Data Security Emerges as Top Government Application for Blockchain

With the growing need for secure data management and increased demand for transparency, the public sector is a natural test bed for blockchain solutions. By definition, Blockchain is a specific type of database that differs from a typical database in the way it stores information, in blocks that are then chained together.

On a government level there are numerous potential applications for blockchain including but not limited to transferable licenses, land rights, tracking complex grant programs, and food safety.

Part of the difficulty for government agencies is to identify areas that could best benefit from blockchain while having the lowest barriers to entry.

By nature, blockchain presents a more complex attack surface for bad actors, disseminating risk and limiting the likelihood of a single hack taking down a set of records.

An important consideration for government agencies exploring blockchain will be how well the infrastructure can handle transaction volume.

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