The Role of Blockchain in Enhancing Governance Transparency and Accountability
Abstract
This study explores the potential of blockchain technology to transform governance practices by improving transparency, accountability, and trust. Blockchain’s immutable and decentralized ledger offers a robust mechanism to record transactions, monitor public expenditures, and ensure regulatory compliance. The research highlights case studies from governments and organizations leveraging blockchain for transparent electoral processes, supply chain tracking, and anti-corruption initiatives. Challenges such as scalability, regulatory hurdles, and public acceptance are also discussed, offering a comprehensive framework for integrating blockchain into governance.
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Published
2024-10-13
How to Cite
Rena D. Garcia 1& Ronnie L. Eisenberg2. (2024). The Role of Blockchain in Enhancing Governance Transparency and Accountability. Legfin Multidisciplinary Research Journal, 14(4). Retrieved from https://luy.us/index.php/leg/article/view/228
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