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Blockchain Applications in Governance: A Comprehensive Study

2023 · International Journal of Emerging Trends in Multidisciplinary Research · 0 citations

TL;DR

This work offers a comprehensive framework of the policymaker and system architect and researcher aiming to operationalize blockchain in a public-sector setting by nexus-linking technical design with institutional governance requirements.

Abstract

The concept of blockchain technology has become a key technology that can change the structure of governance by facilitating transparency, decentralization, immutability, and a lack of trust. The global gender of governments has had a continuous challenge in terms of corruption, inefficiency, data silos, inability to be audited, and low rates of citizen trust. Conventional e-governance systems, though digitalized, are mostly centralized and prone to manipulation as well as vulnerable to single points of failure and secretive ways of decision making. The paradigm brought by blockchain includes distributed ledger, cryptography and smart contract programmability, which may bring a fundamental change in policy making and institutional responsibility. The paper provides an overall discussion of blockchain applications in governance, its architecture, application in governance, methodologies, and quantifiable benefits. It is a systematic study on how blockchain-enabled governance is applied in major areas such as management of digital identity, public records, land registries, voting, public procurement, welfare distribution, and regulatory compliance. It compares the suitability of permissioned and hybrid blockchain systems with governmental privacy, scale, and legal standards. It suggests a systematic approach that can be used to integrate blockchain infrastructures with the current government IT ecosystems through layered architectures, smart contract governance, and interoperability designs. The empirical and comparative analyses are applied to performance measures of transaction throughput, audit latency, and reduction of fraud as well as efficiency of service delivery. The findings prove that blockchain-based governance structures have tremendous benefits in terms of transparency, mediator decrease, data integrity, and trust by citizens, and introduce new challenges, including scalability, legal enforceability, and complexity of operation. The paper later wraps up by laying out a governance-focused blockchain implementation plan, important success factors, risk management approaches as well as prospective research topic. This work offers a comprehensive framework of the policymaker and system architect and researcher aiming to operationalize blockchain in a public-sector setting by nexus-linking technical design with institutional governance requirements.

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