Wednesday, February 8, 2023
Crypto News
Advertisement
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos
No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos
No Result
View All Result
Crypto News
No Result
View All Result
Home Blockchain

Puerto Rico plans to combat corruption with blockchain

by Crypto News
December 20, 2021
in Blockchain
0
Puerto Rico plans to combat corruption with blockchain
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


The Puerto Rico authorities lately confirmed curiosity in utilizing blockchain technology to fight corruption. Home Speaker Rafael “Tatito” Hernandez confirmed that lawmakers plan to satisfy with native blockchain consultants this month to create sensible contracts that goal to convey extra transparency and accountability to the sector.

In these conferences, they’ll talk about the way to undertake blockchain expertise for anti-corruption functions. In response to Bloomberg, Hernandez spoke in regards to the current improvement on anti-corruption at a Blockchain Commerce Affiliation Convention.

Hernandez mentioned implementing blockchain and sensible contracts might convey extra transparency and accountability to the general public sector. “We have now an actual credibility downside,” he defined. “And this is perhaps a part of the answer,” he added.

Hernandez additionally famous that this innovation is a broader effort to make the nation a hub for digital property and blockchain improvements. “Again within the 60s and 70s we had the area of interest of producing…It is a new area of interest, a brand new alternative to create jobs,” he mentioned.

Puerto Rico has been concerned with corruption scandals in recent times. Just lately, Cataño Mayor Felix Delgado-Montalvo pleaded responsible to expenses of amassing money bribes of greater than $100,000 and luxurious watches from corporations in trade for municipal contracts.

Blockchain & anti-corruption efforts in different nations

Extra nations are combatting anti-corruption with the usage of blockchain expertise. 

The United Nations drug and crimes company has advised the Kenyan authorities to utilize blockchain for anti-corruption functions. David Robinson, the regional anti-corruption advisor on the UN’s Workplace on Medication and Crime, mentioned that applied sciences like blockchain would assist Kenya forestall the lack of billions to deprave practices and crimes within the nation.

Additionally, the Ministry of Overseas Affairs for Denmark revealed a report explaining the use of applied sciences akin to blockchain, large knowledge, crowdsourcing, and e-governance to deal with administrative corruption and political corruption. The report said that blockchain may very well be used as an anti-corruption instrument as it might probably retailer information transparently and immutably.

Regardless of some nations’ efforts to leverage blockchain expertise in fixing corruption, Russia prohibits authorities officers from utilizing digital property because of unlawful actions.

Watch: CoinGeek New York, Investigating Prison Exercise on the Blockchain

New to Bitcoin? Try CoinGeek’s Bitcoin for Beginners part, the final word useful resource information to study extra about Bitcoin—as initially envisioned by Satoshi Nakamoto—and blockchain.



Source link

Related articles

Shift To DeFi "Wishful Thinking:" True Value Of Blockchain Is Elsewhere | Crowdfund Insider – Crowdfund Insider

November 28, 2022
5 Examples Of How Blockchain Could Transform The Casino Industry In The Future – CoinChapter

5 Examples Of How Blockchain Could Transform The Casino Industry In The Future – CoinChapter

November 28, 2022
Share76Tweet47

Related Posts

Shift To DeFi "Wishful Thinking:" True Value Of Blockchain Is Elsewhere | Crowdfund Insider – Crowdfund Insider

by Crypto News
November 28, 2022
0

Shift To DeFi "Wishful Thinking:" True Value Of Blockchain Is Elsewhere | Crowdfund Insider  Crowdfund Insider Source link

5 Examples Of How Blockchain Could Transform The Casino Industry In The Future – CoinChapter

5 Examples Of How Blockchain Could Transform The Casino Industry In The Future – CoinChapter

by Crypto News
November 28, 2022
0

5 Examples Of How Blockchain Could Transform The Casino Industry In The Future  CoinChapter Source link

Line shuts down crypto exchange to focus on blockchain and LN token

Line shuts down crypto exchange to focus on blockchain and LN token

by Crypto News
November 28, 2022
0

The Japanese messaging big Line has determined to close down its cryptocurrency alternate enterprise amid the continuing crypto winter.Line-owned...

