The project seeks to pioneer decentralized, smart-contract based governance and help to overcome barriers posed by borders and regulations. Huge amounts of money are being poured into attempting to resolve institutionalized flaws within government service delivery.
As recently as November 2017, the government of the UK committed £20 mln (approximately $27 mln in the US). Just as fintech has emerged as one of the fastest growing modern industrial sectors, it appears that ‘GovTech’ may join it in prosperity soon.
Key services which the UK’s initiative is claimed to potentially tackle, via the country’s official municipal website, are “reducing traffic jams, freeing up teachers’ time and improving the experience of patients visiting their GP.” There are logistical issues which are not sufficiently tackled by governments the world over. Furthermore, these appear to be issues which can simply be solved through improved processes: as such, their improvement via technology is a logical next step when considering the role of automation in industrial growth.
The fact that nation state governments cling to their authority to control these processes despite their inability to provide the best services possible exposes a significant flaw in the existing system. If others can provide a better service then perhaps it’s time that we removed this obsolete middle-man altogether – and the wasted expenses for which the public foots the bill.
In this light: many citizens feel disenfranchised by the ordinance structures which their lives are governed by at present. One reason for this could be representation by a candidate they do not have faith at the national/international political level. Read more from cointelegraph.com…
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