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The uses of the blockchain smart contracts to reduce the levels of corruption: some preliminary thoughts

Published: 30 May 2018 Publication History

Abstract

The increasing demands for more transparency in public administration worldwide ask for open data, and the establishing of other mechanisms as well as keep using the contributions of new technologies to increment the management capacity, focusing on better controls and governance mechanisms. One of the new technologies that presents potential to be used to protect organizations from corruption is Blockchain. An important point when dealing with corruption perpetrated by frauds is the use of technology to avoid wrongdoing or to reduce its impact. Contracts are a very complex subject provided they are the main way governments transfer money to other organizations, including private ones. This document presents a study proposal about the use of Smart Contracts technology in Blockchain environments as a way to face corruption in governmental instances. Smart Contracts can be used to all government payments as a way to increase transactions transparency, as well as to avoid overbilling, provided that contracts and bids are typical ways to exert frauds and money misappropriation. As future researches it is important to verify barriers to Blockchain adoption as well as its main vulnerabilities.

References

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Atzori, M. 2017. Blockchain Technology and Decentralized Governance: Is the State Still Necessary? Journal of Governance and Regulation. 6, 1 (2017), 1--37.
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Filgueiras, F. and Aranha, A.L.M. 2011. Controle da corrupçÃo e burocracia da linha de frente: regras, discricionariedade e reformas no Brasil. DADOS - Revista de Ciências Sociais, Rio de Janeiro, vol. 54, no 2, 2011, pp. 349 a 387
[3]
Gouvea, R. et al. 2013. How the Corruption Quadruple Helix Affects BRIC: A Case Study of Corruption in Big Emerging Economies. Journal of Politics and Law. 6, 2 (2013), 1--12.
[4]
Massi Vicente, í.C. 2017. ConsolidaçÃo De Valores Éticos Nas Empresas Estatais E O Combate Á CorrupçÃo: Práticas para efetivaçÃo de políticas socialmente responsáveis - CAPES. Revista de Direito Administrativo e GestÃo Pública. 3, 1 (Jun. 2017), 41--61.
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Nakamoto, S. 2008. Bitcoin: A Peer-to-Peer Electronic Cash System. Www.Bitcoin.Org. (2008), 9.
[6]
The Power of Smart Contracts on the Blockchain: 2017. http://www.visualcapitalist.com/smart-contracts-blockchain/. Accessed: 2018-04-16

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  • (2024)A Literature Review: Problem Definition and Identification Donation BlockchainProceedings of the 2024 International Conference on Information Technology for Social Good10.1145/3677525.3678641(62-67)Online publication date: 4-Sep-2024
  • (2024)A Local-First Approach for Green Smart ContractsDistributed Ledger Technologies: Research and Practice10.1145/36071963:2(1-21)Online publication date: 18-Jun-2024
  • (2023)Kamu Mali Denetiminin Dijitalleşmesi: Blokzincir Teknolojisinin İncelenmesiDigitalization of Public Financial Audit: A Review of Blockchain TechnologyAlanya Akademik Bakış10.29023/alanyaakademik.10958337:1(187-207)Online publication date: 31-Jan-2023
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dg.o '18: Proceedings of the 19th Annual International Conference on Digital Government Research: Governance in the Data Age
May 2018
889 pages
ISBN:9781450365260
DOI:10.1145/3209281
Permission to make digital or hard copies of part or all of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for third-party components of this work must be honored. For all other uses, contact the Owner/Author.

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Association for Computing Machinery

New York, NY, United States

Publication History

Published: 30 May 2018

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Author Tags

  1. blockchain
  2. corruption levels
  3. governance
  4. smart contracts

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Cited By

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  • (2024)A Literature Review: Problem Definition and Identification Donation BlockchainProceedings of the 2024 International Conference on Information Technology for Social Good10.1145/3677525.3678641(62-67)Online publication date: 4-Sep-2024
  • (2024)A Local-First Approach for Green Smart ContractsDistributed Ledger Technologies: Research and Practice10.1145/36071963:2(1-21)Online publication date: 18-Jun-2024
  • (2023)Kamu Mali Denetiminin Dijitalleşmesi: Blokzincir Teknolojisinin İncelenmesiDigitalization of Public Financial Audit: A Review of Blockchain TechnologyAlanya Akademik Bakış10.29023/alanyaakademik.10958337:1(187-207)Online publication date: 31-Jan-2023
  • (2023)Smart contracts for creating transparent transactions to reduce corruptionProceedings of the 24th Annual International Conference on Digital Government Research10.1145/3598469.3598509(355-361)Online publication date: 11-Jul-2023
  • (2022)Blockchain Potentials in the Maritime Sector: A SurveyProceedings of the ICR’22 International Conference on Innovations in Computing Research10.1007/978-3-031-14054-9_28(293-309)Online publication date: 11-Aug-2022
  • (2021)A Review of Smart Contracts Applications in Various Industries: A Procurement PerspectiveAdvances in Civil Engineering10.1155/2021/55307552021:1Online publication date: 21-Apr-2021
  • (2021)Using Blockchain for Optimal and Transparent Resource AllocationProceedings of the 5th International Conference on E-Commerce, E-Business and E-Government10.1145/3466029.3466056(35-38)Online publication date: 28-Apr-2021
  • (2021)A Comparative Study: Blockchain Technology Utilization Benefits, Challenges and FunctionalitiesIEEE Access10.1109/ACCESS.2021.30502419(12730-12749)Online publication date: 2021
  • (2021)Information Privacy in Decentralized ApplicationsTrust Models for Next-Generation Blockchain Ecosystems10.1007/978-3-030-75107-4_4(85-104)Online publication date: 16-Apr-2021
  • (2021)Blockchain and Governance: Theory, Applications and ChallengesBlockchain for Business10.1002/9781119711063.ch6(113-139)Online publication date: 22-Jan-2021

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