2018, 02:34:10 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?
supporting the government to use blockchain technology to reveal corruption, many corruption cases cannot be revealed because many of the perpetrators' hidden interests are with banks where corruption perpetrators hold a number of funds, the bank keeps a history of the transaction data on the corruption fund flow.
but as a government, they can still access banks in the interests of the state. this requires a process. but with the blockchain, it will be easier to watch, because during the process everyone can monitor it