Tag Archives: corruption

[ad_2][ad_1] 17 Dec 2018 11: 58 & nbspUTC | updated: December 17, 2018 at 11: 58 & nbspUTC Of& nbspSwati Kishore Africa is making great strides in the adoption of the emerging Blockchain technology to simplify operations and subsequently eliminate corruption. To begin with, the Government of the African nation …

[ad_2][ad_1] December 16, 2018 17:20 // News The president of Tanzania, East Africa, John Pombe Magufuli is one of the world leaders who tries to fight corruption from all government institutions. He made a surprise visit to the Ministry of Finance on the first day he took the oath as …

[ad_2][ad_1] December 14, 2018 at 3:16 pm // News Yulia Tymoshenko, former Ukrainian prime minister and presidential presidential candidate in the elections next year, has suggested a persuasive way to help win corruption in the country. According to his point of view, blockchain technology is the perfect candidate for this …

[ad_2][ad_1] The prospects offered by blockchain are revolutionary. The most important features it provides are decentralization, reliability, immutability and transparency. So can it be used for other purposes besides creating cryptographic coins? The answer … of course. When used correctly, this technology can solve many problems in various areas beyond …

[ad_2][ad_1] Former Ukrainian Prime Minister Yulia Tymoshenko, who is currently conducting a presidential campaign for the March 2019 elections, wants to fight corruption using blockchain, according to a recent Facebook post on Sunday 9 December. Tymoshenko dedicated his task to the International Anti-Corruption Day, stating that modern Ukraine is plunged …

[ad_2][ad_1] A poll by the World Economic Forum reports that the total cost of corruption around the world amounts to about 5% of global GDP, almost $ 2.6 trillion. It is like the entire annual nominal GDP of the United Kingdom, the fifth largest economy in the world, completely lost …

[ad_2][ad_1] The American software company Autodesk CEO Andrew Anagnost said that blockchain could fight corruption in the construction, finance and investment sectors, the Australian Financial Review reported on 19 November. Founded in 1982, Autodesk produces software for construction, architecture, media and the entertainment industry. In 2018, company revenues were $ …

[ad_2][ad_1] of Seamus Byrne The CEO of global design software giant Autodesk has claimed to believe that the introduction of blockchain technologies will represent a significant opportunity to curb corruption in the construction industry and reduce the lack of trust among operators in the sector. Speaking at a panel discussion …

[ad_2][ad_1] As the blockchain technology continues to gain prominence in the fintech industry, many industry players believe that technology could be crucial in fighting corruption in the public sector. Every year, SA loses billions of rands due to corruption in public procurement. Blockchain, or the distributed accounting system, gave rise …

[ad_2][ad_1] Corruption undermines our development agenda. It cleans up necessary resources outside key departments and providing essential services. Its effect could further exacerbate inequality and erode public confidence in both governments and elected leaders to serve us. As highlighted in the Sustainable Development Goals (SDGs), there is an explicit link …