BLOCKCHAIN TECHNOLOGY

[fasdorcas]

Blockchain technology is a very unique and beautiful program which was created today but I just realized it could be the solution for corruption which was happening all over the world. The Government works for the public right? So the public should be allowed to view what or where the money goes. It would be nice if we could view the public wallet or government funds and you can view each transactions. The blockchain transactions can be viewed publicly. We are paying taxes for the benefit of our country so it would be nice if this kind of technology will be implemented. What are your thoughts? Could this be possible or not?

PS: These are only my opinion, feel free to delete this thread if it's uninteresting subject. Also, feel free to delete this if someone already created similar topic about this.

All we know that the blockchain technology is made for cryptocurrency only and blockchain technology is the future of the technology I think so. Block chain technology is a unique program that can help the economy of a country to increase and lower the corruption that was happening all over the world, not just one country but the whole world.

Blockchain technology is not all about cryptocurrency only as this is just something that is one part of it all as there are so many other applications of blockchain technology when it comes to every single sector.
Certainly, with the adoption of blockchain technology, it would bring about accountability and transparency which are the two major things lacking in a corrupt system of governance as we all know and if this part can be easily fixed; then, I believe that it can always be of help to some of the developing and less developed areas.

We can see how governments are already trying to see how they can homogenize blockchain technology into the system which would really help even with data in some sectors a lot.

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[Rejevunator]

Blockchain technology is a very unique and beautiful program which was created today but I just realized it could be the solution for corruption which was happening all over the world. The Government works for the public right? So the public should be allowed to view what or where the money goes. It would be nice if we could view the public wallet or government funds and you can view each transactions. The blockchain transactions can be viewed publicly. We are paying taxes for the benefit of our country so it would be nice if this kind of technology will be implemented. What are your thoughts? Could this be possible or not?

PS: These are only my opinion, feel free to delete this thread if it's uninteresting subject. Also, feel free to delete this if someone already created similar topic about this.

Governments have been implementing Blockchain Technology for transparency already. One such case is Canada, https://explorecatena.com/. As you can see in their website, you can go and browse government spending thru Blockchain. You can even see it in explorer so its there's no doubt that you know where the money is going. I'm sure that this is just the beginning and other governments will also implement it on their backyard, or maybe some of them are already is, but it was not yet reported.

Thanks for sharing that real life application of the blockchain technology with the Canadian government spending. I never knew there was anything like that. This is actually one thing we are talking about when it comes to how blockchain technology will really help in a lot of ways with most of it being the transparency and of course the government will have to be accountable for every of their spending and with something like this, there will be no cutting of corners, everyone will be careful knowing they can easily be tracked and monitored and for some part of the world that are less developed, this would really be something to imbibe. Like you said, this is just the beginning and as we keep moving on, governments all over the world, will start popping up with theirs.

Block chain have some power to improve economy. You're right government should use block chain technology and let there people to know where money is going. But its a bit risky since all hackers will try to hack government wallets all will target them.

[domarakooth]

Blockchain technology is a very unique and beautiful program which was created today but I just realized it could be the solution for corruption which was happening all over the world. The Government works for the public right? So the public should be allowed to view what or where the money goes. It would be nice if we could view the public wallet or government funds and you can view each transactions. The blockchain transactions can be viewed publicly. We are paying taxes for the benefit of our country so it would be nice if this kind of technology will be implemented. What are your thoughts? Could this be possible or not?

PS: These are only my opinion, feel free to delete this thread if it's uninteresting subject. Also, feel free to delete this if someone already created similar topic about this.

Governments have been implementing Blockchain Technology for transparency already. One such case is Canada, https://explorecatena.com/. As you can see in their website, you can go and browse government spending thru Blockchain. You can even see it in explorer so its there's no doubt that you know where the money is going. I'm sure that this is just the beginning and other governments will also implement it on their backyard, or maybe some of them are already is, but it was not yet reported.

