Blockchain

Taiwan introduces plan for blockchain-based digital IDs by 2020

Taiwan announced big news about the launch of a blockchain powered Digital Identification System  in 2020. This new smart government initiative will help transform the government and help bring their economy into the future. Government is one of the most popular industries to be disrupted by blockchain technology and projects aimed at transforming governments have brought in big investments over the past two years. I would expect more and more countries to be proactive in utilizing blockchain technology. Dubai is one of the largest supporters of blockchain and has set to become the world’s first government powered by blockchain, thus saving human capital and millions of dollars.

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