Post
Topic
Board Bitcoin Discussion
Re: Blockchain technology has the potential to transform government
by
shield132
on 03/03/2024, 10:37:12 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
Yes, blockchain technologies have the potential and have been proven to bring benefits to the people and the government and add an extra layer of protection to the data. For example, the Republic of Georgian and BitFury signed an agreement years ago that BitFury would implement blockchain technologies in many areas and one of the most successful one is a land registry on Blockchain. This guarantees that no one will be able to modify the stored data and customers can feel safe.
Blockchain technologies really are one of the most innovative and beneficial inventions of recent years. They can successfully be implemented in healthcare and as far as I am aware, there is a discussion about that among BitFury and some hospitals.