Blockchain In Edutech Market Top Key Players, Latest Trends, Regional Insights 2026

by Crypto News
November 28, 2022
0

Blockchain technology market is a distributed system that data and shops transactional data. Extra particularly, blockchain know-how is a...

Cosmos-Based L1 Blockchain Onomy Raised $10M

Cosmos-Based L1 Blockchain Onomy Raised $10M

by Crypto News
November 28, 2022
0

Regardless of the extended bearish cryptocurrency market, Onomy has accomplished a $10 million funding spherical because it nears launch....

Load More
  • Trending
  • Comments
  • Latest
6 Altcoins to Buy As Crypto Bull Market Gets Crazier: Banking Veteran

6 Altcoins to Buy As Crypto Bull Market Gets Crazier: Banking Veteran

November 7, 2021
Tesla To Accept Shiba Inu Coin and will hit $0.1 in 2021!!

Tesla To Accept Shiba Inu Coin and will hit $0.1 in 2021!!

November 1, 2021
Bitcoin Mining Noise Drives Neighbors Nuts—a Giant Dentist Drill That Won’t Stop

Bitcoin Mining Noise Drives Neighbors Nuts—a Giant Dentist Drill That Won’t Stop

November 12, 2021
Pro-Crypto Candidates Seek an Easier Way to Accept Bitcoin, Altcoins

Pro-Crypto Candidates Seek an Easier Way to Accept Bitcoin, Altcoins

October 22, 2021
5 Hotels Accepting Cryptocurrency as a Payment Method

5 Hotels Accepting Cryptocurrency as a Payment Method

0
Top cryptocurrency prices today: Bitcoin, Dogecoin, Ethereum gain up to 5%

Top cryptocurrency prices today: Bitcoin, Dogecoin, Ethereum gain up to 5%

0
Four Emerging Altcoins Soar 101% or More Within Seven Days As Crypto Markets Ignite

Four Emerging Altcoins Soar 101% or More Within Seven Days As Crypto Markets Ignite

0
ADA Price Prediction: Cardano Sits and Waits

ADA Price Prediction: Cardano Sits and Waits

0
✅¿CÓMO GANAR CON CARDANO?

✅¿CÓMO GANAR CON CARDANO?

February 8, 2023
XRP Ripple: We Are Seeing The Lowest Numbers On XRP Prices That We’ve Ever Seen! (Wake Up!)

XRP Ripple: We Are Seeing The Lowest Numbers On XRP Prices That We’ve Ever Seen! (Wake Up!)

February 8, 2023
ETHEREUM TO FAIL? #Shorts #YouTubeShorts #crypto #btc #ethereum

ETHEREUM TO FAIL? #Shorts #YouTubeShorts #crypto #btc #ethereum

February 8, 2023
BU HAFTA ALIM YAPILACAK EN İYİ 7 POPÜLER ALTCOİN!🚀AYI SEZONU ÖZEL YATIRIMLIK GÜNCEL ALTCOİN SEPETİ!🔥

BU HAFTA ALIM YAPILACAK EN İYİ 7 POPÜLER ALTCOİN!🚀AYI SEZONU ÖZEL YATIRIMLIK GÜNCEL ALTCOİN SEPETİ!🔥

February 7, 2023

Recent News

✅¿CÓMO GANAR CON CARDANO?

✅¿CÓMO GANAR CON CARDANO?

February 8, 2023
XRP Ripple: We Are Seeing The Lowest Numbers On XRP Prices That We’ve Ever Seen! (Wake Up!)

XRP Ripple: We Are Seeing The Lowest Numbers On XRP Prices That We’ve Ever Seen! (Wake Up!)

February 8, 2023

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cardano
  • Cryptocurrency
  • Ethereum
  • Ripple
  • Videos

Bitcoin Currency Converter

Cryptocurrency Prices by Coinlib
  • Privacy & Policy
  • About Us
  • Contact Us

© 2021 Copyright Crypto News

No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos

© 2021 Copyright Crypto News