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Topic: Government should implement blockchain technology to prevent corruption. - page 11. (Read 2669 times)

legendary
Activity: 1442
Merit: 1025
Blockchain is a good technology that will be use as a tool of transparency to every transaction being done. The government should know and develop a system like this on their system. This will eradicate corruption or transactions being made under the table because there will be a transparency on every transactions and how much money is involve. The budget of the people will be obviously utilize to its intended purpose. Would you agree with this idea?

We can't expect our government to promote blockchain for the sake of transparency due to some of them if not all are corrupt and doesn't want their transactions to be transparent to their subordinates.
Transparency and accountability has been one of the major challenges being faced by most underdeveloped and even some developed countries.

For so many countries, development has been lacking because of how corruption has dug in so deep into the root of the system and to be able to get into play, a technology that would disrupt a lot of things, fold their hands and put it into place as well as bring about some huge level of transparency and accountability, it must start from the top, which we both know will be hard to achieve if those there at the helms of power are corrupt themselves.
member
Activity: 840
Merit: 10
Blockchain is a good technology that will be use as a tool of transparency to every transaction being done. The government should know and develop a system like this on their system. This will eradicate corruption or transactions being made under the table because there will be a transparency on every transactions and how much money is involve. The budget of the people will be obviously utilize to its intended purpose. Would you agree with this idea?

Blockchain technology is new  technology and its true blockchain can create transparancy on government service. I am believe in next few years, many government will implemented blockchain technology to make their service more eficient. Banking already make announcement they will use blockchain technology to secure their customer and data transaction
full member
Activity: 364
Merit: 100
Blockchain is a good technology that will be use as a tool of transparency to every transaction being done. The government should know and develop a system like this on their system. This will eradicate corruption or transactions being made under the table because there will be a transparency on every transactions and how much money is involve. The budget of the people will be obviously utilize to its intended purpose. Would you agree with this idea?
This can probably help on minimizing or lessening the corruption in a country but we cannot totally eradicate it since where there is money, there can always be a possibility of corruption. One thing is also the blockchain technology is advanced third world countries might find it hard to adapt to it.
newbie
Activity: 153
Merit: 0
I think it is not that easy for the governments to adopt blockchain easily reasons being they might not like their ledger being public even if their blockchain was private somehow the term immutability is not preferred, they like to change"rig" things around frequently.
newbie
Activity: 280
Merit: 0
there will be no government that wants to implement the blockchain system for the benefit of the country, it needs a long debate for this matter of course. I am sure more will disagree than those who agree. it will reduce their monthly income if for example the blockchain system is implemented.  Cheesy
newbie
Activity: 96
Merit: 0
Blockchain is a good technology that will be use as a tool of transparency to every transaction being done. The government should know and develop a system like this on their system. This will eradicate corruption or transactions being made under the table because there will be a transparency on every transactions and how much money is involve. The budget of the people will be obviously utilize to its intended purpose. Would you agree with this idea?

50% of government of countries will never adoption blockchain, they are not interested in eradicating corruption or transaction being made under the table especially the Africans countries. Blockchain technology is suppose to be embrace by every government, in the school section it will eradicate exam malpractice, in electoral board it will kill rigging of election an so on.
hero member
Activity: 672
Merit: 526
I believe that society should adopt blockchains on systems that require more transparency accountability. Social organizations, NGOs, institutes and universities. With time private organizations should also. Such popularization of Blockchain's use would eventually force all governments to adopt it.
A great example is the PineapleFund. To this day we can track and know where the resources were. And if the use in local commerce was already established, we could know how it was spent.
full member
Activity: 353
Merit: 100
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The block chain technology is an important form of the modern technology attached to bitcoin to ensure the security systems of the entire net work to maintain  sound and safe.The manipulations can be avoided by implementing the block chain technology and hence we can maintain the entire government systems a corruption free one. The crypto currency is a new form of economy inclusive of the modern technology and its features are very attractive to the global investors and hence its popularity is increasing world wide..
Ucy
sr. member
Activity: 2674
Merit: 403
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Exactly. And It is actually doable, specifically on public Blockchain . It's being tried on Virtual level (Virtual nation) and it's showing lots of promises.

It can be used in elections,for security agencies, biometric schemes, budgeting,  welfare schemes, insurance sectors, health sector etc...

Most politicians will oppose the idea though. There has to be some kind of pressure from citizens and the media.
newbie
Activity: 18
Merit: 0
This is really a great idea. Any sincere government looking to stamp out corruption should totally look in this direction. But as we very know, the governments in most countries will not consider this. They wouldn't want to seal off their loopholes into the general treasury. I'm looking forward however to the first countries that will implement this. I would really like to see how things turn out. I won't be shocked though if after implementation things don't take a dramatic change. We humans always find a way around checks and balances. But at least then, it would take some smartness and intelligence to do away with government funds.
legendary
Activity: 3542
Merit: 1965
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The problem is, corrupt governments have no interest to develop or use any technology that would hide their corruption. They would rather "change" that technology to their benefit and then ban all other technologies that would endanger their empire.

