Quick Question Sir, “But How Will Blockchain Really Control Corruption?” |


how blockchain could control corruption

Much faith has been placed in the advantages of blockchain tech by professionals and social entrepreneurs that the tech will be able to play a significant part in restricting corruption and improving transparency in social justice.

The founder of Hands Social Enterprise Mr. Torplus Yomnak said,

“Blockchain could be used to promote transparency of information for anti-corruption and to increase the power of investigation”.

He made this statement when he was speaking at a seminar last week organized by Thailand Institute of Justice on “Blockchain technology for transparency and accountability”.

Researcher on corruption, Mr. Torplus, recommended that the modern tech can be functional in three major areas. First of all, government can make use of blockchain to track down and make strong investigations.

He added that by so doing, blockchain could be used to manage related information such as procurement and auction-bidding in the server of Comptroller-General’s Department in order to allow subordinate networks to have access to information.

He pointed out that, the tech will aid in the facilitating of investigation of anxious agencies and develop transparency of the government’s procurement process.

Second, the use of blockchain to stimulate good governance in the private sector.

The tech will be of assistance to the public to check the history and the background of a company in order to know its relation with others as well as to deliberate if there were any dangers or reliability matters with the company, he explained.

Finally, it can be used for electronic assets pronouncement of civil servant and state officers to evade conflict of interest and opaque investigation procedure.

He said, with the use of blockchain, errors can be prevented that could happen when filling papers as well as the clearing of information.

Moreover, it would be easier to look for assets and have numerous means to investigate the declared assets.

For instance, the tech would be able to investigate the variations in the assets over a period of time, or it can examine if there is any conflict of interest and can check if the assets are in harmony with or reasonable with the owner’s lifestyle.

“Technology can fight against corruption but to achieve this the public needs to be alerted in following the investigation and supporting scrutiny that is free from influence,”

Human trafficking and non-transparent processes can be solved by the blockchain tech in the fishing industry, the seminar was told.

Co-founder of Open Dream, Patipat Susumpao, a digital-led social enterprise, said his organization was trying to create a prototype applying blockchain for the fishery industry by stalking the source of fishes – from where they were caught until they were served on the table.

He added that Thailand is the leading exporter of canned tuna products in the world but the production process and supply chain in the fishing industry still has problems said environmental activists in terms of transparency.

Patipat gave an example of British company Provenance’s pilot project in Indonesia. The British firm uses mobile blockchain tech and smart tagging to track fish caught by fishermen with confirmed social sustainability rights. The aim is to stop many of the disturbing practices within the illegal fishing industry, including slavery.

“Blockchain could help solve this issue as consumers can track where and what they are eating is coming from,”

Moreover, the technology could also be used to identify the identity of labour in order to prevent human trafficking and child labour in the industry.

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