Government could soon be using digital technology across a number of its ministries including housing, finance and immigration, in an effort to get a better handle on tracking transactions.
This indication was given recently as top government representatives met with blockchain technology experts in an initial consultation, aimed at finding more efficient and secure systems that could be applied to various sectors in Government.
Coordinator of the Innovation Seminar in the Ministry of Innovation Science and Smart Technology, Rodney Taylor, said by having a better understanding of the blockchain technology, Government could now explore areas for its implementation.
“We were able to discuss different applications within real estate management and housing, the tracking of financial payments within government, as well as the tracking and issuing of work permits and the various applications received via the Immigration Department,” he said.
Opting not to give details, officials said coming out of the session, a report identifying at least three projects that could be implemented or supported better by the use of blockchain technology would be offered for consideration.
Future discussions will be held.
Founder of Bitt Inc., Gabriel Abed, participated in the inaugural ‘knowledge café’.
Pointing out it that it would be a first for Government if the technology is used as a solution on various projects and governmental initiatives, he said, “It is promising because they’re interested in learning more about the capabilities of blockchain and seeking to implement applicable solutions that can be useful in the short and long-term,” said Abed.
Abed, a recognized leader in the blockchain industry, was joined by representatives from Ernst and Young Barbados, IBM and Aion Technologies.
By design, a blockchain is resistant to data modification, thereby offering greater security to database management, records and transactions.