Still the one who will run or manage the government matter. Even if how good the system is politicians that are good for nothing thief would still steal money from the people. I do believe that they can still look for loop holes and steal money.
I just wish our government will going to apply block chain and the one running the government will assure that corruption will be minimize as stealing money is rampant from the corrupt officials.
Topic: Does it helpful when blockchain integrated to government system? - page 3. (Read 1273 times)
I think blockchain technology will very useful, the transparency of the system will help many people to obtain clarity, some of the big countries already done a thorough research to try implementing blockchain in every sector, so far the technology is very useful to settle dispute so I think it can be used in different sectors to make things easier
I do believe it would make the goverments become much better and increasing the transparancy in every aspect of financial. Goverment could use it to get more attention and more trust from their citizens cause i believe people are paying and the goverments is the one who manage the money. So Yes blockchain will make a good system for goverments financial.
Considering the data for politicians are already public in some cases and people still do not care about it, we can assume that blockchain could be implemented and nothing could change neither. Think about it you can check if a politician got bribed in USA and people don't care about that.
You can look up on any congress person and if they ever got paid and you can see that companies did actually paid them in thousands of dollars and they are giving decisions that would help those companies instead of the people and there is nothing done about it. A congress person can get paid by comcast and then go back and let comcast off the hook for a shady business and comcast would make more profit than they paid the politician so both politician is paid and comcast profits but the people are screwed, this is OPEN to public and nobody does anything, blockchain wouldn't change a thing.
You can look up on any congress person and if they ever got paid and you can see that companies did actually paid them in thousands of dollars and they are giving decisions that would help those companies instead of the people and there is nothing done about it. A congress person can get paid by comcast and then go back and let comcast off the hook for a shady business and comcast would make more profit than they paid the politician so both politician is paid and comcast profits but the people are screwed, this is OPEN to public and nobody does anything, blockchain wouldn't change a thing.
It seems to me that this situation needs to be distinguished in some aspects that will really be pleasant to the real prospects of cryptocurrency in society. The fact that state structures, as well as the banking system, integrate new technologies into their structures, including the blockchain, does not mean that real legalization of cryptocurrency will occur in a particular country.
It's the interest that matters, if the government begins to adopt the system cryptocurrency will have a high chance being adopted as well, the only matter is how the government will facilitate the nature of crypto for being decentralized, if they will be adding or integrating this system would it be possible for anonymity or it will be for the best interest of certain entity?they may adopt the cryptocurrency but I doubt they'll be using any of the existing cryptocurrency. government wants control and decentralize currency is the opposite of what they want. governments can easily make a cryptocurrency that is backed by they're own currency (stablecoin). that what they will probably do if they ever decide to adopt it.
It seems to me that this situation needs to be distinguished in some aspects that will really be pleasant to the real prospects of cryptocurrency in society. The fact that state structures, as well as the banking system, integrate new technologies into their structures, including the blockchain, does not mean that real legalization of cryptocurrency will occur in a particular country.
It's the interest that matters, if the government begins to adopt the system cryptocurrency will have a high chance being adopted as well, the only matter is how the government will facilitate the nature of crypto for being decentralized, if they will be adding or integrating this system would it be possible for anonymity or it will be for the best interest of certain entity?
yes of course it is verry helpful and useful when blockchain integrates to the government system but the main problem is that governments are likely going to reject this kind of proposal because governments are wise guys and they do not want allow something that they think that it could be a hindrance to thier agenda . they are aware that once blockhcain tech is integrated to thier system , they cannot cheat anymore . so no extra money for them .
It seems to me that this situation needs to be distinguished in some aspects that will really be pleasant to the real prospects of cryptocurrency in society. The fact that state structures, as well as the banking system, integrate new technologies into their structures, including the blockchain, does not mean that real legalization of cryptocurrency will occur in a particular country.
Transparency is becoming a thing thanks to rivalry between politicians too.
I mean I am sure there are things that are still secret and hidden away by people but recently we get to see that many people stole money from public or got bribes and what not and they are told by the opponents of that person, so in revenge they tell that persons secrets and it goes on like that.
Weird part of this cycle is that nobody really cares and the life goes on, they don't even stop stealing, they continue to steal from people or get bribes and that is the sad part. Blockchain is still a great candidate and it should be available and also published on government pages so that we can clearly see who got money from where but if I know any better they will not stop it.
Well, transparency is a big factor that is much concerned to make things function without any form of flaws. When there is transparency automatically the politicians as well as the government authorities will think better and the same will reduce the corruption which is the big issue with each and every country in its growth. Integrating blockchain with the government system is a must for the growing population. I mean I am sure there are things that are still secret and hidden away by people but recently we get to see that many people stole money from public or got bribes and what not and they are told by the opponents of that person, so in revenge they tell that persons secrets and it goes on like that.
