Rashid555
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November 03, 2018, 08:15:01 AM |
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Government are free to make decision for the economies and they will not implement things related to economy in hurry they think first about the importance and value to the country and it can be judge by economist that whether it is good for the bilateral trade and international investment or not we should check all the aspects of blockchain first.
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upsidedown75
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November 03, 2018, 09:00:45 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. There is always every certainty that corrupt officials due to their own selfish reasons will not want to get to see it fly based on how it is going to affect the way they have been doing things and as well expose them. However, this is something we will get to see over time become a reality and we will obviously be able to see it make a lot of sense over time, considering that there will be a lot of huge transparency and accountability in the government when that is implemented. Sure, it would take some tough leader with great vision to be able to get this to work, but at some point when most countries begin utilizing the blockchain, most parts of the world will be forced to do that as well.
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jikurpa
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November 03, 2018, 09:56:49 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?
very true what you say in your opinion may be created to overcome the blockchain corruption problem so that in the future the economy will get better and can develop
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enhu
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November 03, 2018, 10:01:24 AM |
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A corrupt government will oppose the implementation for it will stop them, its been happening because banks had been resisting the adoption of cryptocurrencies that they publish different articles to spread false information about it. But blockchain is a much powerful technology that even the financial firms of today are already influencing people to buy crypto for their investment.
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UNOE
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This is personal
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November 03, 2018, 10:32:43 AM |
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I wish we will have government one day which will implement blockchain technology to prevent corruption, but right now most of people in our government do not even know what is blockchain, also we have corruptive government which do not want such a transparency into their businesses.
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zubrr51
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November 03, 2018, 11:11:35 AM |
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It is high time to start fighting with bureaucracy and corruption with modern methods, one of which is the blockchain.
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sunsilk
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November 03, 2018, 11:45:21 AM |
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I wish we will have government one day which will implement blockchain technology to prevent corruption, but right now most of people in our government do not even know what is blockchain, also we have corruptive government which do not want such a transparency into their businesses.
It won't happen if the government doesn't focus with technology and don't want to explore with innovation. Another hindrance are those officials that sees nothing to blockchain but only to stop their shady activities while they are on the position. This isn't new and this type of problem is very popular to all countries. A corrupt government won't take those suggestions that will eradicate corruption because that will stop them to take advantage of robbing people's money.
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Sithara007
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November 03, 2018, 12:18:47 PM |
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I don't understand how Blockchain will be able to prevent corruption. Since the transactions will be traceable, none of the parties will prefer doing such payments. They will find some loophole to avoid it.
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entrepmind23
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November 03, 2018, 12:31:52 PM |
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I don't understand how Blockchain will be able to prevent corruption. Since the transactions will be traceable, none of the parties will prefer doing such payments. They will find some loophole to avoid it.
If the government would enforce it properly then corruption would be greatly reduced because the transactions are traceable as what you mentioned. They will let their employees operate in a system with blockchain technology because they wouldn't be able to just easily delete it and then they cannot just change the information in it. It would be a great help in tracing the people behind those transactions so that they will know who are the accountable ones. During an election, blockchain would be a great help so that there would be proper counting of votes and the people who are manning those voting machines would not be able to easily manipulate the vote counts since they can't change the information.
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richmcrich
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November 07, 2018, 06:18:50 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
Lol. There is absolutely no doubt about that at all. We all know that government has always been the most corrupt and anything that will affect their corrupt activities, most especially for the third world and developing countries. That transparency is honestly the thing that is needed the most in a lot of corrupt places, and this is something that a lot of them basically need to make use of to at least be able to help the economy, but instead a lot of them will rather decide to want to help their pockets first before even thinking of the economy.
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Lady Coquet
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November 07, 2018, 02:32:20 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?
I think if government starts to implement blockchain technology it won't prevent corruption because governments will still find a way just to control blockchain technology, so they could steal money from us.
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agentx44
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November 07, 2018, 06:03:28 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?
In my own opinion, even government start to implement blockchain technology it wouldn't still prevent corruption because the reason why scammers be able to trick people by the use of blockchain that they were unable to be tracked, that is why it will be useless if they start implementing it. I also think that government will still steal money from us even we are now using blockchain technology because that is how politics works since it was created.
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Andika23
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November 07, 2018, 10:52:06 PM |
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Yes, I strongly agree with your thoughts, I think this is a good vision because with the government corrupting the money they are giving will be reflected in the blockchain ledger, and they cannot avoid it if they are caught corruption, and blockchain technology I think will be implemented in all countries in the next few years, because they will follow the technological advancements that will develop.
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jho0810
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November 07, 2018, 10:57:30 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?
You have a point but do you think some government wants that we all know in every country in government there always a corrupt that why some countries ban about crypto or bitcoin because they know they cant make money to corrupt.
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gamalzour
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November 08, 2018, 05:51:48 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.
Hahaha and you really think this will happen in this world. The countries where already rule and law are amazingly practiced, and no crimes are observed, those countries are still welcoming bitcoin. But majority of the government and their officials are corrupt, and they focus on making black money. So, these snakes would never allow governments to entertain this bitcoin theory.
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twa
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BitSong is a decentralized music streaming platfor
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November 08, 2018, 08:04:20 AM |
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indeed blockchain technology was created to reduce it. It is also possible that the blockchain will be used by the government as an eradication of corruption, but it will also have negative and positive effects depending on the government implementing it in its economic system.
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selardkinley
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November 08, 2018, 11:08:45 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?
I don’t think there is any need for government to implement Blockchain to be able to find out when money are being stolen or where the country’s money is going into. It’s even easier to detect that with banks and know where exactly the money has gone into and fish out the people involved, although I do know that Blockchain is easy too. But why I said it’s easier with bank is because they have information of everything, including location of account users and other information about them. But with Blockchain you just see the address and you don’t know who owns it. The truth is that the government it self is corrupt.
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ganlianshifu1
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November 08, 2018, 11:36:09 AM |
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The decentralization and non-tamperable features of blockchain technology solve a lot of credit problems! If the government applies blockchain technology, it can combat the problem of corruption to a certain extent, and can effectively reduce the phenomenon of fraud and fraud, including tax services, public services, and social welfare.
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walemil
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November 08, 2018, 11:39:40 AM |
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You are right. Blockchain will make sure there is transparency but a corrupt government doesn't want to be transparent because they know that it will hinder them covering up their stolen funds. This is the major reason most of these countries are against cryptocurrency.
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pieppiep
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November 08, 2018, 11:49:04 AM |
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it seems very difficult to implement the bloc system for the government and to eliminate corruption it will be very unlikely to happen, there are so many governments that commit corruption that they do not want to implement the blockchain system in their country.
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