Blockchain and National State Infrastructure: Why Is It Needed?
Blockchain is a technology that allows data to be stored in a chain of blocks. These blocks are linked together and protected using cryptography. Each block contains information that can be verified but cannot be changed.
Why do states need blockchain?
🔵 Blockchain allows all participants to see and verify information. This is especially important for government management to ensure transparency in areas such as voting, taxation, and the distribution of state funds.
🔵 Blockchain protects data from forgery and hacker attacks. This helps states keep important documents, such as medical records, land registries, and other state archives, safe.
🔵 Many bureaucratic processes can be complex and time-consuming. Blockchain allows automating and simplifying many of them, such as issuing licenses, property registration, and identity verification.
🔵 Using blockchain can reduce the costs of data management and processing. This is because blockchain allows the exclusion of intermediaries and automates processes.
🔵 Blockchain can speed up many processes related to government services. For example, the transfer of property ownership can take minutes instead of weeks.
Blockchain can significantly improve the work of government structures, making them more transparent, secure, and efficient. This helps build more trust between citizens and their government and improves the quality of public services.