Blockchain based civil status office

Blockchain applications go far beyond cryptocurrency and bitcoin. With its ability to create more transparency and fairness while also saving businesses time and money, the technology is impacting a variety of sectors in ways that range from how contracts are enforced to making government work more efficiently. We've rounded up 34 examples of real-world blockchain use cases for this pragmatic yet revolutionary technology. It's far from an exhaustive list, but they're already changing how we do business.

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Content:

• Why blockchain works for records management
• Blockchain and biometrics leveraged for digital birth certificate in Brazil
• Diem (digital currency)
• How could blockchain power government services and uplift citizen voices?
• Build a custom email digest by following topics, people, and firms published on JD Supra.
• Blockchain Explained
• Cryptocurrency and tax
• Banking Is Only The Beginning: 58 Big Industries Blockchain Could Transform

WATCH RELATED VIDEO: Blockchain Expert Explains One Concept in 5 Levels of Difficulty - WIRED

Why blockchain works for records management

By Cecil CJ John. Records management is one of four blockchain business initiatives that can save money and provide generate revenue, according to Gartner. The technology has the potential to impact all records management processes and extend their capabilities. It also has broad implications for securing and authenticating intellectual property at a lower cost and higher efficiency. This article is not a primer on the blockchain; however, I will outline some of the specific challenges with records management for government and how the distributed ledger technology can provide a solution.

Protecting government records is a massive and complex undertaking. In , when the Office of Personnel Management discovered its databases had been breached, officials revealed that hackers obtained personally identifiable information -- including Social Security numbers, fingerprints, employment history and financial data -- for about 22 million individuals.

Government records need to be secure while ensuring that parties to a transaction have maximum privacy and confidentiality and can access data solely on a need-to-know basis.

But this is easier said than done. Centralized databases expose a single point of failure and are prone to costly security breaches.

Reconciling multiparty transactions across individual and private ledgers is slow and expensive and often results in unreliable and inconsistent data.

Digital signature technologies come at a high cost, and the certificates are difficult to acquire. Additionally, there's also uncertainty around the impartiality of third-party providers. Besides technology hurdles, the significant growth of global cross-industry regulations over the past 10 years further complicates records management. Government records must be maintained to satisfy regulatory compliance, and organizations may need to demonstrate to auditors or litigators that there has been no negligent or malicious corruption of data.

Blockchain is used to create and store a cryptographic hash that serves as a data reference check against a record, its workflow and signatures. If any of the aforementioned is changed, the hash no longer works. Blockchain is appealing to auditors and litigators as it effectively certifies corrupt-free data.

Government blockchain systems should use private permissioned distributed ledger technology. It is ill-advised to use a public blockchain for storing personally identifiable information or even the corresponding hash. Data stored on the blockchain is forever accessible on an immutable public ledger, and the quantum computers on the horizon may be able to break today's encryption algorithms.

So the best practice is to store all private data off-chain and exchange it only over encrypted, private, peer-to-peer connections. Additionally, the public blockchain is permissionless, and it conducts its transactions pseudonymously, making the identities of the parties to the transaction difficult to establish and violating regulations that dictate the participants be identifiable.

With smart contracts , agencies can execute transactional elements of a legal agreement as software on the blockchain. The smart contract may need to be reconciled or synchronized with its corresponding digital contract records.

Contract professionals including lawyers and auditors may also soon need to be able to read and decipher smart contracts, if not learn how to write them. Blockchain-based records management architecture will ultimately be a next-generation, secure, transparent and regulatory compliant infrastructure, synchronizing the records, workflow processes and signatures for smart contracts and contract records for multiple parties to a transaction.

For a detailed introduction to blockchain technology, particularly as it relates to records management, please see this National Archives and Records Administration white paper. When you visit our website, we store cookies on your browser to collect information. The information collected might relate to you, your preferences or your device, and is mostly used to make the site work as you expect it to and to provide a more personalized web experience.

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You will still see some advertising, regardless of your selection. Because we do not track you across different devices, browsers and GEMG properties, your selection will take effect only on this browser, this device and this website. Skip to Content. About Subscribe Events. Records integrity through blockchain Blockchain is used to create and store a cryptographic hash that serves as a data reference check against a record, its workflow and signatures.

Smart contracts With smart contracts , agencies can execute transactional elements of a legal agreement as software on the blockchain.

This simple use case steps through how blockchain can be leveraged for records management. Ann uploads a contract record into a records management repository and generates a URL for the document. Ann digitally signs the contract using a blockchain application programming interface and generates a unique cryptographic hash for the document. Ann configures a workflow where she is the contract proposer and Bob is the reviewer. When Ann clicks save, a smart contract is created on the permissioned distributed ledger.

She includes the cryptographic hash and document URL as unique references. Bob receives an email with a link to review the contract and is prompted to accept or reject the contract proposal.

Bob accepts the proposal and is redirected to sign the contract record. After signing the contract record, the original smart contract is archived and a new fully executed contract is created on the distributed ledger with Ann and Bob having entered voluntarily into the contract.

