Today Corrupt Officials Spend Your Money - Tomorrow Blockchain Will Stop Them

Category: governance

What? Companies and now nation states are integrating blockchain technology into ledgers, using it to develop insurance models and ensure fair land distribution through transparency. The projects are first steps toward making governments and industries more transparent and eliminating fraud and corruption.

So what? Blockchain technology has the potential to replace centralized roles of trust and security, up until now explored primarily in the financial sector, but now beginning to impact other domains including governance.

Source: SingularityHUB - Today corrupt officials spend your money—Tomorrow blockchain will stop them

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