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Corruption News

Corruption is the process of using political power in order to gain personal benefit. Corruption is one of the main problems of today’s world, emerging in an absolute majority of countries and leading to hard consequences for the population. The biggest problem of it is the prevention of development caused by corruption in developing countries. The question of how to end corruption is crucially important for the future development of most nations. Solutions for corruption may be found in political, economic and technological measures. Blockchain technology may become a solution of corruption by being implemented in budget control and voting processes. Blockchain corruption-preventing measures are easier to maintain in developed countries but are possible for developing countries with the help of blockchain-based companies and support of the U.N.
News
Ministry of Foreign Affairs of Denmark has released a report analyzing the use of blockchain in the fight against corruption.
Denmark proposes use of blockchain in fight against corruption
Mohammad Musharraf
2020-09-03T16:02:00+01:00
4511
News
Kazakhstan’s digital tenge has the potential to provide “full transparency in movement of budgetary funds,” chairman at local anti-corruption service says.
Kazakhstan Needs National Crypto to Fight Corruption, Says Local Official
Helen Partz
2020-07-21T19:36:00+01:00
3332
Expert Take
A new World Economic Forum study has revealed how blockchain technology can be used to prevent corruption in public procurement.
World Economic Forum Suggests Fighting Corruption With Blockchain Tech
Ashley Lannquist
2020-06-17T17:19:00+01:00
4185
News
The World Economic Forum looks at blockchain as a solution against foul play in government processes.
WEF Hopes to Stamp Out Corruption With Colombian Blockchain Trial
Benjamin Pirus
2020-06-17T13:00:00+01:00
2344
News
Ukrainian officials are urged to disclose their cryptocurrency holdings as one of the national anti-corruption agencies publishes a manual on how to report cryp...
Ukraine's Officials Will Need to Report Crypto as ‘Intangible Assets'
Andrey Shevchenko
2020-03-04T10:49:00+00:00
1894
News
An administrator of the Philippines’ crypto regulator reportedly receives an illegitimate income of $98,000 each week from gambling and cryptocurrency companies...
Philippine Cryptocurrency Regulator Accused of Misappropriating Millions
Samuel Haig
2020-02-28T10:29:00+00:00
4137
News
A subsidiary of Overstock.com has reached an agreement to help Liberia digitize government services.
Overstock Subsidiary to Help Liberia Digitize Services, Boost Economy with Blockchain
Thomas Simms
2019-06-10T15:19:00+01:00
2890
News
Software company Autodesk CEO said that blockchain can help combat corruption in the construction industry.
Autodesk CEO: Blockchain Can Stem Corruption in Construction Industry
Ana Alexandre
2018-11-19T23:14:00+00:00
9097

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