[ad_1]
The government departments of the country manage thousands of databases. Our private information is very much. Governments do not have an enviable track record in keeping private information, let alone updates. Yes, governments are looking for new ways to innovate. However, stories of violations and mistakes are making more and more news here and abroad.
The lack of a central and reliable repository means that some databases are updated while others are not, and that government processes can be allowed to become slow and tedious.
From one side of the government, from births, deaths and weddings to alleys, from the Immigration Department to the Australian Tax Office, time is wasted to search for information and reconcile incomplete data sets . These inefficient processes are expensive both for the state and for individuals and businesses who rely on such information to be precise and readily available.
To address the problem of widely dispersed and incomplete databases, the Australian government is introducing Govpass. In the next year, eight high-volume government services will pilot the digital identity system. It will involve more than 500,000 Australians. Once all is done, it will be safer and easier than ever for Australians to prove who they are when they are dealing with the government.
A key component of the Govpass system will be blockchain technology. The advantages of blockchain in this situation are manifold. All government weapons will be able to eliminate their databases and will be able to access and update a single identity database shared by everyone. This will drastically reduce the armies of civil servants who are often required to control what can be managed more efficiently and competently by technology.
The application of Blockchain in the government could soon be used by IP Australia to manage patent registries and improve the notably illiquid patent market. Likewise, the blockchain has great potential for the management of land registry records, as was done in India. The Department of Agriculture and Water Resources is investigating the possibility of using a $ 16 billion blockchain water trading platform in the Australian water market.
The common theme of all cases of civic use of blockchain technology around the world is that they allow for a rationalization of the government and the removal of bureaucracy. The inherent reliability and immutability of Blockchain eliminates the need for an infinite number of bureaucratic intermediaries that manage an infinite number of incomplete databases. The potential savings in public spending are enormous.
As liberals, we are inexorably determined to make the government not only smaller but smarter. Where we see an opportunity to make the government smaller, faster and more efficient, we must take it. Blockchain is an opportunity to do just that.
Senator Jane Hume is a liberal senator for Victoria and co-co-director of blockchain MPs.
