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Topic: BLOCKCHAIN TECHNOLOGY - page 2. (Read 539 times)

full member
Activity: 476
Merit: 112
IDENA.IO - Proof-Of-Person Blockchain
October 22, 2018, 03:09:01 AM
#26
the transparent nature of the blockchain can of course easily counteract all kinds of fraud in government, now when we trade using FIAT currency, then after our money is used, the track record is no longer visible or lost, but different when you transact using cryptocurrency , transaction trace data still exists and can be accessed forever
newbie
Activity: 74
Merit: 0
October 22, 2018, 02:43:19 AM
#25
Blockchain technology is a very unique and beautiful program which was created today but I just realized it could be the solution for corruption which was happening all over the world. The Government works for the public right? So the public should be allowed to view what or where the money goes. It would be nice if we could view the public wallet or government funds and you can view each transactions. The blockchain transactions can be viewed publicly. We are paying taxes for the benefit of our country so it would be nice if this kind of technology will be implemented. What are your thoughts? Could this be possible or not?

PS: These are only my opinion, feel free to delete this thread if it's uninteresting subject. Also, feel free to delete this if someone already created similar topic about this.
Governments have been implementing Blockchain Technology for transparency already. One such case is Canada, https://explorecatena.com/. As you can see in their website, you can go and browse government spending thru Blockchain. You can even see it in explorer so its there's no doubt that you know where the money is going. I'm sure that this is just the beginning and other governments will also implement it on their backyard, or maybe some of them are already is, but it was not yet reported.
Thanks for sharing that real life application of the blockchain technology with the Canadian government spending. I never knew there was anything like that. This is actually one thing we are talking about when it comes to how blockchain technology will really help in a lot of ways with most of it being the transparency and of course the government will have to be accountable for every of their spending and with something like this, there will be no cutting of corners, everyone will be careful knowing they can easily be tracked and monitored and for some part of the world that are less developed, this would really be something to imbibe. Like you said, this is just the beginning and as we keep moving on, governments all over the world, will start popping up with theirs.
So i think its impossible to government to use block chain. Also we give tax to government but cryptocurrencies are tax free how will we give to government to develop our country.
newbie
Activity: 33
Merit: 0
October 20, 2018, 06:15:19 AM
#24
Blockchian is a big invention brought to our world , thanks to it we can do many things easier than ever.  could you imagine how bad the world is if blockchain suddenly vanish today, IT is so terrible for human
jr. member
Activity: 94
Merit: 2
October 20, 2018, 05:24:59 AM
#23
Blockchain technology is a very unique and beautiful program which was created today but I just realized it could be the solution for corruption which was happening all over the world. The Government works for the public right? So the public should be allowed to view what or where the money goes. It would be nice if we could view the public wallet or government funds and you can view each transactions. The blockchain transactions can be viewed publicly. We are paying taxes for the benefit of our country so it would be nice if this kind of technology will be implemented. What are your thoughts? Could this be possible or not?

PS: These are only my opinion, feel free to delete this thread if it's uninteresting subject. Also, feel free to delete this if someone already created similar topic about this.
Governments have been implementing Blockchain Technology for transparency already. One such case is Canada, https://explorecatena.com/. As you can see in their website, you can go and browse government spending thru Blockchain. You can even see it in explorer so its there's no doubt that you know where the money is going. I'm sure that this is just the beginning and other governments will also implement it on their backyard, or maybe some of them are already is, but it was not yet reported.
Thanks for sharing that real life application of the blockchain technology with the Canadian government spending. I never knew there was anything like that. This is actually one thing we are talking about when it comes to how blockchain technology will really help in a lot of ways with most of it being the transparency and of course the government will have to be accountable for every of their spending and with something like this, there will be no cutting of corners, everyone will be careful knowing they can easily be tracked and monitored and for some part of the world that are less developed, this would really be something to imbibe. Like you said, this is just the beginning and as we keep moving on, governments all over the world, will start popping up with theirs.
But i have doubt no one will accept it many government are already against it so why they won't accept block chain technology and never let people to view it.
newbie
Activity: 66
Merit: 0
October 20, 2018, 03:05:26 AM
#22
Blockchain technology is a very unique and beautiful program which was created today but I just realized it could be the solution for corruption which was happening all over the world. The Government works for the public right? So the public should be allowed to view what or where the money goes. It would be nice if we could view the public wallet or government funds and you can view each transactions. The blockchain transactions can be viewed publicly. We are paying taxes for the benefit of our country so it would be nice if this kind of technology will be implemented. What are your thoughts? Could this be possible or not?

