Opinion on GenZ’s Use of Blockchain in Bangladesh's New Era
How Blockchain Can Transform Bangladesh
In Bangladesh, widespread corruption has catalyzed a significant student-led movement, leading to the fall of Prime Minister Sheikh Hasina’s administration. GenZ, known for its innovative spirit, is turning towards blockchain technology as a solution. Blockchain can potentially offer unprecedented levels of transparency and accountability within the government.
Embracing New Tools
Sharmeen Shehabuddin, Social Media Lead at Consensys, emphasizes that utilizing blockchain in public sectors can revolutionize governance. By implementing this technology, voter transparency and transaction tracking can be vastly improved.
- Decentralized Finance (DeFi)
- Smart Contracts
- Transparent Voting
Challenges and Opportunities
Though there are challenges in adapting to blockchain, such as technological literacy and infrastructure, the potential for a more transparent society is worth exploring. This is a pivotal moment where tech innovation and community action can align to create change.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.