Post
Topic
Board Bitcoin Discussion
Re: Blockchain technology has the potential to transform government
by
avikz
on 22/02/2024, 04:41:57 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

It surely can! But it depends on the government on how willing they are to make the data public. Blockchain has definite usage in sectors where data chronology needs to be maintained. example - land ownership records.

I can share one example where government has adopted blockchain. Read these news below,

https://www.ccn.com/indian-state-government-will-issue-birth-certificates-on-a-blockchain/

Also, there is a proposal going around the land records to be maintained in a blockchain database. Read the proposal below,

https://blockchain.gov.in/Home/CaseStudy?CaseStudy=LandRegistration#

So the usage is there and waiting to be implemented. But again it depends on the government as to how willing they are to share the data using a public ledger.