PS: These are only my opinion, feel free to delete this thread if it's uninteresting subject. Also, feel free to delete this if someone already created similar topic about this.
Governments have been implementing Blockchain Technology for transparency already. One such case is Canada, https://explorecatena.com/. As you can see in their website, you can go and browse government spending thru Blockchain. You can even see it in explorer so its there's no doubt that you know where the money is going. I'm sure that this is just the beginning and other governments will also implement it on their backyard, or maybe some of them are already is, but it was not yet reported.
Thanks for sharing that real life application of the blockchain technology with the Canadian government spending. I never knew there was anything like that. This is actually one thing we are talking about when it comes to how blockchain technology will really help in a lot of ways with most of it being the transparency and of course the government will have to be accountable for every of their spending and with something like this, there will be no cutting of corners, everyone will be careful knowing they can easily be tracked and monitored and for some part of the world that are less developed, this would really be something to imbibe. Like you said, this is just the beginning and as we keep moving on, governments all over the world, will start popping up with theirs.
Block chain have some power to improve economy. You're right government should use block chain technology and let there people to know where money is going. But its a bit risky since all hackers will try to hack government wallets all will target them.
hero member
Activity: 798
Merit: 527
October 17, 2018, 07:10:57 AM
#21
Blockchain technology is a very unique and beautiful program which was created today but I just realized it could be the solution for corruption which was happening all over the world. The Government works for the public right? So the public should be allowed to view what or where the money goes. It would be nice if we could view the public wallet or government funds and you can view each transactions. The blockchain transactions can be viewed publicly. We are paying taxes for the benefit of our country so it would be nice if this kind of technology will be implemented. What are your thoughts? Could this be possible or not?

PS: These are only my opinion, feel free to delete this thread if it's uninteresting subject. Also, feel free to delete this if someone already created similar topic about this.
All we know that the blockchain technology is made for cryptocurrency only and blockchain technology is the future of the technology I think so. Block chain technology is a unique program that can help the economy of a country to increase and lower the corruption that was happening all over the world, not just one country but the whole world.
Blockchain technology is not all about cryptocurrency only as this is just something that is one part of it all as there are so many other applications of blockchain technology when it comes to every single sector.
Certainly, with the adoption of blockchain technology, it would bring about accountability and transparency which are the two major things lacking in a corrupt system of governance as we all know and if this part can be easily fixed; then, I believe that it can always be of help to some of the developing and less developed areas.

