Government Budgets on Blockchain

Background

Originally conceived in 2018, the the GBA Budget Accountability & Transparency Working Group was established by Steve Olson & Gerard Dache with a goal of putting government budgets on blockchain. But, at that time, no one was interested.

Today, the idea has gained momentum, with figures like Robert F. Kennedy Jr. advocating for blockchain-based government budgets. Although he did not win the presidency, he has been nominated as Secretary of the U.S. Health & Human Services Administration, making HHS a good study case for the idea. Now many people in national positions of authority are discussing the concept of putting government budgets on blockchain.

Now the GBA Budget Accountability & Transparency Working Group is continuing to explore the feasibility of putting government budgets on a blockchain to enhance transparency and accountability. This initiative is structured into three phases, each consisting of a study, an implementation, and a formal report submitted to over 500 government offices.

Phases & Activities

Phase 1 – Local Government Pilot
Study: Assess the feasibility of putting a county health department budget on a blockchain.
Implementation: Execute a pilot program to test blockchain-based budget tracking.
Report: Publish findings and recommendations for local government officials.

Phase 2 – U.S. Federal Program Pilot
Study: Evaluate the feasibility of applying blockchain to a U.S. federal program, likely within Health & Human Services (HHS).
Implementation: Expand the pilot using insights from the local project.
Report: Deliver findings to GBA members in 500+ government offices and submit for global distribution via the United Nations Internet Governance Forum.

Phase 3 – National & Global Policy Impact
Study: Examine large-scale blockchain adoption for federal and national budget transparency.
Implementation: Develop a strategic framework for blockchain-based public finance accountability.
Report: Submit final recommendations to national leaders and policymakers worldwide.

Why Participate?

Shape the future of government transparency, collaborate with experts, government officials, and industry leaders and contribute to groundbreaking research with real-world implementation.

How to Participate?

GBA members are invited to participate in this historic and impactful project. To be part of the movement to revolutionize government accountability with blockchain just:
Join the Government Blockchain Association (GBA)
Log into the GBA Global Website
Join the GBA Budget Accountability & Transparency Working Group every Wednesday at 11:00 AM (New York/GMT-05)
Attend the Weekly Budget Accountability & Transparency Working Group Meeting