Chapter 26Israel
Blockchain technology is being widely used by the Israeli government and businesses.
Blockchain Adoption: The government of Israel promotes the policy of open government, with the understanding that recent innovations in communication and information technologies could allow a significant improvement in parliamentary democracy. This approach fosters informed policy‐making processes, improves governmental services, and has the potential to strengthen the trust between citizens and government.
The Israeli government funds, collaborates, and partners with businesses as well as educational institutions in fostering and continuously developing innovative technologies and science.
A startup blockchain technology company, CoaliChain, is designing an interactive political platform that promotes the policies of an open government and eliminates the communication gap between the elector and the elected. During interactive discourse between citizens and government, the platform produces heat maps and graphs conveying the citizen's interests, allowing politicians, in turn, to respond in real time to their constituent's queries. The data collected by the system traces the frequency of corporate influence and payments made to politicians. The system also utilizes smart contracts for enforcing campaign commitments made by politicians, such as budgets proposals and policies. The launch of a beta version was scheduled for release in Q1 2018, and the full version and blockchain‐integrated ...
Get Sustainably Investing in Digital Assets Globally now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
