Blockchains
Blockchains and associated technologies could revolutionize governance. These innovative tools stemming from cryptocurrencies apply rules-based logic to highly cumbersome human processes. This family of technologies could enable large portions of government decision-making to be far better organized, thereby reducing unnecessary levels of bureaucracy. The spread of this captivating infectious technology is rooted in the core tenet of decentralization. The table below highlights a few of these opportunities:
These ideas barely scratch the surface of how blockchain technology could drastically enhance the operations of government.
Sources: 3 Potential Benefits of Blockchain for Government | https://www.boozallen.com/s/insight/blog/3-potential-benefits-of-government-blockchain.html#:~:text=For%20government%20leaders%20walking%20this,example%2C%20the%20GSA%20FASTLane%20process.