Is Odessa, Ukraine going to establish a government system supported by blockchain technology?

According to foreign media reports, the Ukrainian Bitcoin Foundation and local Bitcoin institutions   KUNA   The two parties will work together to build an e-government system based on blockchain technology for the Odessa Oblast of Ukraine.

Founder of KUNA   Michael Chobanyan   The memorandum on the project has been signed by the First Deputy Minister of the Kyiv Regional Administration, the capital of Ukraine, told CoinTelegraph.   Lev Partskhaladze   Now, Odessa Oblast is likely to become the first administrative center to adopt blockchain technology for administrative management, but the specific blockchain used has not yet been announced.

As the first step of the blockchain project, the Ukrainian Bitcoin Foundation will conduct auctions of government real estate on the blockchain. This will ensure fair and transparent auctions and eliminate the practice of forging documents. Currently, this auction system based on blockchain technology is still in the pilot stage.

According to the signed memorandum, the local IT community will assist in the development of the Odessa blockchain project and study how to integrate various public services (such as identity, public records, banking services, etc.) with blockchain technology.

The official announcement about the project will be broadcast on Ukrainian television and can be seen here.

Earlier, representatives of the Bitcoin Foundation of Ukraine and the National Bank of Ukraine (NBU) met in mid-September to discuss issues related to Bitcoin regulation. The meeting also showed that Ukrainian financial institutions are taking Bitcoin technology seriously and want to find ways to apply blockchain technology to the financial system.

Original article: http://cointelegraph.com/news/115578/first-blockchain-powered-government-to-launch-in-odessa-ukraine
By Nina Lyon
Compiled by: printemps
Source (translation): Babbitt Information