Government Implementation of Block chain
Keywords:
Bitcoin, Block chain, Democracy, Governments, ServicesAbstract
The primary purpose of this study paper is to explore if the Blockchain technology may be used inside government services to build a smart government. This article discussed the beginnings and the possible applications of Blockchain across numerous sectors, as the underlying technology of cryptocurrency called Bitcoin. The democratic governance system was best suitable for Blockchain adoption. Although it fails to tackle major infrastructure issues, concerning healthcare, taxation and other basic services, it was considered the governmental regime that would best benefit from innovative technologies like Blockchain to deal with public service provision due to its aim of creating trust and transparency with its citizens. This paper concludes that while Blockchain is hype because of its innovation and promises, it is smart to approach it cautiously in government organizations since this technology still has to be proven on a wide scale and is worth a huge effort and expenditure.
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