#blockchain government

Baguio City has revealed that they have created a blockchain called GoodGovChain which is based on the BayaniChain Digital Public Asset (DPA) Framework. "GoodGovChain represents a massive leap forward in how we think about government systems. The European Blockchain Hub formally entered Asia last weekend during an event in Kuala Lumpur, Malaysia. The hub, which was first established in Slovenia, is a union of different entities in partnership with government institutions that support the growth of blockchain technology. Blockchain is basically a virtual ledger of transactions. The beauty of blockchain is that it's managed by a peer-to-peer network and is virtually unalterable and resistant to modification The main aim of the European Blockchain Hub is to educate the masses about the potential of Blockchain as well as continue its spread and development to a global scale. Setting up the main headquarters in Malaysia was their first step toward spreading awareness about Blockchain in Asia. The event also gave birth to the Asian Blockchain Hub, spearheaded by Mr. Read more in our articles including "Baguio City announces GoodGovChain blockchain" and "European Blockchain Hub sets up shop in Asia".