How can blockchain help a government?

By using blockchain, governments can permanently store asset transactions such as land, property, and vehicles on a public ledger. The Georgian government’s land registry department, for instance, pioneered a land registry tool to track land ownership and real estate transactions within the country’s borders.

Can blockchain be used in the public sector?

Blockchain’s benefits—of security, efficiency, and speed—are readily applicable to public sector organizations, and the technology’s potential helps explain why so many government leaders are actively exploring its uses in government. Indeed, blockchain experiments in the public sector are accelerating globally. (See figure 1.)

Are government leaders using blockchain?

200 government leaders in 16 countries were interviewed about their experiences with blockchain. IBM Institute for Business Value research revealed that governments are finding many benefits. Blockchain for Business is a practical guide for government leaders who want to evaluate how blockchain technology can transform processes.