Topic: blockhain against corruption (Read 980 times)
Cryptocurrencies make corruption less profitable, that's for sure
has blockhain already take a corruption?
I've been thinking about the possible use of the public nature of blockchain to mitigate corruption.
Imagine a country where the currency is bitcoin. The government has one public
address for the country's budget. All the taxes one pays should be directly traceable to this address.
Then all the outgoing transactions the government has to explain. Each recipient has to sign the explanation
with his key. If he doesn't, the government better explains to the taxpayer why it paid someone not willing to sign for the money. It is easy (and desireable) to make it possible to make the transactions anonymized from some point. For example, the chief of a police unit signs for the salary fund for the current month, then distributes the money. Each officer signs for his pay, but then he is allowed to use a mixer (his spendings are henceforth private).
Of course not a complete cure for corruption, but it seem this could go a long way to help.
one address? nah in the UK all the money from national insurance, car tax income tax court fines all go into one pot, and then it makes it hard to see the budgets of each entity..
id prefer
1 address for fire department
1 address for police
1 address for medical
etc
basically a known address for everything and then we can follow the funds along easier without needing a behind the back handshake auditing company to fiddle the numbers and make excuses.
let the blockchain of govcoin be the auditor
Transparency doesn't end corruption or waste of money.
In my country there's a public database with every deal maybe by the government, it doesn't change anything.
Which country is that? In my country there's a public database with every deal maybe by the government, it doesn't change anything.
Portugal.
And it also comes in English: http://www.base.gov.pt/base2/en/
Transparency doesn't end corruption or waste of money.
In my country there's a public database with every deal maybe by the government, it doesn't change anything.
Which country is that? In my country there's a public database with every deal maybe by the government, it doesn't change anything.
Transparency doesn't end corruption or waste of money.
In my country there's a public database with every deal maybe by the government, it doesn't change anything.
In my country there's a public database with every deal maybe by the government, it doesn't change anything.
Who maintains the database? If it is government you have found the problem all ready. On the block chain there would be no room for "cooking the books" and other government shenanigans.
It doesn't need to be cooked because the shenanigans are not illegal.
Transparency doesn't end corruption or waste of money.
In my country there's a public database with every deal maybe by the government, it doesn't change anything.
In my country there's a public database with every deal maybe by the government, it doesn't change anything.
I don't know what country you're in, but my guess is that it does reduce problems at least a little. If every time you looked at porn it was publicly logged, it probably wouldn't stop you, but I bet you would do it less and you wouldn't look at the truly weird stuff.
Transparency doesn't end corruption or waste of money.
In my country there's a public database with every deal maybe by the government, it doesn't change anything.
In my country there's a public database with every deal maybe by the government, it doesn't change anything.
Who maintains the database? If it is government you have found the problem all ready. On the block chain there would be no room for "cooking the books" and other government shenanigans.
Transparency doesn't end corruption or waste of money.
In my country there's a public database with every deal maybe by the government, it doesn't change anything.
In my country there's a public database with every deal maybe by the government, it doesn't change anything.
I've been thinking about the possible use of the public nature of blockchain to mitigate corruption.
Imagine a country where the currency is bitcoin. The government has one public
address for the country's budget. All the taxes one pays should be directly traceable to this address.
Then all the outgoing transactions the government has to explain. Each recipient has to sign the explanation
with his key. If he doesn't, the government better explains to the taxpayer why it paid someone not willing to sign for the money. It is easy (and desireable) to make it possible to make the transactions anonymized from some point. For example, the chief of a police unit signs for the salary fund for the current month, then distributes the money. Each officer signs for his pay, but then he is allowed to use a mixer (his spendings are henceforth private).
Of course not a complete cure for corruption, but it seem this could go a long way to help.
It can also all but eliminate electoral fraud through block chain voting. Bit coin will force transparency in government. I would go a step further and have addresses to contribute to proposed government projects. If enough people think it is a good idea it gets funded and goes forward. If not all funds sent get returned to the sender. If government is funded that way you wouldn't see so much waste.
I've been thinking about the possible use of the public nature of blockchain to mitigate corruption.
Imagine a country where the currency is bitcoin. The government has one public
address for the country's budget. All the taxes one pays should be directly traceable to this address.
Then all the outgoing transactions the government has to explain. Each recipient has to sign the explanation
with his key. If he doesn't, the government better explains to the taxpayer why it paid someone not willing to sign for the money. It is easy (and desireable) to make it possible to make the transactions anonymized from some point. For example, the chief of a police unit signs for the salary fund for the current month, then distributes the money. Each officer signs for his pay, but then he is allowed to use a mixer (his spendings are henceforth private).
Of course not a complete cure for corruption, but it seem this could go a long way to help.
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