đ HOW AFRICAN COUNTRIES USE BLOCKCHAIN TO FIGHT CORRUPTION
Corruption has long hindered the development of several African countries. Lack of transparency, embezzlement of public funds, flaws in bidding processes. The problem runs deep. But an emerging technology acts as a disruptive tool: blockchain.
âïž Automatic Transparency With blockchain, every transaction is recorded immutably and is visible to all. This reduces manipulation and fraudulent alterations. A contract signed on a blockchain can be verified by any citizen or oversight body.
âïž Tracking Public Funds Countries like Ghana and Nigeria are already experimenting with the use of blockchain to track in real-time the use of public funds, expenditures on infrastructure projects, and the distribution of social aid.
âïž Public Bidding By integrating bidding procedures on a blockchain, governments ensure greater fairness and reduce dubious human interventions. No file can be modified or favored once submitted.
âïž Fighting Land Fraud Some African governments are using blockchain to register land titles. This helps prevent property-related fraud and protects populations against illegal expropriations.
âïž Secure Digital Identity Blockchain also allows for the creation of a unique and verifiable digital identity, thus reducing administrative fraud and manipulation of personal data in public services.
đĄ Blockchain is not a magic wand, but it offers powerful tools to build more responsible governance. If used well, it can restore trust between citizens and the state, and open a new era of transparency and efficiency in Africa.