”Contest| Blockchain in Government Services"

Hello Steemians, welcome to my post. I am excited to participate in this challenge which I have talked about "Blockchain in Government Services"

Government can leverage the opportunity that blockchain is offering to the world to eliminate third-party, inefficiency in a centralized system to forestall growth in a nation. A centralized is more expensive to operate than a blockchain system that offers lower transaction fees. Before we dive deeper let's first take a look at the benefits the government will get from a blockchain service

Benefits of Blockchain in Government

Source

Blockchain will help the government to protect sensitive information, reduce fraud, and waste, and streamline processes and abuses while increasing accountability and trust in government service. Some of the key benefits that the government will get from using a blockchain service are;

• Increase trust in online civil systems and government.

• Reduce labor-intensive processes

• Reduce high costs associated with managing government offices and accountability

• Secure storage of government, business data, and citizen information.

The Use Cases of Blockchain in Government

There are many use cases of blockchain in government which range from smart cities, central banking, education validation, payroll, and several others that the government can benefit from.

• Smart Cities
  With smart cities, governments can use blockchain and the information they have gathered to manage social, physical, and business infrastructure to protect and streamline services. Blockchain can help the government with the right services they can use to protect their infrastructures and deliver better innovation.

• Central Banking
  Blockchain would help the government with better means of doing business internationally and locally. Blockchain allows a significant increase in transaction volume and network resilience that would allow banks to perform transactions faster and cheaper.

• Education Validation
  Keeping students on an encrypted identity wallet allows students and everyone whose data is been stored to have control over their data, which will turn allow students, lecturers, and staff to validate and attest to their performance. With this government will save more money to do other things.

Research From

I am inviting: @choimzy810, @nancygbemi, and @woka-happiness

Cc:-
@deepak94