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Bitcoin => Press => Topic started by: Rick Nolan on February 02, 2018, 09:20:10 AM



Title: [2018-02-02] Illinois to Use Blockchain for IDs and Asset Management
Post by: Rick Nolan on February 02, 2018, 09:20:10 AM
The Illinois blockchain and distributed ledger task force presented “Final report to the General Assembly” where it has outlined the use of blockchain technology in the state’s inter-government operations. The state intends to use blockchain to manage state resident identification, tokenize assets and reduce entitlement fraud.

Source: https://hype.codes/illinois-use-blockchain-ids-and-asset-management

What do you think about the implementation of blockchain in public sectors?


Title: Re: [2018-02-02] Illinois to Use Blockchain for IDs and Asset Management
Post by: odolvlobo on February 02, 2018, 07:38:54 PM
I don't think a block chain will be used in the end. A block chain can be useful for an organization of peers, but I think it has any value for a hierarchical organization. I think that the misconception is that a block chain is necessary in order to implement cryptographic validation.

All these organizations that want to maintain the integrity of their data should just use Factom.