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BREAKING
Blockchain

100% Government Spending Should Happen on a Public Blockchain Legislature Software

Blockchain

Community Trust ScoreVerified

96%
Real
Verified24 votes
Updated 5 years ago

Blockchain provides a range of valuable qualities like being tamper-evident, which means any tampering done can be easily identified.  It provides permanent databases and record-keeping, which can help deal with government corruption.  This technology should also be paired with thoughtful legal frameworks and structures. It is true that blockchain alone cannot prevent crimes, but blockchain can provide for a unique role in preventing corruption.

Public procurement or government contracting is the biggest marketplace, which involves government spending and it is the biggest source of official corruption across the world.

Several factors contribute to government being the hot bed of corruption in high-income and low-income countries alike. The vendor selection processes is complex and opaque. Thus there is lot of human discretion.

This is one major reason for vulnerabilities, which lead to massive financial waste.  It also interferes with market prices, brings down reduce healthy competition, and also results in substandard goods and ineffective services.

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Someone said, government spending should happen on a public blockchain too.  Ideally the whole repo would be, instead of just text, working code on how each department worked, who made decisions and how money flowed will all be documented.

Wouldn’t it be amazing if the U.S. moved all of our laws into a Git repository, and normal people could review pull requests before laws were added or changed? Brilliant Idea.

Seriously, it is clear that software developers figured out how to do governance better than a 250 year old democracy.

Don’t call it a Git Process Call it “Blockchain Legislature” or something equally buzz wordy.

There was a “Madison Project” year’s back that aimed to have all legislation (and proposed) in a publicly accessible GIT-like revision control system.  Not sure what became of it.”

I had the very same idea 5 years ago and I even put our PL constitution on Github. The project never took off but it is still my dream to have something like that.

The smallest legal unit should have a uuid one could always refer to. Units should be immutable so it is only possible to replace them with new versions. Markdown with some additional links would do.

Democracies could be moved into a mix of Git and Wiki and probably the most beautiful authoring tool that I ever came across, but somehow undervalued?

That is actually a brilliant idea! Laws could be decentralized and everyone could participate in creating and changing laws better for everyone. However I think there’s a great chance that this can be misused as well.

This is however, Actually- something to consider.

 

 

 

 

Community Trust IndexHigh Confidence
96%
Real
Real96%4%Fake
24 community signals

Steven Anderson

Steven is a technology-focused writer with a strong interest in emerging digital trends and innovation. With experience spanning both travel and online projects, he brings a global perspective to his reporting and analysis. His work reflects a practical understanding of how technology, markets, and digital platforms intersect, offering readers clear insights into developments shaping the modern tech and crypto landscape.

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