Topic: [2016-08-17] Can Bitcoin Help Curb Corruption in Government Offices? (Read 324 times)

Kprawn

legendary

Activity: 1904

Merit: 1074

Bitcoin is a currency and a currency on it's own will not change human behaviour. The Blockchain transparency on the other hand, might make a world of difference, if the tender process could be

tracked on the Blockchain. We can also utilize smart contracts and we can make sure all tender documents are recorded on the Blockchain or some side chain based technology. We know records can be

destroyed or manipulated, but it would be difficult to do that with a peer2peer public network that are decentralized. Wink

CrimBit

hero member

Activity: 672

Merit: 500

In Nigeria, a mobile phone service was launched to report against corrupt border police, and it successfully helped truckers and small traders to pass border without paying bribes. In Afghanistan, the government introduced automation to its tax collection process that helped reduce opportunities for tax theft. In India, the government launched schemes that utilized the power of internet in distributing subsidized fertilizers among poor farmers, a service that was food to corrupt middlemen for over 60 years.

http://www.newsbtc.com/2016/08/17/can-bitcoin-help-curb-corruption-government-offices/

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