BLOCKCHAIN-BASED FUND ALLOCATION AND TRACKING MECHANISM FOR STATE GOVERNMENT
Publication Date : 10/05/2025
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Abstract :
The state government's work involves numerous transactions across various operations such as initiatives, projects, contracts, and farmer schemes. A major challenge faced by top governments is low-level corruption, which is difficult to trace and hinders state progress. This corruption slows down development and affects the delivery of essential services to the needy. To address this, a secure system like Blockchain is essential. Blockchain tracks all transactions securely and transparently using cryptography and timestamps. It ensures that each transaction is tamper-proof and verifiable, improving efficiency and trust in government operations. This system is particularly effective in managing funding programs and schemes by providing clear, secure records.
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