All documents and transactions can be certified digitally and recorded in a non-tamperable way to assure their authenticity, in the same way they may be signed and approved in the offline world by official bodies and persons. As Wikipedia describes:
“A blockchain, originally block chain, is a growing list of records, called blocks, that are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (generally represented as a Merkle tree).”
As CoinTelegraph reports government bodies like the Riyadh Municipality are pioneering the adoption of Blockchain for next generation Digital Government services.
Dinar Duham explores how Blockchain can help Government, beginning to define and explore the use case of Blockchain Digital Government.
From smarter smart cities through verifying crime evidence and enhanced food traceability there are a multitude of possibilities, as IDC shares via this webinar and Jonathan Reichental highlights in his tweet.
Use cases include Land Registries. Given the Blockchain is fundamentally a registry system then naturally this is a very fertile area for its application, although there are of course counter views – For example on Linkedin Dominic Wilson argues they aren’t enough.
As Anglia Research describes it is specifically intended as a ledger system for enabling and recording asset transfers, and CoinDesk provides this detailed examination of the use case, highlighting how one aspect of natural disasters is the potential loss of all paper based versions of these records, avoidable through encoding them on the Blockchain.
A number of countries are already blazing a trail in this area, including the UK, Sweden and Georgia each trialing implementations at different stages; it’s estimated the Swedish adoption could save taxpayers €100m. Kenya is pioneering the use of blockchain technology to streamline land ownership.