Denmark’s Ministry for Development Cooperation has released a report that recognizes blockchain as a tool to fight corruption, particularly in refugee camps. Named ‘Code to Integrity,’ the report will be presented in the International Anti-Corruption Conference (IACC) in October.
The paper describes how innovation and technology are powerful tools in the battle against corruption, offering increased oversight of businesses, governments, and stakeholders.
It identifies blockchain as one of four avenues to tackle corruption. The technology’s feature of secure and transparent data recording could be used to ensure rights to aid, land, and money and prevent fraud.
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