Guinea-Bissau uses blockchain to manage public finances: IMF
Dakar (AFP) May 29, 2024
Guinea-Bissau has launched a blockchain platform to manage civil servants' salaries and boost transparency in the corruption-plagued country, the International Monetary Fund (IMF) said Wednesday. Blockchain technology is a virtual ledger that allows information to be stored and exchanged in a secure, secret and unmodifiable manner. Each transaction is recorded in real time, in a tamper-proof
Guinea-Bissau has launched a blockchain platform to manage civil servants' salaries and boost transparency in the corruption-plagued country, the International Monetary Fund (IMF) said Wednesday. Blockchain technology is a virtual ledger that allows information to be stored and exchanged in a secure, secret and unmodifiable manner. Each transaction is recorded in real time, in a tamper-proof