Why Prefer Blockchain Development for Government?
Blockchain is a decentralized technology that allow government and public sector to share content, resources, license intellectual properties and protect them with unhackable encryption. With blockchain, governmental departments and users can connect with each other directly and get access to any crucial information without any third-party intervention that traditionally levies an extra charge. Blockchain helps governmental agencies to retrieve any information quickly, open credit accounts instantly with appropriate authorizations, etc. Maintaining assets, records and securing digital identities are some of the benefits of using blockchain by governments.
Business Models for Blockchain in Government
Types of Blockchain
Services that We Provide for Blockchain in Government?
Safeguard all government official’s identity especially for those in law & order
Streamline governmental records and smooth cross domain file transfers
Enhances multinational information authenticating and sharing
Make cross border payments privately with cryptos and maintain confidentiality
Develop and manage health record of citizens in a structured manner
Speed up the process of legalizing and licensing of lands and private properties
Enhance General data protection regulations (GDPR) with blockchain
Provide government loan providers with the authority to track loan payments
Ensure that all governmental operations are transparent
Benefits of Hiring SoluLab for Blockchain in Government
Technology and Tools We Use
Enables developers to build and deploy decentralized applications
A shared ledger that utilizes cryptography and supports smart contracts
A statically-typed programming language designed for developing smart contracts
Act as a developer environment and testing framework for blockchain technology
Open source blockchain designed specifically to meet the demands of modern day businesses
Provides one frictionless experience for sending and receiving money globally
Platform that addresses specific challenges to blockchain technology adoption within the financial industry and beyond