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Blockchain and Governments: Blockchain technology presents governments with a unique opportunity to transform public administration by enhancing transparency, security, and efficiency through decentralized, tamper-resistant record-keeping. Adopting blockchain can streamline processes such as identity verification, voting systems, and supply chain management, potentially reducing corruption and administrative overhead. However, the integration of blockchain also poses challenges including regulatory uncertainty, potential cybersecurity vulnerabilities, and significant energy consumption associated with some blockchain models.
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