‘Blockchain can assist nations battle corruption’ United Nat…


‘Blockchain can assist nations battle corruption’
United Nations Office on Drugs and Crime (UNODC), consultant desires nations like Kenya to embrace blockchain innovation which would then make it much easier for the country to trace federal government corruption and other financial criminal activities. Numerous have actually argued that blockchain innovation, which enables an immutable path of deals can particularly recognize illegal activities or impropriety. “In truth back in 2016, then anti-graft chief of Kenya, stated in a report that Kenya was losing a 3rd of its state budget plan– the equivalent of about$6 billion– to corruption every year, and that the absence of innovation made it hard to deal with the issue.


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