Mexican Presidential Candidate Plans to Fight Corruption With Blockchain Tech

Published on by Cryptoslate | Published on

Ricardo Anaya, the youngest of the presidential candidates, aims to fight corruption through a safe, auditable, and innovative means: The use of blockchain technologies.

The main focus of all candidates is the fight against corruption subsequent to a point of major economic development, and although several proposals have emerged, Anaya seeks to nip the situation in the bud through the use of Distributed Ledger Technologies.

Blockchain will allow us to rethink politics in the service of society.

The concept of implementing blockchain technology to improve state governance models is extremely novel, considering that industrial implementation of DLT solutions is still at a nascent stage.

In locations where blockchain technology is poorly understood - such as many Latin American towns - doubts and fears regarding its implementation are common due to a lack of information.

A lack of understanding regarding blockchain technology makes it difficult for many communities to see how it can improve the traditional procedures they are used to.

To create a portable virtual platform that allows the permanent monitoring of public resources, in addition to incorporating blockchain technology, which will make it easier for citizens to know the allocation, use and destination of the resources it provides to the public treasury.

The use of cryptocurrencies and blockchain technologies has fascinated millions of enthusiasts worldwide.

Cycle: A Colombian project that redistributes energy among communities, optimizing the production and consumption of renewable energy using a blockchain running on the Ethereum network.

Smart Tenders: A Mexican project that seeks the automation of bidding processes to avoid corruption and facilitate price comparison through the use of smart contracts.

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