Blockchain—the technology underpinning Bitcoin—has gone from relative obscurity to mainstream topic in just a few years. Realizing the cross-cutting applicability of blockchain, hundreds of leaders in government have joined the General Services Administration’s (GSA) blockchain working group to share use cases and best practices.
Excitement around the technology is building as agencies begin piloting and testing blockchain applications for payments, supply chain, identity management, secure data sharing, and more. We have seen firsthand the tangible benefits blockchain can deliver for government clients. While the list of potential public sector blockchain applications continues to grow, here are three compelling benefits within the public sector today.