The blockchain is a disruptive technology. Over the past few years, it has gained a lot of traction and many countries, governments and organizations have started experimenting with the technology and have started to opt-in, for example, UAE has partnered with IBM and is working on the technology to revolutionize its government’s processes and citizen services.
This technology was opted by Dubai in February 2016. Dubai has the vision to create paperless by 2021.
Now if we do the same in India. We should go for it!
IMO if we apply blockchain in our country it will be really good too, for our economy as well as for the citizens. Blockchain technology can help us in various ways. The use of this technology can change the entire working of the nation it can help in preventing pollution too cause if we go paperless then there would be less cutting of the trees. Blockchain should be opted by our government too cause our country needs a system like.
If we the past of our country we have seen some serious scams that have made a negative impact on our economy.
We should learn from them and what I believe the ultimate solution to this is blockchain technology not only it will reduce frauds in the country but make our country more advanced and secured.
We are a developing nation and the technology can be used in numerous ways!
What are your views on this share your views with me in the comments section?