Blockchain in the public sector
With the Elrond blockchain, administrative processes can be digitized, streamlined and significantly accelerated. Optimal data protection ensures trust among citizens. The technology is particularly useful for public registers.
Blockchain and E-Governance
In Germany alone, there are more than 200 registers located in authorities and federal levels.
But: Centralized instances are vulnerable to identity theft and data breaches. With a blockchain-based registry system, data storage and communication becomes secure, effective and tamper-free.
Citizens can view their data and documents online and update them with just a few clicks of the mouse without going through the official channels.
A smart e-government blockchain makes an important contribution to strengthening people’s digital sovereignty.
Blockchain and proof of identity
Blockchain technology helps to verify the identity of individuals. Passports, ID cards or driver’s licenses can be issued and updated more easily. Data cannot be changed and is forgery-proof.
Tampering with personal documents, such as diplomas, is a thing of the past with the Elrond blockchain. The documents can be retrieved worldwide with a personal key, without notarization and costly shipping of the originals.
Even marriages can be concluded via smart contract – just like sales contracts, land register entries, notarizations, inheritances and much more: forgery-proof, transparent and super-fast.
The Elrond blockchain for the public sector
The potential applications of the Elrond blockchain for public authorities, universities and public sector institutions are as diverse as they are visionary. You too can rely on the technology of tomorrow.
Blockchain and elections
Blockchain technology is predestined for holding elections, citizen surveys and referendums. It is anonymous and fail-safe and tamper-proof.
Citizens can track their votes transparently. Double counting and vote fraud are a thing of the past. Votes can be cast conveniently from home, with a positive effect on voter turnout.
Particularly in high-risk areas, this is a valuable contribution to ensuring free elections and democratization.
Blockchain and taxes
Tax law in Germany is among the most complicated in the world.
With the help of smart contracts and the Elrond blockchain, tax-relevant processes such as the digitization of accounting, the submission of tax returns and tax refunds can be simplified and made more transparent.
Processing errors are avoided, administrative costs are reduced, and convenience for taxpayers increases.
Blockchain and smart cities
Traffic in cities is constantly increasing. With dramatic consequences for infrastructure and quality of life.
With the help of the Internet of Things, automated processes, and predictive analytics, the Elrond blockchain is helping to overcome the associated challenges – e.g., optimizing traffic flow or controlling decentralized energy systems in public spaces.
Blockchain, donations, NGOs
Negative headlines about organizations not managing funds or donations properly are common.
With the Elrond blockchain, financial transactions can be tracked in detail.
Donors have certainty about where their funds are going and what their money is actually being used for.
Blockchain and public safety
With the Elrond blockchain, identity data can be stored securely and identity matching can be performed beyond doubt.
At the airport, for example, scanning a passport retrieves a person’s digital identity from the blockchain. AI systems match the data with camera images taken of the traveler at the counter. If there is a match, the person can board their flight.
Advantages: Reduced staffing requirements, increased security, and greater convenience through faster check-ins.
More about the Elrond blockchain
The Elrond blockchain will revolutionize the public sector. We show you why!
Elrond is a high-performance blockchain technology based on the proof-of-stake consensus mechanism. It was developed to eliminate vulnerabilities of other blockchains. Actually, we claim that Elrond is the best blockchain technology in the world.
Would you like to learn more about the potential of the Elrond blockchain for your company? Our experts will be happy to advise you. Free of charge and without obligation.
Advantages of the Elrond blockchain
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