US Government Implements Blockchain Programs to Improve Transparency and Efficiency (1/23/18)steemCreated with Sketch.

in bitcoin •  7 years ago  (edited)

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Cryptocurrencies and the Blockchain will be front and center at this year's World Economic Forum in Davos with several cryptocurrency and Blockchain-related panels on the agenda.

The US government have been evaluating Blockchain technology since they have funded, collaborated and partnered with business, other countries as well as educational institutions in fostering and continuously developing innovative technologies and science. Contracts, transactions and the records of intellectual property (IP) are among the defining structures of the US economic, legal and political system. And the government agencies formed to manage them need to keep up with the economy’s digital transformation. Accordingly, Blockchain technology is under evaluation or is being implemented by several US government agencies to improve transparency, efficiency and trust in information sharing in:

-Financial management
-Procurement
-IT asset and supply chain management
-Smart contracts
-Patents, Trademarks Copyrights, Royalties
-Government-issued credentials like visas, passports, SSN and birth certificates
-Federal personnel workforce data
-Appropriated funds
-Federal assistance and foreign aid delivery

Full article: https://cointelegraph.com/news/us-government-implements-blockchain-programs-to-improve-transparency-and-efficiency-expert-blog

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