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United Nations Urges The Use Of Blockchain Technology To Halt Corruption
Summary: The United Nations Office on Drugs and Crime East African region anti-corruption advisor, David Robinson, urged countries like Kenya to embrace blockchain technology in an effort to battle corruption in a recent statement. He stated that when corruption represents a breach of trust, a technology that strengthens trust becomes a solution in public projects. He ...
The United Nations Office on Drugs and Crime East African region anti-corruption advisor, David Robinson, urged countries like Kenya to embrace blockchain technology in an effort to battle corruption in a recent statement.
He stated that when corruption represents a breach of trust, a technology that strengthens trust becomes a solution in public projects. He added that blockchain would make it easier for officials to track economic crimes and build public trust in government bodies.
The United Nations' statement cited experts who say blockchain reduces illicit financial flows, strengthens the recovery and return of stolen assets and substantially reduces bribery and corruption.
By Emily Mason
Tags: Blockchain,East Africa,Kenya,United Nations,United Nations Office On Drugs And Crime
Link: United Nations Urges The Use Of Blockchain Technology To Halt Corruption [Copy]