Abstract
Blockchain can reduce bureaucracy and increase the efficiency and performance of administrative processes through a platform possessing features and attributes such as storing and exchanging electronic messages in a decentralized environment and executing high level of security transactions and transparency, if used in government public service delivery. Many scholars believe that this distributed technology can bring new utilizations to a variety of industries and fields, including finance and banking, economics, supply chain, and authentication and increase economic productivity and efficiency dramatically by transforming many industries in the context of today's economy. The present study, presents the characteristics of the localized blockchain and e-currency conceptual model for the evolution of e-government services. It also examines the impact of the blockchain and e-currency model on the economy and electronic financial transactions as a viable, practical and constructive solution (rather than blocking and filtering of e-currency and blockchain). Ultimately designing a localized block chain and e-currency model, has played an effective role in exploit its high potential to speed up the administrative processes and reduce costs related to electronic transactions and payments in e-government and increase e-government revenues and ultimately it can speed up the customer service delivery and increase their satisfaction with the government.
Highlights
Today, society and the global economy are governed by the trust we have on intermediaries such as banks, governments, and big Internet companies like Google and Facebook
Blockchain technology basically could be regarded as a public ledger and all of committed transactions or digital events are stored in a list of blocks
The methodology of this article is applied-modeling because it aims to accurately describe the concepts and rules related to the Blockchain and E-Currency model for E-Government services
Summary
Society and the global economy are governed by the trust we have on intermediaries such as banks, governments, and big Internet companies like Google and Facebook. Experts are trying to design decentralized protocols that are attack resistance in addition to being scalable and optimized Analyzing such protocols requires extensive knowledge in areas such as distributed systems, cryptography, game theory, and concepts of information theory. Blockchain technology basically could be regarded as a public ledger and all of committed transactions or digital events are stored in a list of blocks. This chain grows as new blocks are appended to it continuously. The blockchain technology generally has key characteristics of decentralization, persistency, anonymity and auditability. What leads countries rapidly initiate blockchain projects? It is because blockchain is a technology directly related to social organization; unlike other technologies, a consensus mechanism form the core
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