Denmark proposes use of blockchain in fight against corruption
Ministry of Foreign Affairs of Denmark has released a report analyzing the use of blockchain in the fight against corruption. The Ministry of Foreign Affairs of Denmark published a report explaining the use of IT technologies and services including blockchain, e-governance, big data, and crowdsourcing to fight administrative, or day-to-day, corruption as well as political corruption. Presented during the International Anti-Corruption Conference, or IACC, the report emphasizes the use of blockchain as a technology that will build a more transparent governance and transaction system, further adding that it will also give individuals greater rights over their own data. According to the report, blockchain can be used as a potential anti-corruption tool as it has the ability to store records immutably and transparently.
Coin Telegraph - 3rd Sep 16:09