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Gov Chain

Gov Chain

Using blockchain to manage resource on the government

Avatar for Augusto Monteiro

Augusto Monteiro

November 17, 2017

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Transcript

  1. Why use BlockChain? BlockChain enable us to ensure that the

    resource will be delivered to the department or city or secretary.
  2. Corruption One of the biggest problems in the government today

    is corruption, and it happens because normally we do not have audit and even when we do people find ways to cheat the audit,
  3. Blockchain. By using blockchain we have a unbreakable audit. If

    a department try to change a resource after it has been sent it will invalidate the resource and generate an alert
  4. On Brasil last year ($43 million) was stole from taxpayers'

    money THAT COULD COVER BASIC LIVING EXPENSES FOR 405,633 FAMILIES THERE. Source: forbes
  5. Vision That is only one of the pieces that can

    be audited. The vision for the system is: 1. manage every single piece of the government using blockchain to have a historical of everything that is happening. 2. Integrate with bakings to ensure that the right amount was transferred 3. Have transparency to the public 4. Use AI to understand how and where the resources should be applied