Blockchain in Government

Blockchain in Government

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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 Sectors2. Blockchain in Government3. Use-cases of blockchain in government4. 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 benefits ". 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 verifications 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

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.

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 fulfill 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 ?

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.

Connect with Bitdeal's Blockchain Experts to know more interesting facts and updates about Blockchain technology !!