|Author||The European Union Blockchain Observatory and Forum|
|Link||View Research Paper|
How can blockchain work for government? This research from the European Commission dives deep into different blockchain-related topics in a thematic way. Governments across the EU have long used digital tools to deliver government services, but they need to start looking at how this innovative technology can work for them.
Blockchain for government has a number of benefits, including significant cost savings in data processing while increasing the robustness of the platforms.
These properties could be advantageous in a wide range of use cases. Blockchains can be deployed to secure and share important data and records, for example the records of our identity, which could be put on chain and used to provide a secure, unique, verifiable identity to all the actors in the digital economy. Blockchains can be used for asset registries, for instance with regard to land title, or to improve the securing and sharing of important data like patient health records or
educational certifications. With verified data on a blockchain, it could be possible to design trustworthy e-voting systems, too.
This report takes a look at how Europe can proceed applying blockchain for government. Regulation will play a huge role, but there are number of other recommendations that the report makes. Some of these include:
- Setting up the right infrastructure
- Creating tailored policies and regulations
- Educating the general public and entrepreneurs
- Dedicating research and development to understanding how the technology works
Blockchain for government could eventually lead to mass adoption across different countries. Blockchain for government could also result in the ability to offer innovative, efficient and cost-effective e-government services.
Download “Blockchain for Government and Public Services” to find out more.