Pab
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October 28, 2018, 07:15:06 PM |
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That is why banks are not much interested in blockchain All transaction in blockchain are visible so it cause big problems for money laundering Similar with ID protection I can't believe that still there is not available service what will encrypt and protect private data with blockchain It is really not so much hard to develop So why not because spying will be much harder and even impossible
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Osayo
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October 28, 2018, 10:24:51 PM |
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The blockchain has actually offered the entire world a more easier method jointly fight corruption through a very transparent system of the blockchain.
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dongyi17
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October 29, 2018, 03:33:30 AM |
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This is good idea, to ensure government official become corrupt, but i think this will not happen in other country, because some government they like to control the transaction so they can have get the interest in income.
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squog
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October 29, 2018, 06:58:41 AM |
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We all know that blockchains are basically a very transparent book where every and all transactions and displays for the world to see. True it does deter corruption but politicians and other people in power could use different ways to move and make money off of people even if we use blockchains. Let's not underestimate their greed.
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cintamoni
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October 30, 2018, 05:20:36 AM |
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Corrupt officials in some countries will not go for the use of blockchain technology, but European countries with low levels of corruption are likely to integrate this technology into their structure and further reduce the level of corruption. But this is just one example of the use of blockchain technology in the economic structure of a country.
Anyways if you look other side your opinion is good since it will reveal the truth what government is doing with our money. If the government is corruption they never use it and i know almost all governments are doing corruption.
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arnaudel98
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October 30, 2018, 07:32:29 AM |
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Corrupt officials in some countries will not go for the use of blockchain technology, but European countries with low levels of corruption are likely to integrate this technology into their structure and further reduce the level of corruption. But this is just one example of the use of blockchain technology in the economic structure of a country.
I think its impossible. If a government is already corrupted why would they implement blockchain technology?.
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cctv0
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October 30, 2018, 08:26:38 AM |
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This is one of the contributions of the blockchain. When the government can no longer be corrupt, then the officials will be more competent, which is good for any country, just for the people.
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sinkfish
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October 30, 2018, 08:55:43 AM |
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most of the government have many mouth to feed. some of them even work with deep corruption. funded with dirty money, financial fraud, nepotism. many shady deals are not ready to be made public. we do want a clean, corrupted government. blockchain indeed give a substantial solution reducing cost and efficient government.
the big problem is, blockchain will take out most of the peoples job. middle man, administration. clerical works are render useless. until government able to utilize blockchain system, they had to solve human problem 1st. perhaps replacing them part by part. slowly replacing old system with the new one.
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SirLancelot
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October 30, 2018, 09:21:29 AM |
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A very good idea in my opinion, but before that the awareness of individuals sitting in the government of a country is very much needed. How can the government be aware of the dangers of corruption, maybe that needs to be fixed first.
I do not think it is going to be effective. There is always a back door to misuse the power you acquire upon getting the chair. I believe that there should be tough penalties for the miss use of the power and we have examples of countries like China and many other where there is no concept of making money in power. You just cannot misuse the funds you get for the people. This is the reason of their success. Living within the system and making use of instruments that are favorable for the system is the best way to coupe it.
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mazdafunsun
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October 30, 2018, 06:11:14 PM |
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This extreme and wont work even if implemented. Lets imagine for a moment that this is true, every single transaction is done by blockchain.
How does this stop people exchnaging other goods as gold. jewelry, cars ?
You cant just blockchain at every problem and thin kthat it solves everyting.
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serjent05
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October 30, 2018, 06:46:16 PM |
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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?
It’s a very good idea. Good point man but i wonder who will be the first to initiate this idea among them (thieves) if they know that this idea is going to end their schemes of stealing. I doubt they will agree on it if incase. They will find reasons and disadvantages for having it for sure.
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Fatunad
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October 30, 2018, 09:52:01 PM |
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That is why banks are not much interested in blockchain All transaction in blockchain are visible so it cause big problems for money laundering Similar with ID protection I can't believe that still there is not available service what will encrypt and protect private data with blockchain It is really not so much hard to develop So why not because spying will be much harder and even impossible
Shady activities would really be completely wipe out when transactions is really visible to the public because of blockchain technology and this is why im not really surprised why they still havent considered for it to be adopted or applied into government transactions or even simply on banking industry. They do know on what would be the possible thing to be happened if they let off such changes.
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yitzjoe
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October 30, 2018, 10:05:23 PM |
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This is good idea, to ensure government official become corrupt, but i think this will not happen in other country, because some government they like to control the transaction so they can have get the interest in income.
This depends on the commitment of the state to eradicate corruption, if the state wants and wants to eradicate corruption, a good step is to implement blockchain which is actually more transparent in financial records and this cannot be manipulated. I am sure that corruptors will be afraid and think again about corruption where this can be legal evidence in court
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kirisakidaichi
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October 31, 2018, 01:00:42 AM |
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I think this can be applied in the government but it certainly will not be easy to implement because the government refuses. if this happens then corruption may no longer exist
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cryptoblazter
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October 31, 2018, 05:36:31 AM |
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How could bockchain implementation would prevent corruption? It won't help in reducing corruption, blockchain would lead to money laundering by people in the government. In blockchain there is no regulation. If there's no regulations, the won't have control of the curreny situation.
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jcpone
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October 31, 2018, 05:55:14 AM |
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The transparency blockchain is offering hasn't to do with corruption in the government. Corruption are with the people in the government, even there is transparency with all the transactions, but the people in the government do not have political will, they will still find ways to steal money from people. They just need to make the strategy technical.
To eradicate corruption, there should be political will.
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jjohnathn
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November 01, 2018, 05:49:10 AM |
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Corrupt officials in some countries will not go for the use of blockchain technology, but European countries with low levels of corruption are likely to integrate this technology into their structure and further reduce the level of corruption. But this is just one example of the use of blockchain technology in the economic structure of a country.
They'll do this all the government is corrupted if they use blockchain they'll never able to make money also we should not forget that government is looking forward to ban bitcoin and block chain. Almost all country has already banned it.
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jacafbiz
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November 01, 2018, 06:03:09 AM |
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DO you think Government practice what they preach, the most corrupt people are in Government and you will see them pointing fingers at people on the street, block-chain tech brings transparency and you know what is going on within the Government and once you know this and knowledge is power they very much know people would use this against them or try to check mate them
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paparexon0414
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November 01, 2018, 06:34:45 AM |
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This issue is being debated for years, due to the potential advantage of it to the economy. But as it progress, many countries still not accepting cyptos in their country and some also is just starting. If ever, this is really a big help although this will have to do a long journey before implementing in one's Country. Also, if the country is really corrupt they wil try not to implement it because this will be opened in the public and their doings will come to its end. I hope someday it will be also implement here in our country
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cizatext
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November 01, 2018, 06:35:52 AM |
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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?
Government to implement the blockchain to cumb corruption in what way do you really think that can work, cause the blockchain is design to operate in a decentralized manner and at that transactions made under it can neither be controlled or monitored the highest the government can do is to upgrade on the existing network which is the traditional financial institution but their should stay away from blockchain.
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