Puerto Rican government intends to use blockchain technology to fight corruption
The Speaker of the House of Representatives noted that the lawmakers plan to meet with the experts to create smart contracts
20.12.2021 - 08:45
330
1 min
0
What’s new? Puerto Rico's government has shown interest in using blockchain technology to fight corruption. House Speaker Rafael Hernández confirmed the information, Bloomberg reports. He noted that the lawmakers plan to meet with the blockchain experts to create smart contracts. At these meetings, the lawmakers will discuss and consider using blockchain technology for anti-corruption purposes.
Information on the Bloomberg website
What else did Hernández report? The Speaker of the House of Representatives spoke about blockchain and anti-corruption at the Blockchain Trade Association Conference. He said that the introduction of blockchain and smart contracts may bring more transparency and accountability to the public sector:
“We have a real credibility problem. And this might be part of the solution.”
How is blockchain used in other countries? The UN Drug and Crime Agency has previously advised the Kenyan government to use blockchain for anti-corruption purposes. David Robinson, the regional anti-corruption adviser at the UN’s Office on Drugs and Crime, said that the technologies like blockchain would help Kenya prevent the loss of billions to corruption and crime in the country.
Useful material?
Telegram 
Twitter Technologies
Network fees will be integrated into the cost of swaps
Nov 22, 2024
Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Cryptocurrency rates
-
Bitcoin
$98 784
BTC
+0.18%
-
Ethereum
$3 315.42
ETH
-1.78%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.47
XRP
+21.75%
-
Dogecoin
$0.413871
DOGE
+7.17%
-
Cardano
$1.02
ADA
+25.2%
-
Stellar XLM
$0.349254
XLM
+37.02%
-
Bitcoin Cash
$487.88
BCH
+0.46%
-
Polkadot
$6.48
DOT
+9.09%
-
Litecoin
$91.1
LTC
+1.99%