Bolivia’s new president backs blockchain to tackle government corruption
Market Intelligence Analysis
AI-PoweredBolivia's new president-elect, Rodrigo Paz, plans to utilize blockchain technology to combat government corruption by implementing it in public procurement and incorporating cryptocurrency in asset declarations for a new fund.
Moderate, as the adoption of blockchain technology in a government setting could lead to increased demand for blockchain-related services and potentially drive up the price of cryptocurrencies.
Article Context
Bolivian President-elect Rodrigo Paz plans to use blockchain for public procurement and include crypto in asset declarations for a new fund.
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