Blockchain know-how, which emerged in 2008 in parallel with the bitcoin cryptocurrency out of an assemblage of pre-existing applied sciences, is now set to rework authorities operations and providers via the distinctive means by which it fills belief gaps or replaces conventional belief anchors between transacting events to allow advanced types of inter-personal and organizational belief, coordination and collaboration which might be driving financial and social worth. The general public sector has develop into a principal space of software, through which governments and different actors have introduced a whole lot of use instances all all over the world. Digital foreign money/funds, land registration, identification administration, notarization, provide chain traceability, healthcare, training, company registration, knowledge administration, auditing, power market, taxation, voting, and authorized entities administration are some areas the place blockchain is at present being examined for public providers.
However this widespread curiosity and the alternatives for digital transformation that blockchain know-how presents, the precise implementation of blockchain know-how within the public sector has remained restricted. Earlier research have highlighted a number of adoption limitations resembling 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 techniques 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 features 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 techniques 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 primary worth proposition public sector digital transformation of blockchain and distributed ledger techniques;
- 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.