Weird part of this cycle is that nobody really cares and the life goes on, they don't even stop stealing, they continue to steal from people or get bribes and that is the sad part. Blockchain is still a great candidate and it should be available and also published on government pages so that we can clearly see who got money from where but if I know any better they will not stop it.
Transparency is becoming a thing thanks to rivalry between politicians too.
I mean I am sure there are things that are still secret and hidden away by people but recently we get to see that many people stole money from public or got bribes and what not and they are told by the opponents of that person, so in revenge they tell that persons secrets and it goes on like that.
Weird part of this cycle is that nobody really cares and the life goes on, they don't even stop stealing, they continue to steal from people or get bribes and that is the sad part. Blockchain is still a great candidate and it should be available and also published on government pages so that we can clearly see who got money from where but if I know any better they will not stop it.
I mean I am sure there are things that are still secret and hidden away by people but recently we get to see that many people stole money from public or got bribes and what not and they are told by the opponents of that person, so in revenge they tell that persons secrets and it goes on like that.
Weird part of this cycle is that nobody really cares and the life goes on, they don't even stop stealing, they continue to steal from people or get bribes and that is the sad part. Blockchain is still a great candidate and it should be available and also published on government pages so that we can clearly see who got money from where but if I know any better they will not stop it.
Not just a "helpful" term it should be BENEFICIAL rather. This will be an access for us to execute our rights to transparency. In terms of national expenditures, national budget we have a right to know where our taxes spend. That's the reason why we have corrupt officials, they were able to do it because no one can find it. We need an access to know the transaction of the government. And this is blockchain. Well, I don't think they will impose this because they don't want to expose their corruption.
I understand we all need transparency. but blockchain technology is not allowed. if it can be easily integrated and transactions are easy to find, perhaps the crypto market is not as good as it is today. I think we need a decentralization and a lack of control to make money easier.
When cryptocurrency is run by the government, you will see investors being oppressed very horribly.
When cryptocurrency is run by the government, you will see investors being oppressed very horribly.
I think blockchain technology will help and make the work more easy if will be integrated on governments and on all institutions who use an old and not so fast system now.
Bitcoin technology can indeed be used for anything, but if it is used for government and state institutions, I don't think it is possible because it will certainly have pros and cons that have no end because the government is a hotbed of bribery which means it is impossible if the government implements blockchain technology within the government .
Here is one used case, the government of Canada has launched a public blockchain on top of Ethereum. It's for the administration of government contracts and everyone can see it on their website. So there is transparency here because obviously you can see where the money goes and to what project and how much money is being raised.
(https://explorecatena.com/)
(https://explorecatena.com/)
BTC might be more suitable for a store of value, to replace gold, even though many people argue about this idea. People like Peter Schiff lol
I think maybe another coin can be used for that. My take on this is that it could bring the people to use it too and not using only bitcoin. Altcoins too have to be known to help the whole crypto place and community.
It will depend on how good the government is, if the government is good then I believe they will consider blockchain implementation to assure transparency. This good government will restrict all officer to be publicly known by that transparency system. But this transparency should be studied very well to concern of some secret state that to be kept and maintain the secret from outsider / enemies.
Almost all states appreciated the advantages of the blockchain technology. I do not even know such a state that would reject it. This technology is good to use where online access needs to safely store and use large databases. So, in my state, blockchain technology is used to create a land cadastre. Anyone for a small fee can look at the characteristics of any land of the country and all the data about it. A listing of such a land plot has the power of an official document.
You are talking only about money transfers , but I see another way that blockchain could be a very useful tool.
It could the best security type for signing documents within government, noone will be able to forge or change signatures and also it could be made accessible to public or certain government structures. laso other security features for technical admins who have access to sensitives information could be merged with blockchain security solutions.
It could the best security type for signing documents within government, noone will be able to forge or change signatures and also it could be made accessible to public or certain government structures. laso other security features for technical admins who have access to sensitives information could be merged with blockchain security solutions.
Pretty decent list you have there,OP.
More automation and unification means less human control,and less human control means less corruption and less mistakes.
Many clerks will lose their pointless jobs,when the blockchain gets implemented on a massive scale.
More automation and unification means less human control,and less human control means less corruption and less mistakes.
Many clerks will lose their pointless jobs,when the blockchain gets implemented on a massive scale.
Okay, you're right, there is transparency but does that mean you're able to discover what was done with the money and who is behind it?? Unless the government are going to come for it with kyc so that anything you do they will be able to trace you with it and know what you have done with the money. But if it's going to be as it is right now (anonymous) then it is the worst thing because it makes no sense… it will only be showing you transactions but you don't know who is behind the transactions that were made… so how is that helping?? Everything better be as it is, the government shouldn't come into cryptocurrency.
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