A Survey on Blockchain Technology with Use-cases in Governance

Abstract

Blockchain is a distributed ledger technology which provides a way to afford more transparency to our everyday systems by exposing all the interactions of the system as a bunch of transactions. Efficient and Effective Governance – this is the need of the day for any country or organization. This not only solves the current problems but also sets a clear path towards progress and development. Unfortunately, this might not be the case always. Progressive countries are always on the hunt to find technological solutions to their everyday problems. This paper discusses how Blockchain Technology might be able to tackle these problems and push the systems in the right direction. We discuss four problem use cases – intergovernmental trade, land registration, voting and Dubai smart city, and present how blockchain is working towards the problems surrounding them. Finally we look at some problems from the Indian perspective that could be addressed using the Distributed Ledger technology.

Keywords: Blockchain, Decentralization, Distributed Ledger, Smart Contracts