Can blockchain technology be used as a tool to tackle corruption in Greece?

February 17, 2023

In today’s digital age, it is imperative that governments and public institutions around the world undergo digital transformation, utilizing new technologies and data to develop innovative and efficient public policies. One such technology with a wide range of potential applications is blockchain, which offers the promise of more transparent and accountable processes and the ability to combat corruption.

According to the OECD, blockchain technology is a distributed ledger that records, stores, and provides access to digital transactions without the need for a central authority. Each new record in the blockchain is connected to the previous one using cryptographic methods, making blockchain records immutable.

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