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5 ways blockchain could help tackle government corruption

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Highen Fintech
5 ways blockchain could help tackle government corruption

4 ways blockchain ensures freedom from corrupt governments and crony capitalists.

Blockchain is about cryptocurrency and bitcoin. Isn’t it? Yes. It is. However, that isn’t all of it. This post will uncover another side of blockchain.

The Blockchain Technology has the capability to guarantee natural law of justice. It can secure every citizen of the world from crony capitalism and corruption.

The Blockchain development can ensure freedom to every citizen of the world from dictatorships.

Here’s how Blockchain guarantees complete freedom to our fellow citizens worldwide.


  1. Decentralization of Land records -  Blockchain is a Decentralized public database or a ledger. This decentralization can help distribute land registry records to many computers all over the country or the world.
  2. Decentralization of your identity - Second, imagine if we had a decentralized identity based on our biometric data. No regime or dictator can ever take away our biometric identity.
  3. Decentralization of Money Transfer - Thirdly, the world is crippled with cuts and conversion rates. The money market is a nexus that is filled with intermediaries.

Their job is to help citizens abroad send money (mostly to their family members back home). In process of doing this, intermediaries charge substantial amounts of money as transfer charges and conversion rates.

  1. Decentralization of Data - Just search for a flight from New York to Miami. In less than 3 days your Instagram, your Amazon, Google, and Facebook account will be filled with flight recommendations. Today netizens feel that someone is listening to their conversations.


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