Implementing blockchain technology to track and monitor government budgets, could increase transparency and accountability in how public funds are spent. The use of blockchain can make it easier for citizens to see how their tax dollars are being used and ensure that the funds are spent on the intended purposes. However, it is open to debate whether this should be recommended, as there may be concerns about the cost and practicality of implementing such a system.
The best argument for implementing blockchain technology to track government budgets is that it increases transparency and accountability, which can help build trust between citizens and the government. This can lead to increased citizen engagement, higher levels of civic participation, and ultimately a more efficient and effective government.
This content is created by the open source Your Priorities citizen engagement platform designed by the non profit Citizens Foundation