Blockchain in Record Management and Public Administration

Gianmarco Cifaldi
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Gianmarco Cifaldi: University “G. d'Annunzio” of Chieti-Pescara, Chieti, Italy

Sociology and Social Work Review, 2022, vol. 6, issue 1, 25-31

Abstract: A good comprehension of the blockchain technology is very important for stakeholders and employees in governments as it facilitate their decisions and helps in accomplishing objectives. The technology is often seen as a fault-tolerant and indestructible system that can be successfully used as the basis for digital transactions in various areas. Blockchain is a distributed database that stores information about all transactions of system participants in the form of a chain of blocks (thus the name Blockchain). All users of the blockchain have access to the registry, acting as a collective notary who confirms the truthfulness of the information in the database. Blockchain can be used for financial transactions, user identification, creation of cybersecurity technologies, etc. Apparently, the strongest advantage of blockchain technology in public administration and record storage is the ability to store data permanently and, in a tamper-evident manner. In fact, it is extremely hard to tamper the data stored in data services based on blockchain technology due to its decentralization and cryptography. The article aims at revealing the potential applications of the blockchain technology and highlighting the challenges and possible directions of blockchain research in the public and private sector.

Keywords: blockchain; public administration; record management; public records; blockchain application. (search for similar items in EconPapers)
JEL-codes: M10 M15 O30 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:edr:sswrgl:v:6:y:2022:i:1:p:25-31

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