How can blockchain technology help increase public trust in institutions?
Blockchain can enhance transparency and accountability, making it easier for the public to verify transactions and data.
Can you give me an example of how this works in practice?
Sure! For instance, in voting systems, blockchain can ensure that votes are securely recorded and can be audited, reducing fraud.
What are some challenges in implementing blockchain for public trust?
Challenges include scalability, regulatory concerns, and the need for public education on how blockchain works.
Is blockchain being used in any government projects currently?
Yes, several governments are exploring blockchain for land registries, identity verification, and supply chain transparency.
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