Governments worldwide are reaping the benefits of blockchain integration within a number of fields. As Dubai deploys blockchain as part of its smart city initiative, citizens of Georgia interact with the technology to register and transfer land titles. It takes three minutes to register a title, and the blockchain framework behind it enables security, longevity and transparency — qualities that go a long way in restoring people’s faith in their governments.
Elsewhere in the world, South Korea’s customs service employs blockchain for the import and export of goods. The United Kingdom has piloted the technology to track the origin and distribution of cattle meat. Switzerland has tested blockchain identification and voting systems. China alone has registered hundreds of blockchain projects, with $1.6 billion in governmental funds set aside for blockchain initiatives.
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