Thanks for sharing that real life application of the blockchain technology with the Canadian government spending. I never knew there was anything like that. This is actually one thing we are talking about when it comes to how blockchain technology will really help in a lot of ways with most of it being the transparency and of course the government will have to be accountable for every of their spending and with something like this, there will be no cutting of corners, everyone will be careful knowing they can easily be tracked and monitored and for some part of the world that are less developed, this would really be something to imbibe. Like you said, this is just the beginning and as we keep moving on, governments all over the world, will start popping up with theirs.

But i have doubt no one will accept it many government are already against it so why they won't accept block chain technology and never let people to view it.

[EllenSmith]

Blockchian is a big invention brought to our world , thanks to it we can do many things easier than ever.  could you imagine how bad the world is if blockchain suddenly vanish today, IT is so terrible for human

[jjohnathn]

Blockchain technology is a very unique and beautiful program which was created today but I just realized it could be the solution for corruption which was happening all over the world. The Government works for the public right? So the public should be allowed to view what or where the money goes. It would be nice if we could view the public wallet or government funds and you can view each transactions. The blockchain transactions can be viewed publicly. We are paying taxes for the benefit of our country so it would be nice if this kind of technology will be implemented. What are your thoughts? Could this be possible or not?

PS: These are only my opinion, feel free to delete this thread if it's uninteresting subject. Also, feel free to delete this if someone already created similar topic about this.

Governments have been implementing Blockchain Technology for transparency already. One such case is Canada, https://explorecatena.com/. As you can see in their website, you can go and browse government spending thru Blockchain. You can even see it in explorer so its there's no doubt that you know where the money is going. I'm sure that this is just the beginning and other governments will also implement it on their backyard, or maybe some of them are already is, but it was not yet reported.

Thanks for sharing that real life application of the blockchain technology with the Canadian government spending. I never knew there was anything like that. This is actually one thing we are talking about when it comes to how blockchain technology will really help in a lot of ways with most of it being the transparency and of course the government will have to be accountable for every of their spending and with something like this, there will be no cutting of corners, everyone will be careful knowing they can easily be tracked and monitored and for some part of the world that are less developed, this would really be something to imbibe. Like you said, this is just the beginning and as we keep moving on, governments all over the world, will start popping up with theirs.

So i think its impossible to government to use block chain. Also we give tax to government but cryptocurrencies are tax free how will we give to government to develop our country.

[Shreek]

the transparent nature of the blockchain can of course easily counteract all kinds of fraud in government, now when we trade using FIAT currency, then after our money is used, the track record is no longer visible or lost, but different when you transact using cryptocurrency , transaction trace data still exists and can be accessed forever

[shinharu10282016]

Blockchain technology is a very unique and beautiful program which was created today but I just realized it could be the solution for corruption which was happening all over the world. The Government works for the public right? So the public should be allowed to view what or where the money goes. It would be nice if we could view the public wallet or government funds and you can view each transactions. The blockchain transactions can be viewed publicly. We are paying taxes for the benefit of our country so it would be nice if this kind of technology will be implemented. What are your thoughts? Could this be possible or not?

PS: These are only my opinion, feel free to delete this thread if it's uninteresting subject. Also, feel free to delete this if someone already created similar topic about this.

View public wallet/government funds? It should be available for the public's view as far as I know as it is supposed to be mandated by the Constitution or it maybe not as for other countries I guess? As for my country, it is available for the public but nobody cares unless someone big time spends it on something it shouldn't be spent on.

[cintamoni]

Blockchain technology is a very unique and beautiful program which was created today but I just realized it could be the solution for corruption which was happening all over the world. The Government works for the public right? So the public should be allowed to view what or where the money goes. It would be nice if we could view the public wallet or government funds and you can view each transactions. The blockchain transactions can be viewed publicly. We are paying taxes for the benefit of our country so it would be nice if this kind of technology will be implemented. What are your thoughts? Could this be possible or not?

