As narratives about corruption in Ukraine evolve, the Ministry of Digital Transformation hopes blockchain might clear up that drawback.
Whereas Ukraine nonetheless ranked the second most corrupt nation in Europe, after Russia, it’s now exploring new methods to battle corruption for worry of shedding assist from the West.
The top of the digital belongings professional group on the Ministry of Digital Transformation of Ukraine, Yulia Parkhomenko, spoke on the panel dialogue held by the Heart for Strategic & Worldwide Research. She stated the ministry sees new prospects in blockchain know-how in making the Ukrainian authorities extra clear.
She significantly famous that blockchain can “reliably shield” state ledgers from unauthorized entry, improve their transparency, and “scale back corruption in state entities that oversee them.”
“Alongside specialists, we’re exploring worldwide expertise of utilizing blockchain on a state degree and develop our personal technique to implement web3 applied sciences in Ukraine.”
Yulia Parkhomenko, Ministry of Digital Transformation of Ukraine
As Russia continues its offensive in opposition to Ukraine, Parkhomenko identified the nation is already utilizing blockchain know-how in “documenting Russian battle crimes” with the assistance of Dokaz.
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This undertaking helps prosecutors safe weak digital data. The product was developed by Starling Lab and supported by the FTX Basis and the Filecoin Basis.
Ukraine just isn’t the primary nation looking for a silver bullet resolution to this drawback.
As crypto.information reported, Puerto Rico’s lawmakers had been additionally eyeing distributed ledgers in late 2021, attempting to convey extra accountability and transparency to the general public sector. It’s unclear if the federal government has made any progress since then, provided that in August 2022 the FBI arrested Wanda Vázquez, a former governor of Puerto Rico, on expenses of accepting bribes from a marketing campaign donor whereas in workplace.
Learn extra: WEF article highlights how blockchain might assist deal with corruption