Government of Canada Pilots Ethereum Blockchain to Increase Transparency

When governments adopt and pilot emerging technology, the act is often viewed by the public as a way of legitimizing its potential. Now, the Government of Canada is getting on the bandwagon.

In general, blockchain technology increased its global presence over the last few years and continued to earn legitimacy both inside and outside of the tech community.

Originally, blockchain technology aimed to serve merely as the basis for Bitcoin, the world’s first digital currency. Since then, however, blockchain far surpassed its original purpose and found a wide variety of uses in the world outside of fintech.

Now, the Canadian government launched a working proof-of-concept that aims to explore the potential of blockchain technology for government use.

The public can now access the blockchain publishing prototype, which makes use of the Ethereum blockchain. This adoption marks the beginning of what many enthusiasts hope will be a longstanding relationship between blockchain technology and the Government of Canada.

https://discover.coinsquare.io/government/canada-pilots-ethereum-blockchain/?platform=hootsuite