Last week the Seoul district of Yeongdeungpo-gu in South Korea
announced that they successfully implemented a blockchain-based proposal evaluation system.
The new blockchain system aims to enhance the transparency and trustworthiness of assessing responses to public tenders. Because data stored on a blockchain cannot be easily falsified, it should ensure greater fairness in public service bidding procedures.
Initially, the blockchain will be used to evaluate all proposals in the district during 2019. Depending on progress it may then be expanded to other local governments.
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