We see this with all the "private" Blockchain technologies that are currently under development. They want to control the hosting of the nodes and they want to have full control over the development of the project. Once they have the control, they can "remove" specific transactions that could implicate them in corruption and they can block access to their "private" Blockchain.   Roll Eyes
hero member
Activity: 1666
Merit: 753
Blockchain is a good technology that will be use as a tool of transparency to every transaction being done. The government should know and develop a system like this on their system. This will eradicate corruption or transactions being made under the table because there will be a transparency on every transactions and how much money is involve. The budget of the people will be obviously utilize to its intended purpose. Would you agree with this idea?

I don't really think that the blockchain will necessarily prevent corruption, even though it does provide a place for immutable ledgers to be kept.

The blockchain would only be implemented in one part of the government system. Corruption can still be done outside of the blockchain's records, between persons. For example, how would you stop bribery if they're not going to get noticed anyways?

While a public ledger of transactions could be kept, it would also invade the privacies of the individuals within the country unnecessarily. Besides, cash will most likely not be replaced by such national currency that easily. Corruption will occur regardless of what currency, system, or database people use.
member
Activity: 378
Merit: 25
Blockchain is a good technology that will be use as a tool of transparency to every transaction being done. The government should know and develop a system like this on their system. This will eradicate corruption or transactions being made under the table because there will be a transparency on every transactions and how much money is involve. The budget of the people will be obviously utilize to its intended purpose. Would you agree with this idea?

sometimes, it is the government that is preventing transparency in almost public transactions, that is why many countries are avoiding blockchain technology, they are afraid of what is under their grave, afraid what will they find, blockchain tech is for government that is pro- people, and not for the ill-fated corrupt countries.
jr. member
Activity: 114
Merit: 1
I agree with this idea, with the blockchain system, the money used by the government can be reviewed directly by the public. but it does not rule out the possibility for corruptors to commit corruption they will do everything they can to gain instant profits.
legendary
Activity: 3024
Merit: 2148
Blockchain is a good technology that will be use as a tool of transparency to every transaction being done. The government should know and develop a system like this on their system. This will eradicate corruption or transactions being made under the table because there will be a transparency on every transactions and how much money is involve. The budget of the people will be obviously utilize to its intended purpose. Would you agree with this idea?

There will always be loopholes that can't be fixed with blockchain technology. Corruption is rarely as simple as taking money from the government budget, corrupt officials always run money through some schemes to mage them appear legit. Take one of the most common schemes - kickback, it completely bypasses the blockchain because the bribe can be paid off chain, while he deal itself is completely legal and public.
legendary
Activity: 1526
Merit: 1179
If that happens then no amount of regulation is going to be enough, you will always find a person willing to accept bitcoin in exchange for products and services and when that happens there is going to be a significant number of people that are going to abandon fiat completely.
China is the perfect example of how anti regulations don't work to bannish crypto from the legal system. It made people switch to pure peer to peer trading which is the best way to avoid being subject to any government.

Funny is that China is now looking to step up their game by forcing popular payment apps to no longer process crypto related transactions. They're trying to use everything to stop crypto, but it's not working.

For the first time there isn't something governments can do to completely combat an emerging industry/technology, and people really start to notice that. Crypto is their way to more freedom, regardless of where they are.
hero member
Activity: 980
Merit: 507
Blockchain is a good technology that will be use as a tool of transparency to every transaction being done. The government should know and develop a system like this on their system. This will eradicate corruption or transactions being made under the table because there will be a transparency on every transactions and how much money is involve. The budget of the people will be obviously utilize to its intended purpose. Would you agree with this idea?
As much as blockchain would help fucking the damn corruption,it won't happen. Corruption exists because of the damn government. If its not, Government  would have already taken measures to curb it down.

And if you want to use blockchain technology, implementing it nation-wide would be an expensive cost, there are way too many side expenses that you might not see. This goes to much bigger lengths of discussions than just deciding if it is good or not.
hero member
Activity: 3080
Merit: 603
I agree to this idea where people is free to view on what's the progress of budget allocation or any specific use for blockchain to the government.

But sad to say that as early like this one, I can't see that this can happen. It's not about the usefulness but many are going to subject against it because their moves will be limited and they don't want people to see anything that lies inside the government. Some government wants real service to the people but if there are few officials that will go against it, this will unlikely to operate.
full member
Activity: 952
Merit: 104
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Blockchain is a good technology that will be use as a tool of transparency to every transaction being done. The government should know and develop a system like this on their system. This will eradicate corruption or transactions being made under the table because there will be a transparency on every transactions and how much money is involve. The budget of the people will be obviously utilize to its intended purpose. Would you agree with this idea?

We can't expect our government to promote blockchain for the sake of transparency due to some of them if not all are corrupt and doesn't want their transactions to be transparent to their subordinates.
full member
Activity: 644
Merit: 100
maybe by implementing blockchain on the state financial system it will prevent corruption, because in addition to fast and secure transactions transactions on blockchain can also be monitored by everyone, where and where the funds end, but what I fear is the hacking corruptors who are desperate to do everything they can to commit corruption
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