Blockchain in Government www.bitdeal.net
Introduction Blockchain is a widespread technology that proves to be the pillar that makes the future digital economy. Blockchain Technology is a potential fuel that drives the government services building most transparent government-citizen relations. Here we gonna cover the following concepts related to blockchain in government sectors. 1. Challenges In Government Sectors 2. Blockchain in Government 3. Use-cases of blockchain in government 4. Future of Government with Blockchain
Challenges In Government Sectors 1. Lack of Transparency Every information with the government is only low accessible to citizens. Citizens often face trouble in accessing personal informations and are forced to wait for annual tax dollars report. This is because there are no real-time updations of all transactions included in governments. Sometimes the citizens are unaware of disappearing money. This lack of transparency in government for citizens results in lack of accountability.
Challenges In Government Sectors 2. Slow Step-by-step Approach The best example of government's slow process that results in damaging the government-citizen relationship is " Filing for beneďŹ ts ". This may take 3 to 4 months process in US Government. Every Government requires people to prepare personal documentation to submit it to them through mail or online portals which in turns go for several human veriďŹ cations and auditing processes. This time-consuming approach for every process by the government makes citizens feel bad about the government sectors.
Challenges In Government Sectors 3. Lack of Privacy We are unaware of where our money goes and what actually the government is doing with our tax amounts. But the government collects and maintains each and every private information about all the citizens. Defense departments in all the countries are using existing technology to invade privacy under the name of security. Our mobile phones are the best surveillance tools used by the government to grab our personal information.
Challenges In Government Sectors 4. Uncontrollable Corruption The word corruption can be found within all government that involves tax frauds, data theft, falsified identity and lot more. Corruptions can be well notified in developing countries during local elections. Corruption prevails from the smallest local government offices until the federal presidential elections, which is a worse thing that has to be minimized.
Challenges In Government Sectors 5. Expensive Process All the government processes involve multiple steps for registering, processing and verifying. This involves a lot of time and a lot more money which seems to be wasteful. As the government becomes bigger and bigger involving more actors, it becomes more difďŹ cult to track spending. Thus if some speciďŹ c processes in the government were simpliďŹ ed, billions could be saved annually from the citizen's side.
Blockchain in Government As there is an increasing public demand for transparency, accountability, improved functioning and as well as reduced budgets in every government process, many government sectors are marching towards adopting blockchain technology to fulďŹ ll public needs. Blockchain technology has a lot of scopes to modernize the current government sectors with more transparency and security. To know more usecases of blockchain in government, click : How Blockchain Technology Can Modernize Government Sectors ?
BeneďŹ ts of Blockchain in Government A blockchain-based digital government provides the following beneďŹ ts. 1. Protection of data 2. Provides streamline processes 3. Reduction of fraud, waste, and abuse 4. Inturn increasing trust among the public.
Future of Government with Blockchain Blockchain-based-government will surely be the best solution for making a transparent and modernized government. Let us hope for the implementation of blockchain in India's government across various departments bringing a great change in India Government.
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