Government should implement blockchain technology to prevent corruption.

[zhelis74]

Blockchain is a good technology that will be use as a tool of transparency to every transaction being done. The government should know and develop a system like this on their system. This will eradicate corruption or transactions being made under the table because there will be a transparency on every transactions and how much money is involve. The budget of the people will be obviously utilize to its intended purpose. Would you agree with this idea?

Blockchain makes corruption more difficult because it is a distributed-ledger technology that can certify records and transactions or “blocks” without the use of a central database and in a way that cannot be erased, altered or tampered with. It provides an unprecedented level of integrity, security and reliability to the information it manages, reducing the risks associated with having a single point of failure. It eliminates the need for intermediaries, cuts red tape and reduces the risk of arbitrary discretion. It also makes it possible to track and trace transactions. The immutable trail of transactions can be used by law enforcement and government auditors. But no corrupt leader or government will do this.

Yes, since blockchain is a transparent and secured ledger system then I think its good that government should adapt blockchain technology but its not a good idea for a corrupt politician and goverment employee for it will affect their self interest and probably affecting their profits from corruption.

[Jamjamz30]

No, they won't do that. Government really wants a corruption society. Most of the officials use their position just to steal the treasury of the people. They will never make steps that will control their shaddy activities. But it will be possible if a certain administration wants a total devastation when it comes in corruption. But then, there is no such thing as a good official.

[Dodoymabs]

Corruption can't be prevented but probably there is a chance to minimize. Blockchain technology gives the people a better and safer services but it is not the best solution to prevent corruption. We should accept the reality that the world that we livin is full of corrupt people.

[21BTC100ETH]

Blockchain is a good technology that will be use as a tool of transparency to every transaction being done. The government should know and develop a system like this on their system. This will eradicate corruption or transactions being made under the table because there will be a transparency on every transactions and how much money is involve. The budget of the people will be obviously utilize to its intended purpose. Would you agree with this idea?

This is a very good idea. But the corrupt governments wouldn't want a transparent blockchain system.

[wxa7115]

Yes this also one of the reason for invention of decentralization but still governments were finding some way to restrict the usage so we need to understand that governments can only restrict until we use that exchanges when we started using wallet and spend crypto as crypto it is hard for them to track.

I cannot really blame them, they are trying to protect their self interests and it's obvious that they do not like something like bitcoin because it takes power away from them and since they are realizing that they cannot kill bitcoin then they are going to try to regulate it but even that is going to fail, because what are they going to do if people really adopt bitcoin and begin to use it to buy all kind of products and services?

If that happens then no amount of regulation is going to be enough, you will always find a person willing to accept bitcoin in exchange for products and services and when that happens there is going to be a significant number of people that are going to abandon fiat completely.

[yusupjatigumilar]

maybe by implementing blockchain on the state financial system it will prevent corruption, because in addition to fast and secure transactions transactions on blockchain can also be monitored by everyone, where and where the funds end, but what I fear is the hacking corruptors who are desperate to do everything they can to commit corruption

[Ranly123]

Blockchain is a good technology that will be use as a tool of transparency to every transaction being done. The government should know and develop a system like this on their system. This will eradicate corruption or transactions being made under the table because there will be a transparency on every transactions and how much money is involve. The budget of the people will be obviously utilize to its intended purpose. Would you agree with this idea?

We can't expect our government to promote blockchain for the sake of transparency due to some of them if not all are corrupt and doesn't want their transactions to be transparent to their subordinates.

[batang_bitcoin]

I agree to this idea where people is free to view on what's the progress of budget allocation or any specific use for blockchain to the government.

But sad to say that as early like this one, I can't see that this can happen. It's not about the usefulness but many are going to subject against it because their moves will be limited and they don't want people to see anything that lies inside the government. Some government wants real service to the people but if there are few officials that will go against it, this will unlikely to operate.

[pitiflin]

Blockchain is a good technology that will be use as a tool of transparency to every transaction being done. The government should know and develop a system like this on their system. This will eradicate corruption or transactions being made under the table because there will be a transparency on every transactions and how much money is involve. The budget of the people will be obviously utilize to its intended purpose. Would you agree with this idea?

As much as blockchain would help fucking the damn corruption,it won't happen. Corruption exists because of the damn government. If its not, Government  would have already taken measures to curb it down.

And if you want to use blockchain technology, implementing it nation-wide would be an expensive cost, there are way too many side expenses that you might not see. This goes to much bigger lengths of discussions than just deciding if it is good or not.

[BitHodler]

If that happens then no amount of regulation is going to be enough, you will always find a person willing to accept bitcoin in exchange for products and services and when that happens there is going to be a significant number of people that are going to abandon fiat completely.

China is the perfect example of how anti regulations don't work to bannish crypto from the legal system. It made people switch to pure peer to peer trading which is the best way to avoid being subject to any government.

Funny is that China is now looking to step up their game by forcing popular payment apps to no longer process crypto related transactions. They're trying to use everything to stop crypto, but it's not working.

