Blockchain technology can bring as many benefits to governments as it does to businesses and the general public. If used properly, it can be deployed to improve services and streamline processes in a way that’s fairer, more transparent, and more accountable for all stakeholders.
The BSV Blockchain Association’s Global Public Policy Director Bryan Daugherty commented in a piece for the United Kingdom’s Evening Standard as a preview for the London Blockchain Conference, which starts next week. He highlighted using automated smart contracts in service provision and solidifying regulatory frameworks, processes that leave an auditable data trail that is difficult to manipulate.
       These benefits can only be realized if a blockchain provides a single, universal stream of truth that earns trust from its users. Therefore the blockchain network must be secure and operate on base protocol rules that don’t change. It must also be able to scale to handle the sheer volumes of data it will process. Bitcoin SV (BSV), running on Bitcoin’s original protocol rules, is the only existing blockchain that combines these conditions with a 14-year performance history. It has the ability to scale unboundedly, meeting the requirements of governments, businesses, finance, and everyday users.
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