Page 26 - April 2018 Disruption Report Flip Book
P. 26
FEDERAL GOVERNMENT JAANPURAIRLY20210818
...Among the many benefits of blockchain to the business of government, there are several specific use cases where blockchain could have an immediate impact. They include:
◊ Citizen services – including constituent engagement, voting, financial transactions, tax collection
◊ Identity management – including legal, birth, marriage, death, passport, visa, security tracking
◊ Benefits management – including Social Security, Medicare, Medicaid, Veterans Administration and many more
◊ Contract management – including vendor tracking, financial commitments and transactions, schedule tracking, performance tracking
◊ Regulatory compliance – including services deployment, timeline and schedule management, performance tracking, audit support and tracking
◊ Disaster recovery – including emergency supplies management and distribution, monetary donation tracking
Some specific examples include:
• Health records could be completely secured and accessible at any hospital in the country simultaneously upon authorization by the patient or legal guardian (whose status also could be verifiable on another blockchain).
• Property titles and land ownership could be easily transferrable upon legal sale, negating the need for expensive and time-intensive third- party intermediary involvement.
• Mechanism for reducing friction in mission support systems and other shared services.
• Government agencies could vastly simplify their interagency operations via smart contracts, making government travel, leased vehicles, and facility management, at lower cost.
© 2018 by Canfield Press, LLC. All rights reserved. www.canfieldpress.com
26