PS: These are only my opinion, feel free to delete this thread if it's uninteresting subject. Also, feel free to delete this if someone already created similar topic about this.

Governments have been implementing Blockchain Technology for transparency already. One such case is Canada, https://explorecatena.com/. As you can see in their website, you can go and browse government spending thru Blockchain. You can even see it in explorer so its there's no doubt that you know where the money is going. I'm sure that this is just the beginning and other governments will also implement it on their backyard, or maybe some of them are already is, but it was not yet reported.

Thanks for sharing that real life application of the blockchain technology with the Canadian government spending. I never knew there was anything like that. This is actually one thing we are talking about when it comes to how blockchain technology will really help in a lot of ways with most of it being the transparency and of course the government will have to be accountable for every of their spending and with something like this, there will be no cutting of corners, everyone will be careful knowing they can easily be tracked and monitored and for some part of the world that are less developed, this would really be something to imbibe. Like you said, this is just the beginning and as we keep moving on, governments all over the world, will start popping up with theirs.

I appreciate your thought and no need to delete such topic since your post take a lots of potential. By viewing government funds we will able to know what our governments are actually doing. It can reduce the rate of corruption that government doing now days.

[jossiel]

This was suggested by many but I doubt that this is going to be adopted by the government. It can even help the election but they won't adopt it. I guess there were proposals made before but they won't consider using it.

But to have public viewing for the public's fund? I'm having doubt with this, they can create a law about freedom for the public to view most information inside the government.

[SneakyLady]

Blockchain technology is a great tool that can be used to ensure the public's trust in governments, but I would prefer to see it used to eliminate the need for separate governments and eventually pave the way for a human collective. There are enough problems that humanity faces. Petty warring amongst ourselves only adds to our problems.

[3acaga]

In my country, Ukraine, the officials wanted to introduce blockchain technology for issuing passports for land and real estate. But they realized that this would not bring them any stolen money, and immediately refused commenting on the fact that the blockchain technology is still very raw and not safe.

[1Referee]

In my country, Ukraine, the officials wanted to introduce blockchain technology for issuing passports for land and real estate. But they realized that this would not bring them any stolen money, and immediately refused commenting on the fact that the blockchain technology is still very raw and not safe.

I don't really get it. How can a private (centralized) blockchain not be used to game the system? The benefit of private blockchains is that you can choose which part of the network you want to have operating publicly, and which part completely private. Another aspect is that private blockchains aren't immutable, which grants them all the freedom in the world to erase all trails that potentially could be traced back to them.

I think private blockchains allow for more fraudulent activities than ever before. Rogue state employees will feast on that for sure.

[ibrayzorhaf]

I agree with those of you who think the blockchain system is implemented in the government payer system, be it taxes, electricity and also regional budgets that can be seen publicly where to go to the funds flow, in this way can reduce government corruption.

[CryptoAssasin]

That will be a great idea to track those records specially if this will be focused on government fund records and how they are using it. It was the money of people so we deserve to see those records publicly. That really is possible but will surely take a couple of years before that happens because there will definitely be against that idea specially those corrupt officials. Just as many thinks, blockchain really holds a future where it could solve thousands of problems and thousands of opportunities awaits using this next big thing we called blockchain.

[Kasabus]

That will be a great idea to track those records specially if this will be focused on government fund records and how they are using it. It was the money of people so we deserve to see those records publicly. That really is possible but will surely take a couple of years before that happens because there will definitely be against that idea specially those corrupt officials. Just as many thinks, blockchain really holds a future where it could solve thousands of problems and thousands of opportunities awaits using this next big thing we called blockchain.

Though we might see good things around using blockchain technology but still we can see also its negative effect to us and in the community. By using this one or engaging into internet base job will surely lessen the number who were working on the day or office job as they might be preferred of going it at their home. And with that,  some establishments will close due to lack of workers which couldn't be good at all.

