Market Cap
24h Vol
10071
Cryptocurrencies
58.26%
Bitcoin Share

Government Efficiency Can Be Vastly Improved by Crypto and Blockchain: Coinbase

Government Efficiency Can Be Vastly Improved by Crypto and Blockchain: Coinbase


The Defiant
2025-04-03 08:46:18

Government efficiency can be modernized and improved by the use of crypto and blockchain technology. That’s the thrust of a new Coinbase blog post looking at ways to make governments more effective while reducing waste. Coming as the Department of Government Efficiency runs through agencies chasing down waste, blockchain technology and cryptocurrencies are ripe for expansion into federal, state and municipal government systems, according to the post. Public records management is one of the “most promising” areas in which blockchain can change government for the better, streamlining transactions and keeping records on a transparent but secure and immutable blockchain. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io


Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.