We can see how governments are already trying to see how they can homogenize blockchain technology into the system which would really help even with data in some sectors a lot.
member
Activity: 350
Merit: 11
October 16, 2018, 01:00:36 PM
#20
Blockchain is a good technological system. It is good, but too good to be true. What I wanna say is, blockchain has potential to make it better, but unfortunately bitcoin itself which using blockchain inside hasn't been accepted in all over the world. So, blockchain would be really advantages if it is legalized first, and of course the advantages for the country as you say can be gained and will be profitable both for investors, and also government.
jr. member
Activity: 284
Merit: 5
October 16, 2018, 12:11:17 PM
#19
The importance of blockchain technology can never be over emphasized. we've seen the old companies even trying to adapt meaning there's some sense in it. Just today, an article from Cointelegraph said Kenya has started implementing in a housing policy. I also read somewhere sometime ago that a part of India is also implementing in issuing birth certificates. It's really a great invention
full member
Activity: 812
Merit: 108
October 16, 2018, 11:41:49 AM
#18
Blockchain technology has application in everywhere i.e. supply chain management, banking, Store personal data any many more.  currently many company like IBM are working on blockchain implementation in supply chain with maersk container shipment.
member
Activity: 445
Merit: 10
Worlds Simplest Cryptocurrency Wallet
October 16, 2018, 11:31:09 AM
#17
That's a good idea. But the characteristics of blockchain technology are without intermediaries, which is why it attracts many investors around the world. This will be a spectacular change and it can have a huge impact on this market. That is my personal opinion, very happy to receive the opposite opinion from everyone.
sr. member
Activity: 496
Merit: 254
October 16, 2018, 08:57:01 AM
#16
public officials are not that easy in corruption. if you use blockchain in a payment transaction then they can break coins to the smallest part to hide state assets. we must remember that rulers tend to be corrupt. So there needs to be a new rule if the country uses blockchain technology for payment transactions.
When rulers are corrupt, there are sometimes when they feel their hand is tied, it would be hard to do somethings. I feel you that one way or the other, they could try to find another means to keep doing their corrupt deals, but imagine in a situation where everything has gone digital, most governments are already on the blockchain and we have gone cashless, every transaction made by everyone most especially for the fact that it is centralized, will make it pretty easy to track any shady deals, and everyone can easily access these records, then I feel it would really go a long way to bring about some changes in governance, but all still depends on some few factors which balls down from the head anyway.
full member
Activity: 518
Merit: 145
October 16, 2018, 08:46:11 AM
#15
Blockchain technology is a very unique and beautiful program which was created today but I just realized it could be the solution for corruption which was happening all over the world. The Government works for the public right? So the public should be allowed to view what or where the money goes. It would be nice if we could view the public wallet or government funds and you can view each transactions. The blockchain transactions can be viewed publicly. We are paying taxes for the benefit of our country so it would be nice if this kind of technology will be implemented. What are your thoughts? Could this be possible or not?

PS: These are only my opinion, feel free to delete this thread if it's uninteresting subject. Also, feel free to delete this if someone already created similar topic about this.
Governments have been implementing Blockchain Technology for transparency already. One such case is Canada, https://explorecatena.com/. As you can see in their website, you can go and browse government spending thru Blockchain. You can even see it in explorer so its there's no doubt that you know where the money is going. I'm sure that this is just the beginning and other governments will also implement it on their backyard, or maybe some of them are already is, but it was not yet reported.

Wow! It is quite interesting to see the blockchain technology being used by the Canadian government and I believe like you said, this is just a start. However, we also have to understand that it all balls down from the whole system of governance straight from the leader, and for some of the countries where corruption is a deep issue, and the leaders are not even ready to combat it as they are the main culprit, this would be hard to come by.

As time goes on anyway, we will get to see most of them come around and I can tell something like this would really bring about a huge level of transparency within the government in general as well as even the citizens, and that is something pretty good.
legendary
Activity: 1302
Merit: 1037
October 16, 2018, 07:12:57 AM
#14
In my opinion, blockchain technology is a very useful for the transparency of every transactions. If the government would allow to use this kind of technology then everything must be put in place and no more hidden transactions by the politicians. Their would be a clean governance at all.
Actually, that was more like the first thing that would always come to mind when referring to blockchain technology. Let everything be opened to the whole world. I believe in the case like this, transparency and accountability which has even been the major challenge for some countries all over the world that are underdeveloped and totally ridden with corruption to be able to have something in place that would make it pretty hard for anyone to have to do something and have it covered up when it comes to looting of funds. This is something that I would expect anyway but all depends on whether the government itself is ready for this or not.
member
Activity: 434
Merit: 10
October 16, 2018, 01:33:31 AM
#13
Blockchain technology is very effective in making a transaction, especially because the technology is spread widely like bitcoin and also if the government participates in doing the technology the government will be more effective in the world of government because it has done new technology
sr. member
Activity: 2618
Merit: 439
October 15, 2018, 10:13:19 PM
#12
Blockchain technology is a very unique and beautiful program which was created today but I just realized it could be the solution for corruption which was happening all over the world. The Government works for the public right? So the public should be allowed to view what or where the money goes. It would be nice if we could view the public wallet or government funds and you can view each transactions. The blockchain transactions can be viewed publicly. We are paying taxes for the benefit of our country so it would be nice if this kind of technology will be implemented. What are your thoughts? Could this be possible or not?

