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Guinea-Bissau uses blockchain to manage public finances: IMF

by rajtamil
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Will oil companies adopt blockchain in the future?

Guinea-Bissau has launched a blockchain platform to manage civil servants’ salaries and boost transparency in the corruption-plagued country, the International Monetary Fund (IMF) said Wednesday. Blockchain technology is a virtual ledger that allows information to be stored and exchanged in a secure, secret and unmodifiable manner. Each transaction is recorded in real time, in a […]

The post Guinea-Bissau uses blockchain to manage public finances: IMF appeared first on Insider Paper.

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