[djgtr]

Blockchain technology is a very unique and beautiful program which was created today but I just realized it could be the solution for corruption which was happening all over the world. The Government works for the public right? So the public should be allowed to view what or where the money goes. It would be nice if we could view the public wallet or government funds and you can view each transactions. The blockchain transactions can be viewed publicly. We are paying taxes for the benefit of our country so it would be nice if this kind of technology will be implemented. What are your thoughts? Could this be possible or not?

PS: These are only my opinion, feel free to delete this thread if it's uninteresting subject. Also, feel free to delete this if someone already created similar topic about this.

I don't think blockchain is the solution for corruptions because it could also be used for it. Yes, it is created to revolutionize the evolution of investment which makes all people became the same level in this business.

Corruption is always present in any situations. If we are talking about blockchain is very helpful because it can be used as way of transaction. If you are looking for a great income to come well invest for more and look for great investment to come along.

[djgtr]

the transparent nature of the blockchain can of course easily counteract all kinds of fraud in government, now when we trade using FIAT currency, then after our money is used, the track record is no longer visible or lost, but different when you transact using cryptocurrency , transaction trace data still exists and can be accessed forever

Blockchain is always positive outlook because it can be used as transaction in different ways to go. The government syas it is not exist but if we are really into it and focused it is already exist and it is used already by many of us. Buying in exchange of services and goods.

[maianh09]

The blockchain is a good technology platform, but it has so many significant technological disadvantages that Blockchain is not the perfect platform. The Blockchain platform is very transparent about exchanges, but it anonymously implements this to make the government hate it.

[Whosdaddy]

Blockchain technology is a very unique and beautiful program which was created today but I just realized it could be the solution for corruption which was happening all over the world. The Government works for the public right? So the public should be allowed to view what or where the money goes. It would be nice if we could view the public wallet or government funds and you can view each transactions. The blockchain transactions can be viewed publicly. We are paying taxes for the benefit of our country so it would be nice if this kind of technology will be implemented. What are your thoughts? Could this be possible or not?

PS: These are only my opinion, feel free to delete this thread if it's uninteresting subject. Also, feel free to delete this if someone already created similar topic about this.

View public wallet/government funds? It should be available for the public's view as far as I know as it is supposed to be mandated by the Constitution or it maybe not as for other countries I guess? As for my country, it is available for the public but nobody cares unless someone big time spends it on something it shouldn't be spent on.

At least, if we get to see some of the government spending’s being available to the public view, it would bring about some level of transparency within the system of governance and we will get to see things being done differently than it used to.

I am from a place where accountability and transparency is not even something to write home about, and exposing the way money is going for some activities, will really expose some certain things and will make a lot of things become glaring for the citizens view and to question some acts and things undone, when considering the amount allocated for such projects. This is something that I believe will bring about monitoring and evaluation in the system of governance.

[el kaka22]

the transparent nature of the blockchain can of course easily counteract all kinds of fraud in government, now when we trade using FIAT currency, then after our money is used, the track record is no longer visible or lost, but different when you transact using cryptocurrency , transaction trace data still exists and can be accessed forever

That would be a good thing actually. Someone shared some recent development in the Canadian government using the blockchain to monitor the spending of the government and having a platform for the whole country and even the world to see how money is being spent. This transparency and accountability is something that is lacking in most of the world and most especially when it comes to most of the corrupt underdeveloped parts of the world, and I believe if utilized effectively, it would really bring about some good level of impact to the governmental space entirely.

At least, if we get to see some of the government spending’s being available to the public view, it would bring about some level of transparency within the system of governance and we will get to see things being done differently than it used to.

I suspect any politician will allow that lol. Yes, this may be the reason why most governments are not ready to adopt blockchain technology (please note: not adopting bitcoin has different reasons from ignoring blockchain technology). Basically politicians hate transparency.