Strengthened Social Welfare Systems

Blockchain can ensure transparency in social welfare systems by securely and transparently tracking the distribution of benefits from government to recipients. Every transaction can be recorded on a blockchain ledger, making it easy to audit and ensure that assistance is reaching its intended recipients. This can reduce fraud and misallocation, making social welfare systems more efficient and trusted.

Blockchain can ensure transparency in social welfare systems by securely and transparently tracking the distribution of benefits from government to recipients. Every transaction can be recorded on a blockchain ledger, making it easy to audit and ensure that assistance is reaching its intended recipients. This can reduce fraud and misallocation, making social welfare systems more efficient and trusted.

Empowered by Artificial Intelligence and the women in tech community.
Like this article?

Interested in sharing your knowledge ?

Learn more about how to contribute.