Maximizing Transparency, Efficiency, and Security: Exploring the Pros and Cons of Adopting Blockchain Technology in Municipalities
Blockchain technology is gradually gaining popularity in the municipal sector as a solution for various challenges faced by local governments. The adoption of this technology in municipalities presents both opportunities and risks that need to be considered. One of the significant opportunities offered by blockchain technology in municipalities is the potential to improve the transparency, efficiency, and security of various processes . For example, blockchain-based voting systems can enhance the security and transparency of election processes. Additionally, blockchain technology can facilitate the secure sharing of data between different departments, ensuring the authenticity and integrity of the data. However, the adoption of blockchain technology also presents certain risks that need to be carefully considered. For instance, the decentralization of data storage can create vulnerabilities that could be exploited by cybercriminals. Moreover, the implementation of blockchain-...