Traditional rigid and legacy IT project management techniques should be avoided when contemplating initiatives to implement distributed ledger technologies. A more agile approach is required and FreeBalance’s blockchain advisory services help governments to determine their readiness for the adoption of blockchain technologies.
For government, blockchain promises to reduce fraud and corruption, while improving controls and data reliability. Blockchain provides distributed ledgers. In other words, multiple-entry bookkeeping. Distributed ledgers mean that tech-savvy, corrupt individuals would need to manipulate hundreds of systems, and these transactions are encrypted.
Some applications of blockchain in government:
Contact us to learn how we can help you to implement distributed ledger technologies in your government.