PS: These are only my opinion, feel free to delete this thread if it's uninteresting subject. Also, feel free to delete this if someone already created similar topic about this.
Governments have been implementing Blockchain Technology for transparency already. One such case is Canada, https://explorecatena.com/. As you can see in their website, you can go and browse government spending thru Blockchain. You can even see it in explorer so its there's no doubt that you know where the money is going. I'm sure that this is just the beginning and other governments will also implement it on their backyard, or maybe some of them are already is, but it was not yet reported.
member
Activity: 175
Merit: 23
MenaPay - Crypto made easier than cash
October 15, 2018, 12:44:47 PM
#11
Blockchain technology is a very unique and beautiful program which was created today but I just realized it could be the solution for corruption which was happening all over the world. The Government works for the public right? So the public should be allowed to view what or where the money goes. It would be nice if we could view the public wallet or government funds and you can view each transactions. The blockchain transactions can be viewed publicly. We are paying taxes for the benefit of our country so it would be nice if this kind of technology will be implemented. What are your thoughts? Could this be possible or not?

PS: These are only my opinion, feel free to delete this thread if it's uninteresting subject. Also, feel free to delete this if someone already created similar topic about this.
All we know that the blockchain technology is made for cryptocurrency only and blockchain technology is the future of the technology I think so. Block chain technology is a unique program that can help the economy of a country to increase and lower the corruption that was happening all over the world, not just one country but the whole world.
newbie
Activity: 3
Merit: 0
October 15, 2018, 12:06:10 PM
#10
Blockchain indeed can resolve the corruption problem but also can be a great way to do the elections.
newbie
Activity: 80
Merit: 0
October 15, 2018, 08:29:14 AM
#9
Blockchain technology is a very unique and beautiful program which was created today but I just realized it could be the solution for corruption which was happening all over the world. The Government works for the public right? So the public should be allowed to view what or where the money goes. It would be nice if we could view the public wallet or government funds and you can view each transactions. The blockchain transactions can be viewed publicly. We are paying taxes for the benefit of our country so it would be nice if this kind of technology will be implemented. What are your thoughts? Could this be possible or not?

PS: These are only my opinion, feel free to delete this thread if it's uninteresting subject. Also, feel free to delete this if someone already created similar topic about this.
The transparency in blockchain is one beauty of the technology but, government can adopt blockchain for  the sake of accountability and transparency, with rising case of adoption in countris like Chile, switzerland and many more... https://www.globalbankingandfinance.com/every-week-more-governments-are-announcing-blockchain-adoption/
What is more interesting is the push for mass adoption by leading innovations like Mfchain among others. We are witnessing a shift in mindset which will gradually embrace blockchain.
member
Activity: 420
Merit: 10
October 15, 2018, 07:58:32 AM
#8
It is very difficult to get approval. If the blockchain technology is so easy to convert, the SEC has been in the market since July and we do not need to be upset now. It will be a long process that needs to be undergoing many adjustments. That is my own opinion.
full member
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
October 15, 2018, 07:33:43 AM
#7
Blockchain technology is a very unique and beautiful program which was created today but I just realized it could be the solution for corruption which was happening all over the world. The Government works for the public right? So the public should be allowed to view what or where the money goes. It would be nice if we could view the public wallet or government funds and you can view each transactions. The blockchain transactions can be viewed publicly. We are paying taxes for the benefit of our country so it would be nice if this kind of technology will be implemented. What are your thoughts? Could this be possible or not?

PS: These are only my opinion, feel free to delete this thread if it's uninteresting subject. Also, feel free to delete this if someone already created similar topic about this.

I don't think blockchain is the solution for corruptions because it could also be used for it. Yes, it is created to revolutionize the evolution of investment which makes all people became the same level in this business.
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