Implementing Blockchain to Revolutionize Government Work
Blockchain solutions would create a more secure and efficient way for the government to operate while giving citizens more peace of mind that their data is secure.
Last year the world produced 2.5 quintillion data bytes daily, and as that number continues to grow, the need to find cutting edge ways to protect, secure, and verify this data has become paramount. During that year, cybercriminals committed one of the worst cyber-espionage incidents against the United States when it hacked thousands of organizations around the world, including branches of the U.S. government. Blockchain technology can help prevent these types of incursions into sensitive and vital data.
Governments need to reinvest in ways to better handle that data within their own networks and the data generated by its citizens. To do that, there needs to be a major investment in blockchain technology. Due to its decentralization, paired with cryptography, blockchain reduces redundancy, streamlines workflows, increases auditability, and ensures better security protocols for data integrity. Therefore, it’s a more efficient way for governments to reduce bureaucracy and regain the trust of its citizens during major events like elections and identification.