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Government and Public Sector

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Applications of Blockchain Technology in Business

Part of the book series: SpringerBriefs in Operations Management ((BRIEFSOPERMAN))

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Abstract

Blockchain can help government activities across multiple use case categories as a static store of secure information or a dynamic store of tradable information. One area in which blockchain can help government is record management. National, state, and local governments are in charge of keeping up people’s records, such as birth, passing dates, and property exchanges. Some of these records still exist in paper form. Modifying and updating these records is tedious, superfluous, and frustrating. Blockchain technology can rearrange the record-keeping and make the records more secure. Marriage, death, and birth certificates could be stored in the blockchain network, where one’s data will be recovered safely. Decentralized file storage, where data is distributed throughout the network, protects files from getting hacked or lost. Many local, city, and state governments have shown interest in storing and managing government records on blockchain. For example, the states of Vermont and Delaware, as well as the city of Dubai, are planning to use blockchain technology for government records including property ownership records, utility bills, and permits (Van der Meulen 2018).

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Attaran, M., Gunasekaran, A. (2019). Government and Public Sector. In: Applications of Blockchain Technology in Business. SpringerBriefs in Operations Management. Springer, Cham. https://doi.org/10.1007/978-3-030-27798-7_6

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