How Government Sectors Take Advantages of Blockchain Technology?
Will 2019 be the year for blockchain for the government? Well, no idea! But it is very clear that blockchain is now no longer only a tool for cryptocurrencies or other database management as the US government has recognized this technology’s future for public services.
The blockchain technology is inclusive of two main components — a decentralized network promoting and verifying transactions. This technology’s benefits — of high security, productivity, efficiency, and speed — are expeditiously appropriate for public sector federals.
Leveraging blockchain in government can make government work more competent and effectual and also will help to deliver the best public services. Let’s have a look at how can government sectors can take advantage of blockchain tech?
Blockchain for Government — Most Important and Possible Use Cases
Use blockchain technology in voting
The government can take leverage of blockchain technology on digital voting that can prevent fraud. In fact, some states are already checking this technology in the local elections. Thanks to the convenience, the technology allows casting a vote from home. And It will definitely lead to a larger involvement in elections. Blockchain in information technology makes workflow, automatic and reduces human efforts.
Blockchain in citizen and entitlements management
Governments offering varieties of services such as:
- Governments offering varieties of services such as:
- Emergency Services (e.g., police, fire)
- Educational
- Healthcare
- Electricity
- Military (e.g., army, navy, air force, marines)
- Utilities (e.g., water, garbage, sewage)
- Post Office
- Law Enforcement (e.g., court, police)
- Business Incorporation
- Infrastructure (e.g., hospitals, schools, roads, etc)
Most governments do not provide integrated online services. While using blockchain in government can provide digital e-government services. So, people can access their accounts anywhere anytime.
Blockchain gives secure digital identity that ensures the privacy of a person’s information. It makes above-listed services faster and more efficient. It has the potential to improve relationships and trust between governments, federals and their citizens.
To maintain other government records
The other government records such as personal records (marriage, divorce & death certificates), basic property management, corporate registration can be easily forged. People can easily purchase fake green cards or passports or driving license these days. It happens because most of the government sectors follow the paper-based system.
Where in blockchain-based government, paper-based documents will be replaced with digital documents on a permanent book. And it is impossible to duplicate because it is a single record only, a unique. It can only be accessible by biometric scan — a face scan or fingerprint scan. So, it is transparent and trustworthy at all.
Blockchain in supplychain management system
Using blockchain in supplychain management system allows companies to meet with government rules as well as business and trade laws more securely and transparently.
When a product changes the hands, the transaction from manufacture to sale could be documented that takes a lot of time and costs. The blockchain technology can make this service directly as it reduces human interactions. The service will become directly, faster and cheaper.
Blockchain Technology creates more trust that will definitely affect every industry and every country. So, it’s very hard to ignore the advantages of blockchain. The government must adopt this technology.
