Post
Topic
Board Bitcoin Discussion
Re: Blockchain technology has the potential to transform government
by
Dunamisx
on 21/02/2024, 14:47:56 UTC
Researchers and practitioners have demonstrated that the benefits of blockchain and distributed ledgers aren’t limited to cryptocurrencies such as Bitcoin.  

How possible is this ?

Quote from: https://blogs.worldbank.org/governance/blockchain-technology-has-potential-transform-government-first-we-need-build-trust

Blockchain technology is an open distributed ledger anyone can venture into using it for their specific purpose, there are many networks found on it, just as you can discover the bitcoin network, DAO, Defi, Smart contracts and many other applications that we can use this technology to apply for our daily use, governments are also using this same digital technology in some areas of their needs where necessarily applicable, same applies to institutions, organization and personal use for our own products or company, we can explore it, know about some areas were they are applicable to the economy aside cryptocurrency.