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| 17 Jun 2024 | |
| Reports |
Executive Summary
The emergence of blockchain holds promise for the federal government to foster trust and greater transparency about certain data activities; but the technology is not a panacea. Blockchain must be used responsibly and under the right circumstances. Some conditions are well-established for when blockchain technology might improve trust, but program administrators must weigh other relevant points about how and when to consider applying the approach.
Bringing Blockchain Into Government: A Path Forward for Creating Effective Federal Blockchain Initiatives considers seven blockchain projects underway in government in 2018-2019, including the project goals and the role blockchain plays. The examples clearly illustrate a range of potential use cases for blockchain technology in government, from health care to procurement actions.
