Wednesday, July 4, 2018

Spain’s Ruling Authorities Believe That Blockchain Must Be Used In Governance

Spain’s Ruling Authorities Believe That  Blockchain Must Be Used In Governance

Spain’s ruling authorities believe the government should use blockchain technology to manage the country’s social governance more productively.

A week ago, 133 deputies from the Popular Party granted a blockchain-related suggestion to the Congress of Deputies, the reduce chamber of the Spanish Parliament. This suggestion encourages  the government to represent blockchain “with the aim of improving internal processes and [providing] traceability, robustness and transparency in decision making,” according to social documents.

The document went on with the following:

“The introduction of blockchain – in administrative concessions, contracting or internal processes – will encourage greater control, traceability and transparency in the processes. In addition, the use of this technology can also bring extra revenue to the Administration through the promotion of new models of exchange of rights in sectors such as logistics, tourism or infrastructure. ”

Furthermore, the parliamentarians advised making public and private blockchain patterns “in order to favor secondary markets for goods and services that lower costs, increase productivity and encourage the creation of specialized employment.”

Finally, the suggestion as well encourages that the government promote training for developers “in order to improve their implementation as much as possible.”

In spite of the support for blockchain innovation technology use, the suggestion did not outline any certain designs or a time scale on how to in fact start these plans.

The post Spain’s Ruling Authorities Believe That Blockchain Must Be Used In Governance appeared first on Bitcoin News.



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