Blockchain and Government Transformation

Abstract

In today’s digital age, transactions are made increasingly in the virtual universe. Some do all financial transactions online, but some do not even want to think about this possibility since the consideration is unreliable. To make online financial transactions more reliable, many technologies have already been tested. Since passwords, tokens, physical code generation accessories, there have been many attempts, being the most elaborate, the blockchain. Governments, especially in developed countries, often find it difficult to gain the trust of their citizens, especially when it comes to evidence of service provision and improvement of existing services. In developing countries, blockchain requests from governments would be useful in eliminating some important problems, such as corruption, while ensuring more effective deployment and distribution of resources. The adoption of such technologies can also help to facilitate better use of resources. In this paper, we will analyze the impact of the application of blockchain technology on e-government.