Post
Topic
Board Economics
Re: Does it helpful when blockchain integrated to government system?
by
Lanatsa
on 09/08/2019, 21:46:33 UTC
Blockchain has a significant potential to develop our government system. It will help our government in securing data of its citizen with reduction of costs. And also it will build an immense trust from the citizen since blockchain gives a transparent record of all transactions.


Blockchain technology is a unique development of our time, in its importance compared to the invention of the Internet. The scope of this technology will be constantly expanding. There is no doubt that when the blockchain is integrated into the government system, it will be a great breakthrough. The country who will do it will improve the economy first of all.
The question is, would they consider to apply it out? Blockchain tech does imply with transparency.All info and transaction can be seen on a ledger which I do highly

believe that those who are on government doesn't really like that kind of transparency(you know what I'm talking) yes it do pertains with shady acts.They don't like
for it to be uncovered so this would takes time when it comes to fully adoption.