Table 1 Examples of government-led blockchain projects
From: Blockchain government - a next form of infrastructure for the twenty-first century
Nation | Project | Status |
|---|---|---|
Australia | Australian senators launch parliamentary friends of blockchain group. | Announced in August 9, 2017 |
The Australian Securities Exchange (ASX) announced that they will use blockchain technology to clear and settle trades by replacing the outdated Clearing House Electronic Subregister System, also known as CHESS. | Announced in December, 2017. The proposed transition is expected to take place in March 2018. | |
China | Social security funds management system | Announced in 2016 |
Mortgage valuations on blockchain | Announced in 2016 | |
Blockchain-based asset custody system (PSBC) | Successfully executed more than 100 real business transactions on the blockchain since the system went live in October 2016 | |
Blockchain city project (By Wanxiang Group) | The project was announced by Wanxiang Group in 2016 and backed by Chinese government | |
Dubai | Government documents management system to be enacted by 2020 | Ongoing |
Global blockchain council (GBC) was established in 2016 with 32 members, including government entities, international companies, leading UAE banks, free zones, and international blockchain technology firms | Ongoing | |
Digital passport based on blockchain | Announced in June 2017 | |
Real-time information system about shipments to Dubai | Announced in 2017 | |
Estonia | eID (electronic ID management system) | The government is currently upgrading the existing system with blockchain technology. |
E-health (medical information management system) | The government is currently upgrading the existing system with blockchain technology. | |
e-Residency (a first-of-a-kind a transnational digital identity) | Since 2015, more than 27,000 people from 143 countries have applied and 4272 companies have been established as of December 2017 | |
France | French government has adopted new rules that will enable banks and fintech firms to establish blockchain platforms for unlisted securities trading. | Announced in December, 2017 |
Ghana | Land title registry project by NGO “Bitland” | Ongoing |
Georgia | Land title registry project | Ongoing |
Honduras | Land title registry project | Announced in 2015 and known as failure now |
Kazakhstan | Announced that they will make the most favorable business climate for cryptocurrency and Financial technology(Fintech) | Announced in July 17, 2017 |
Russia | Blockchain based documents management system announced by Moscow government | Announced in 2016 |
Russia’s ministry of health is launching a blockchain pilot | Announced in Aug 10, 2017 | |
Singapore | Cross-border interbank payments | A proof-of-concept project has been initiated in 2016. |
Sweden | Trials of a blockchain smart contracts technology for land registry | Tested in early 2017 |
Switzerland | The city of Zug (the capital of the canton of Zug) started accepting bitcoin as payment for city fees. The large number of companies engaged in cryptocurrency are located in Crypto Valley in Zug | Since July 2016 (Crypto Valley was named by Ethereum co-founder Mihai Alisie) |
Zug offers blockchain-based digital identity to their residents | Announced in 2017 | |
The United Arab Emirates and Saudi Arabia | The central banks of the United Arab Emirates and Saudi Arabia announced that they would launch a pilot initiative that two institutions test a new cryptocurrency for cross-border payments. | Announced in December, 2017 |
Ukraine | E-vox (Ethereum blockchain-based election platform) | Announced in 2016 |
Blockchain-based auction system | Announced in 2016 | |
United Kingdom (UK) | The UK government’s Department of Work and Pensions tested an experiment in which a blockchain system is used to distribute welfare payments. | Announced in July 2016 and successfully finished trail system |
Blockchain as a service for each government department | Available since August 2016 | |
Blockchain-based digital currency | UK’s Financial Conduct Authority (FCA) permitted blockchain startup, Tramonex, to issue digital money | |
Blockchain-based payment system between banks | Announced in 2017 | |
United States (US) | Pilot project for secure exchange of personal health data online | A two-year agreement for the tests was announced in 2016 |
Approving plan to issue stock via Bitcoin’s blockchain (Securities and Exchange Commission) | Announced in 2015 | |
Arizona bill to make blockchain smart contracts “legal” | Officially became state law in March 29, 2017 | |
Governor of Delaware has officially signed a bill making it explicitly legal for those entities to use blockchain for stock trading and record-keeping. | Announced in July 2017 | |
Illinois launches blockchain pilot to digitize birth certificates | Announced in Aug 31, 2017 |