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Blockchain in government Enhancing transparency and Accountability The anticipation around blockchain applications in the government sector is building at a large scale. Many public agencies have initiated testing blockchain technology’s potential to improve government applications. However, it is experimental to date as nothing has been made live. https://www.probinar.in/ next slide
What is meant by blockchain technology? A blockchain is a decentralized ledger holding data records or “blocks” that cannot be muted by anyone. In a blockchain, each block consists of many transaction records and some blocks together form a chain. When new transactions get added to the blockchain, those transactions will be automatically recorded once the block is verified and included in the chain. next slide
Why should the government adopt blockchain technology? The concerned government will gain numerous advantages by leveraging blockchain technology in its infrastructure. One mandatory role of government is to manage and store all sensitive information secretly. Every government will possess the details about its assets, citizens, organizations, and all official activities. . https://www.probinar.in/ next slide
Use cases of blockchain in the government sector E-government solutions based on blockchain’s automated decision-making worldwide can fetch greater simplicity, trust, and efficiency. In that case, I shall provide you with an array of real-world applications. Blockchain in real-estate Blockchain in government healthcare ( primary healthcare centers and hospitals) Blockchain in e-voting Blockchain in identity verification https://www.probinar.in/ next slide
Real-world applications of blockchain technology in government sectors The Chinese digital Yuan The Beijing government has implemented a digital Yuan system. The main motto of this system is to bring out a cashless payment. Recently, China has ranked first in making digital and technological advancements across the globe. next slide https://www.probinar.in/
E-document control in Estonia In addition to this, many new projects have started emerging in various governments across the globe to create a scam-free environment. It is believed that everything will become blockchain-integrated in the future. Let us wait for a blockchain-prone government in our country too. In addition to this, many new projects have started emerging in various governments across the globe to create a scam-free environment. It is believed that everything will become blockchain-integrated in the future. Let us wait for a blockchain-prone government in our country too. https://www.probinar.in/ next slide
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