Canadian Government Implementing Ethereum Blockchain

In November, Vitalik Buterin, the creator of Ethereum, tweeted out a poll asking his half a million followers to vote on which institutions they would most like to see adopt blockchain storage. 44 percent of the people voted government.

The National Research Council of Canada (NRC) wish to use the ethereum blockchain to record and validate governemnt contracts. Canadians can now view the grant information by monetary value, date, recipient and region. They can also verify grant information by clicking on the Transaction ID link, which takes them to the unique transaction listing on the online Ethereum transaction database Etherscan.io.

“Our goal is to enable institutions to become fully transparent, and enable constituents to participate in the verification and validation of public information.”

“These are early days yet, but the experiment is expected to provide constructive insight into the potential for blockchain technology and how it may be used for more open and transparent function of public programs.”

“Blockchains provide the ultimate in transparency and trust, making this technology a brave new world for organizations that strive to conduct transparent business,” the NRC said in a blog post.

NRC Canada is teaming up with bitaccess to use its Cantena platform for the use of publishing information based on governement grants and contributions on the open-source blockchain network.

The grants and contributions would be visible in real-time on the Canadian Government website. You can see the prototype here:
https://nrc-cnrc.explorecatena.com/en

The central bank of Canada is also experimenting with blockchain in a project called Project Jasper. It wishes to create new systems of finances in stabilization and in security to prevent theft.