Blockchain in Governmnet

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Blockchain in Government

• www.bitdeal.net

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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 Sectors
• 2. Blockchain in Government
• 3. Use-cases of blockchain in government
• 4. Future of Government with Blockchain

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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.

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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.

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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.

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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.

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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 difficult to track spending.
• Thus if some specific processes in the government
  were simplified, billions could be saved annually
  from the citizen's side.

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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 ?

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Benefits of Blockchain in Government

• A blockchain-based digital government provides
  the following benefits.
• 1. Protection of data
• 2. Provides streamline processes
• 3. Reduction of fraud, waste, and abuse
• 4. Inturn increasing trust among the public.

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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 !!