Government Sector
The Government Sector has always been plagued by a lack of transparency and very little accountability.
The Blockchain technology aims to change this status quo. With the use of smart contracts and the transparent, trustless and immutable nature of blockchains, the Government sector can greatly benefit from this technology in providing a better service and more transparency to its citizens.
The Blockchain technology also aims at enhancing the efficiency of governmental services including land registry systems, administrative processes and many other aspects of governmental work which are often tedious, time-consuming and which requires approval from different intermediaries. The proper use of smart contracts creates the possibility of streamlining all these processes and decisions with the end result of providing a modern government, at the service of its citizens.