Vitalik Buterin seems to have developed a strong interest in technologies that are intergrating blockchain in existing local government system,ousting traditional ways of record saving authentication and transacting.
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In a recent publication dubbed "Crypto Cities", the Ethereum co-founder threw his two cents on how he thinks blockchain is set to revolutionalize existing government proceses.
" Obviously there are a lot of things that cities could do in principle",he says "But my primary specialty is blockchain and this post is about blockchain so lets focus on blockchains".
According to Buterin, there are two distinct categories of blockchain that could transform modern adminstrations.
1. Using blockchains to create more trusted, tranparent,and verifiable versions of existing processes.
2. Using blockchain to create and experimental forms of ownership for land and other scarce assets, as well as new and experimental forms of demonstratic governance.
He asserts that blockchain perfectly fits in these categories since it can be used to publicly and securely verify information as well as build more utility applications.
" Any application built on blockchain can immediately plug in to and interface with other application in the entire global blockchain ecosystem", he says.
Proceses that blockchain could make more trusted
Voting
Whereas data stored on paper is prone to alteration, theft, or destruction,blockchain-based system are efficient given their decentralised nature.
He for instance notes that when existing voting software is built on the blockchain,citizens can easily access "high-volume real-time feedback on hundreds or thousands of different issues" as well as vote on-chain.
Secure payments
Vitalik also pushes for the idea of having a whitelisted internal-use- only stablecoin for tracking internal government payments. This will enhanc taxation intergrity,procurements processes, and the payment of salaries. He also notes that transfers between departments could be done "in the clear".
" This system could easily be extended. For example, procurement processes for choosing which bidder wins a government contract could largely be done on-chain",
Storing public information
Blockchain could also enhance the verification of cryptographic proofs on-chain such as government-issued certificates in curbing fraud and corruption.
Government registries including courts could also use blockchain in storing various asset documents. These include land title deeds, payment receipts as well as other complicated proof of ownership documents such as copyright certificates.
Summing-up
Whereas Buterin is hopeful that more cities and goverments will tap into the unlocked potential of blockchain, various governments have already expressed interest in intergrating blockchain technologies
These include Miami's Mayor Francis Suarez who is currently pursuing strategies that would attract blockchain startups in the city. Wyoming also has a DAO- friendly legal environment while countries such as Colorado are already piloting a quadratic voting platform which could soon see citizens vote on-chain.
Currently, Ethereum runs the Verifiable Delay Function (VDF), a function that verifies and computes medium-large quantity data and should be adopted by governments,according to Buterin.source