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The role of blockchain in improving public administration

Journal: RUDN Journal of Law (Vol.27, No. 4)

Publication Date:

Authors : ; ;

Page : 956-968

Keywords : blockchain technology; public administration; economy; agriculture; healthcare; cryptocurrency; decentralization;

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The study is dedicated to the most important revolutionary "blockchain" technology, the application of which in public administration will contribute to the improvement of all spheres of the government life. The authors analyze the role of blockchain in the economic sphere (trade, agriculture, finance) and in healthcare. The article looks at correlation between the digital ruble and cryptocurrencies and arguments in favor of implementation of cryptocurrencies into the Russian economy. The purpose of the research is to form an idea of the need for the speedy introduction of blockchain technology in various areas of public administration, primarily in economy and healthcare. The employed methods are logical method, analysis, comparative legal, historical. The findings prove the need to use the blockchain in various areas of public administration; as a result of its implementation, Russia will be able to minimize sanctions pressure and improve realization of state policy in all spheres of public life. The research allows to draw the following conclusions: 1. Blockchain sets up the basis for the successful functioning of public administration in the Russian Federation. 2. The unique structure of blockchain may be looked at as the main element in streamlining all areas of the economy, creating a new generation of economic systems based on mutually beneficial cooperation. 3. Blockchain may contribute solving the problems associated with coordination and exchange of information between independent medical institutions. 4. Blockchain holds the greatest opportunities for agriculture, since its application allows to identify all stages of production, processing, supply of products, their delivery to the store and sale to the consumer.

Last modified: 2023-12-02 18:02:47