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?
Cryptocurrency can not significantly affect the reduction of corruption in the world. Cryptocurrency does not make financial manipulations of officials more transparent, and if it could do this, then corrupt officials would find other ways to continue their illegal activities. However, given the greater degree of anonymity and confidentiality of cryptocurrency, the cryptocurrency will even contribute to an increase in corruption. .rai bribes in cryptocurrency are very convenient even in the event that law enforcement agencies will monitor the commission of this crime. It is very difficult to bring affiliation of a wallet to certain individuals, especially in those cases if the wallet is new. And without access to the secret key, even the court cannot confiscate the cryptocurrency.