The smart contract is now synchronized with the contract record, joined by a reference to the hash and the document URL. Share This:. This website uses cookies to enhance user experience and to analyze performance and traffic on our website.

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Blockchain and biometrics leveraged for digital birth certificate in Brazil

Cryptocurrencies are also known as virtual currencies or digital currencies. They are a form of digital token. There are many different types of cryptocurrency — Bitcoin, Tether, Ether and many others. They are created from code using an encrypted string of data blocks, known as a blockchain. Your tax responsibilities vary depending on your circumstances, but you need to keep records for all cryptocurrency transactions. If you have transacted with a foreign cryptocurrency exchange you may have tax responsibilities in another country.

Diem (digital currency)

However, the provisions of the European General Data Protection Regulation GDPR require data subjects to be able to control their personal data, be informed, and consent to its processing in an intelligible manner. The proposed platform also assists data controllers to meet GDPR requirements, such as informing data subjects in a transparent and unambiguous manner about the data they will manage, the processing purposes, and periods. The integrity of personal data processing consents and the immutable versioning control of them are protected by a blockchain infrastructure. Finally, the paper provides a prototype implementation of the proposed platform that supports the main consents management functionality. These data can be used to monitor users, create users profiles, evaluate certain personal aspects related to the data subject, i. It is evident that most of the users will not be able to cope with this vast amount of data, sufficiently understand the scope of the data collected and the different processing methods, and have control over their personal data in accordance with the requirements of the General Data Protection Regulation GDPR [ 4 ]. Even if GDPR compliance is secured, users should be aware of it. This will facilitate trust establishment among users, their IoT devices, and the corresponding services, which is considered as one of the success factors of the IoT. Users expect these devices to respect their privacy and keep data safe.

How could blockchain power government services and uplift citizen voices?

Get in touch, share your ideas, and discover how we can work together for a sustainable, just, and equitable future. The word blockchain often conjures up thoughts of cryptocurrencies, of people dabbling in a seemingly dark art, making tens of millions of dollars. Blockchain was first linked to the cryptocurrency Bitcoin, but it is a technology that can enrich the lives of billions of people, in countless ways. We believe it will have a huge impact in the developing world, helping uplift the poor and marginalised, aid in fighting corruption…and so much more. Our first venture into the world of social good is a collaboration project to build a land registry using blockchain technology for the city of Panchkula, in the state of Haryana, India.

Build a custom email digest by following topics, people, and firms published on JD Supra.

Official websites use. Share sensitive information only on official, secure websites. The Criminal Division has been a leader in the federal law enforcement response to cryptocurrency-related threats since such currencies first emerged. Over the past decade, cryptocurrencies have increasingly gained credibility and acceptance in the economy, and they are now widely used as means for transferring value. Attorney's Offices.

Blockchain Explained

Blockchain, which was originally created to enable peer-to-peer digital payment systems bitcoin , is considered to have several benefits for different sectors, such as the real estate one. In a standard European-wide real estate transaction, several intermediaries are involved. As a consequence, these agreements are usually time-consuming and involve extra difficulties to cross-border operations. As blockchain, combined with smart contracts, may have an important role in these transactions, this paper aims to explore its prospective challenges, limitations and opportunities in the real estate sector and discover how the traditional intermediaries have to face a possible implementation of this technology. This paper analyses the current intermediaries in the real estate sector in European Union EU , their functions and how can blockchain strengthen the security of these transactions while reducing their time.

Cryptocurrency and tax

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Banking Is Only The Beginning: 58 Big Industries Blockchain Could Transform

RELATED VIDEO: Clip: March 2021 Tomicah Tilleman on blockchain gov't, digital ID, UN SDGs at American University

Blockchain has been heralded as the most significant innovation since the Internet itself. It initially emerged as the backbone of bitcoin and is an incorruptible digital public ledger of transactions. Blockchain technology is a novel data structure that is secure, cryptography-based, and stores transactional records known as the block in databases known as chains distributed across a network through peer-to-peer nodes, allowing the transfer of digital goods. It works on the principles of transparency, decentralisation, accountability, and immutability. They find wide applications in Smart contracts, Supply chain management, Asset protection through an indisputable record of real-time ownership, Personal data management and Identification, Payment processing, Crowdfunding through cryptocurrencies, tracking drugs in pharmaceutical supply chains, verification of land records and certificates, etc. The potential of blockchain technology to enable remote voting is also being explored by the election commission.

The Blockchain Trust Accelerator BTA provided Bitfury with strategic support for the development of this project, including stakeholder coordination and communication outreach. The BTA is a leading global platform designed for harnessing Blockchain for social impact and governance. Established in , the BTA brings together governments, technologists, civil society organizations, and philanthropists to build Blockchain pilots that benefit society. Innovations: Technology, Governance, Globalization ; 12 : 72— Sign In or Create an Account.

Pilot rollout will trial blockchain technology to achieve greater interconnectivity between government departments, individuals, and organisations and will be supported by Bitso and IOVlabs. Gibraltar — 7th December — H. Government of Gibraltar has today announced that it will begin a process by which it will integrate blockchain technology into its legacy systems in order to streamline government processes.