For the first time there isn't something governments can do to completely combat an emerging industry/technology, and people really start to notice that. Crypto is their way to more freedom, regardless of where they are.

[hatshepsut93]

Blockchain is a good technology that will be use as a tool of transparency to every transaction being done. The government should know and develop a system like this on their system. This will eradicate corruption or transactions being made under the table because there will be a transparency on every transactions and how much money is involve. The budget of the people will be obviously utilize to its intended purpose. Would you agree with this idea?

There will always be loopholes that can't be fixed with blockchain technology. Corruption is rarely as simple as taking money from the government budget, corrupt officials always run money through some schemes to mage them appear legit. Take one of the most common schemes - kickback, it completely bypasses the blockchain because the bribe can be paid off chain, while he deal itself is completely legal and public.

[Safah]

I agree with this idea, with the blockchain system, the money used by the government can be reviewed directly by the public. but it does not rule out the possibility for corruptors to commit corruption they will do everything they can to gain instant profits.

[gambitcoin53]

Blockchain is a good technology that will be use as a tool of transparency to every transaction being done. The government should know and develop a system like this on their system. This will eradicate corruption or transactions being made under the table because there will be a transparency on every transactions and how much money is involve. The budget of the people will be obviously utilize to its intended purpose. Would you agree with this idea?

sometimes, it is the government that is preventing transparency in almost public transactions, that is why many countries are avoiding blockchain technology, they are afraid of what is under their grave, afraid what will they find, blockchain tech is for government that is pro- people, and not for the ill-fated corrupt countries.

[magneto]

Blockchain is a good technology that will be use as a tool of transparency to every transaction being done. The government should know and develop a system like this on their system. This will eradicate corruption or transactions being made under the table because there will be a transparency on every transactions and how much money is involve. The budget of the people will be obviously utilize to its intended purpose. Would you agree with this idea?

I don't really think that the blockchain will necessarily prevent corruption, even though it does provide a place for immutable ledgers to be kept.

The blockchain would only be implemented in one part of the government system. Corruption can still be done outside of the blockchain's records, between persons. For example, how would you stop bribery if they're not going to get noticed anyways?

While a public ledger of transactions could be kept, it would also invade the privacies of the individuals within the country unnecessarily. Besides, cash will most likely not be replaced by such national currency that easily. Corruption will occur regardless of what currency, system, or database people use.

[Kakmakr]

The problem is, corrupt governments have no interest to develop or use any technology that would hide their corruption. They would rather "change" that technology to their benefit and then ban all other technologies that would endanger their empire.

We see this with all the "private" Blockchain technologies that are currently under development. They want to control the hosting of the nodes and they want to have full control over the development of the project. Once they have the control, they can "remove" specific transactions that could implicate them in corruption and they can block access to their "private" Blockchain.   

[Edward_Ray]

This is really a great idea. Any sincere government looking to stamp out corruption should totally look in this direction. But as we very know, the governments in most countries will not consider this. They wouldn't want to seal off their loopholes into the general treasury. I'm looking forward however to the first countries that will implement this. I would really like to see how things turn out. I won't be shocked though if after implementation things don't take a dramatic change. We humans always find a way around checks and balances. But at least then, it would take some smartness and intelligence to do away with government funds.

[Ucy]

Exactly. And It is actually doable, specifically on public Blockchain . It's being tried on Virtual level (Virtual nation) and it's showing lots of promises.

It can be used in elections,for security agencies, biometric schemes, budgeting,  welfare schemes, insurance sectors, health sector etc...

Most politicians will oppose the idea though. There has to be some kind of pressure from citizens and the media.

[ashfer]

The block chain technology is an important form of the modern technology attached to bitcoin to ensure the security systems of the entire net work to maintain  sound and safe.The manipulations can be avoided by implementing the block chain technology and hence we can maintain the entire government systems a corruption free one. The crypto currency is a new form of economy inclusive of the modern technology and its features are very attractive to the global investors and hence its popularity is increasing world wide..

[vit05]

I believe that society should adopt blockchains on systems that require more transparency accountability. Social organizations, NGOs, institutes and universities. With time private organizations should also. Such popularization of Blockchain's use would eventually force all governments to adopt it.
A great example is the PineapleFund. To this day we can track and know where the resources were. And if the use in local commerce was already established, we could know how it was spent.

[cryptolandlords]

Blockchain is a good technology that will be use as a tool of transparency to every transaction being done. The government should know and develop a system like this on their system. This will eradicate corruption or transactions being made under the table because there will be a transparency on every transactions and how much money is involve. The budget of the people will be obviously utilize to its intended purpose. Would you agree with this idea?

50% of government of countries will never adoption blockchain, they are not interested in eradicating corruption or transaction being made under the table especially the Africans countries. Blockchain technology is suppose to be embrace by every government, in the school section it will eradicate exam malpractice, in electoral board it will kill rigging of election an so on.