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Governments and Blockchain: Big Opportunity, but Go-Slow Adoption
Widespread interest in Blockchain has spread across most industries. Governments have also shown interest in the technology.
Gartner reports that two-thirds of governments have reported interest in adopting blockchain. But while the interest is there, governments have been go-slow and deliberate in how they have approached it. Only two percent of governments are now using blockchain.
That pace is expected to pick up some. There are a number of use cases for the use of blockchain in government that are outlined in an article by Gartner analyst David Furlonger:
Voting – Strong interest in blockchain-based elections, but issues around voter authentication, fraud and intimidation have held back its use.
Digital Asset Management – Use blockchain to track ownership in areas like healthcare, insurance, fishing, and utilities.
Record-keeping – Use blockchain to manage records. Vermont and Delaware have already begun using blockchain organized government records.
Complex data – Blockchain can be used to manage data used for medical records, intellectual property, and real property records.
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