As narratives about corruption in Ukraine evolve, the Ministry of Digital Transformation hopes blockchain may resolve that downside.
Whereas Ukraine nonetheless ranked the second most corrupt nation in Europe, after Russia, it’s now exploring new methods to battle corruption for worry of dropping help from the West.
The top of the digital belongings knowledgeable group on the Ministry of Digital Transformation of Ukraine, Yulia Parkhomenko, spoke on the panel dialogue held by the Heart for Strategic & Worldwide Research. She mentioned the ministry sees new potentialities in blockchain expertise in making the Ukrainian authorities extra clear.
She significantly famous that blockchain can “reliably defend” state ledgers from unauthorized entry, improve their transparency, and “cut back corruption in state entities that oversee them.”
“Alongside specialists, we’re exploring worldwide expertise of utilizing blockchain on a state stage and develop our personal technique to implement web3 applied sciences in Ukraine.”
Yulia Parkhomenko, Ministry of Digital Transformation of Ukraine
As Russia continues its offensive towards Ukraine, Parkhomenko identified the nation is already utilizing blockchain expertise in “documenting Russian battle crimes” with the assistance of Dokaz.
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This undertaking helps prosecutors safe susceptible digital data. The product was developed by Starling Lab and supported by the FTX Basis and the Filecoin Basis.
Ukraine just isn’t the primary nation looking for a silver bullet answer to this downside.
As crypto.information reported, Puerto Rico’s lawmakers have been additionally eyeing distributed ledgers in late 2021, attempting to deliver extra accountability and transparency to the general public sector. It’s unclear if the federal government has made any progress since then, provided that in August 2022 the FBI arrested Wanda Vázquez, a former governor of Puerto Rico, on fees of accepting bribes from a marketing campaign donor whereas in workplace.
Learn extra: WEF article highlights how blockchain may assist deal with corruption
