Can Blockchain Help Agencies be More Efficient?

Blockchain is no longer just a buzzword or simply a “technology to watch.” This database technology is being explored by agencies across government, from the General Services Administration (GSA) to Centers for Medicare and Medicaid Services (CMS), from the Federal Maritime Commission to military supply chain professionals across the Department of Defense (DoD).

The promise of blockchain is dramatic. It can help enhance agencies’ business processes and provide far greater transparency and efficiency.

Even When the Lights Go Out in Government, Data Never Sleeps

Government shutdowns are a costly business. The 2013 shutdown cost $24 billion in lost economic output while the 1996 shutdown resulted in $2.1 billion in government costs. We are yet to learn the impact, if any, of the three-day 2018 shutdown.

But, what we do know is that shutdowns are not universal. For many critical government employees, the lights never go out. Here’s just a shortlist:

Veterans Affairs (VA) remained operational.