The Russian state of Nizhny Novgorod tests “City N,” a blockchain-based application that will aid monitoring public administration tasks, as reported by ForkLog on May 28.
Reportedly, by utilizing the application the state residents could file their taxes on the blockchain-based Vostok platform. Further, City N will include several features such as the ability to verify the identity of Nizhny Novgorod residents and to track expenditures residents have paid to the states budget via the online portal of public services Gosuslugi.
Gleb Nikitin, the Governor of the Nizhny Novgorod Region elaborated over the transparency that blockchain technology brings in processes and the government’s hopes for the civic engagement via the new application:
“Thanks to new technologies, residents will be more actively involved in managing their city through proactive, so-called ‘participatory’ budgeting. The blockchain technology will allow us to ensure maximum transparency and honesty in relations between a person and the state.”
The funds to launch a pilot of the platform in other regions will purportedly be allocated in the 2020 federal budget. Reportedly, the National Center for Informatization of Rostec State Corporation will oversee the implementation of the platform nationwide.
Just recently, the Russian state-owned holding conglomerate Rostec proposed a five-year national blockchain strategy that will purportedly generate 1.6 trillion rubles ($25.4 billion). As per a ForkLog report, Rostec and Vostok have had signed a partnership agreement to implement blockchain tech into the Russian Federation’s digital infrastructure.
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Image Source – Stock Photo Secrets
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