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November 15, 2025

Is it crucial for governments to support the development of blockchain technologies for transparency?




Total votes: 6

Comments

  1. HappyEagle7
    142.5

    Government support for the development of blockchain technologies can make transparency tools more widely usable, but it isn’t essential because strong private-sector innovation can still push the …Read MoreGovernment support for the development of blockchain technologies can make transparency tools more widely usable, but it isn’t essential because strong private-sector innovation can still push the technology forward even without heavy government backing. Read Less

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  2. VibrantFish9
    147

    I have not really heard about blockchain technologies until today. So, based on what I was able to find, I do think that they can be incredible helpful for fostering government transparency, but I do …Read MoreI have not really heard about blockchain technologies until today. So, based on what I was able to find, I do think that they can be incredible helpful for fostering government transparency, but I do not think that it is crucial that these technologies are used because transparency can still be achieved through other methods (like clear reporting requirement or public-facing audits). Governments should simply pick the method that works best for them and ensures their government’s transparency. Read Less

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  3. SincereCow6
    89

    I am not fully familiar with this field, but I still question what kind of transparency governments can realistically secure through blockchain beyond what already exists. Blockchain certainly …Read MoreI am not fully familiar with this field, but I still question what kind of transparency governments can realistically secure through blockchain beyond what already exists. Blockchain certainly provides stronger security and traceability, yet I am unsure whether government-led development is the most efficient pathway. Market-driven development tends to move faster, especially in technology sectors where innovation is competitive and decentralized. If the goal is to enhance transparency, it may be more effective for governments to create regulatory frameworks and adopt the most reliable market-developed systems rather than directly leading the technological development themselves. Read Less

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