Журнал глобальной экономики

Blockchain for Governments: Transparency, Efficiency and Digital Governance

Abstract

Barnes Gregory*

Blockchain technology has gained attention as a powerful tool for governments seeking to enhance transparency, efficiency, and digital governance. This article explores the applications of block chain in government, its potential benefits, and the challenges it poses. We examine use cases, security concerns, and the role of block chain in reshaping the public sector. By leveraging block chain, governments can create a more accountable and streamlined administration that serves citizens more effectively. Blockchain's inherent security features make it an ideal technology for government use. It ensures that data remains tamper-proof and auditable, enhancing government accountability. In an era where trust in government institutions is often eroded, blockchain can help rebuild that trust by providing transparent and immutable records of government actions.