Saturday, April 30, 2016

Can Blockchain Be A Tool Against Corruption?

Can Blockchain technology be used as a tool against corruption, such as tampering with records or even under-the-table transactions? Attempts are being made in this direction:

http://reason.com/blog/2016/04/30/bitfury-desoto-blockchain-land-registry

Perhaps the technology could be used for passport records, or birth certificates, or other things which are vulnerable to being doctored or forged. A citizenship registry? Issuance of licenses or permits?

IBM and others are currently betting big on Blockchain technology:

http://www.cnbc.com/2016/04/29/ibm-announces-blockchain-services.html

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