Neurochain and the government. A lot of people have asked about this. What is the purpose of the relationship? Will the government actually use neurochain?First let’s talk about the French governments stance on cryptocurrencies and distributed ledger technology. The government are actively trying to form a regulatory framework to regulate crypto currencies and enable a framework that is clear, concise and that will make France an attractive place for innovation and ultimately the leader or capital of the ICO.
Before regulation can be created the government needed to learn about crypto currencies and DLT. Neurochain have been actively advising the government to help them understand firstly the basic underlying technology of cryptocurrencies and secondly the use cases that this technology can bring.The next steps are neurochain answering 3 questions for the government,-Fiscal topics–Cash management–TechnologyThis is all with the goal of the government gaining the understanding to be able to make the best decisions in terms of regulation and to gain the most technological and economic benefit to individual projects and France as a whole.So let’s take a look forward and where does neurochain fit into this, yes they are advising the government but what does that mean for project and the neurochain protocol?This is where it gets really interesting,Neurochain are developing specific use cases for the government. Public spending This is a custom use case for tracking public spending using blockchain technology.Voting protocol- Neurochain are developing a proof of concept to launch a decentralised voting app on the neurochain blockchain. This is just the start of the relationship with the government and neurochain are laying the foundations by advising and working closely with the government to not just to advance neurochain and cryptocurrencies in general to change the public sector with technology creating a more transparent and more efficient environment that can be adopted all over the world.
NeuroChain, let’s build a better world!
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