Blockchain expertise, which emerged in 2008 in parallel with the bitcoin cryptocurrency out of an assemblage of pre-existing applied sciences, is now set to remodel authorities operations and companies by way of the distinctive means by which it fills belief gaps or replaces conventional belief anchors between transacting events to allow complicated types of inter-personal and organizational belief, coordination and collaboration which can be driving financial and social worth. The general public sector has change into a principal space of software, wherein governments and different actors have introduced a whole bunch of use circumstances all all over the world. Digital foreign money/funds, land registration, identification administration, notarization, provide chain traceability, healthcare, schooling, company registration, information administration, auditing, vitality market, taxation, voting, and authorized entities administration are some areas the place blockchain is at the moment being examined for public companies.
However this widespread curiosity and the alternatives for digital transformation that blockchain expertise presents, the precise implementation of blockchain expertise within the public sector has remained restricted. Earlier research have highlighted a number of adoption limitations akin to lack of regulation, safety, and privateness considerations, inadequate and lack of interoperable infrastructure, lack of expertise about operational prices, inefficient and energy-costly transactions, the necessity for value-driven transitions in administrative processes, and the absence of efficient governance fashions. A key problem for blockchain and distributed ledger methods adoption in public sector digital transformation initiatives is consider the applying and adoption of blockchain and DLT holistically to keep away from misalignment among the many social, info and technical facets of blockchains and DLTs.
To handle this problem, as a part of the GovTech Talks Collection, this webinar will current and talk about the applying of a novel high-level conceptual mannequin (“The Three-Layer Mannequin”) and accompanying question-led framework for the design and implementation of blockchain and distributed ledger methods illustrating how the framework can be utilized to enhance the design of blockchain options and overcome limitations to adoption.
WHAT WE WILL LEARN
- Perceive the principle worth proposition public sector digital transformation of blockchain and distributed ledger methods;
- Clarify the “layers” of the “Three-Layer” conceptual mannequin, the interactions among the many layers and the way they relate to the question-led design framework accompanying the mannequin;
- Perceive how the question-led design framework might be utilized to assist overcome adoption limitations within the design and implementation of public sector digital transformation initiatives involving blockchain and DLTs.