Blockchain Technology Offers Secure Platform for Whistleblowing

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Blockchain Technology Offers Secure Platform for Whistleblowing
WhistleblowersCorruptionBlockchain
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Whistleblowers often face ostracism, job loss and threats to their safety for exposing corruption but, say the writers, blockchain technology offers a secure platform for whistleblowing, allowing whistleblowers to maintain anonymity while filing a case.

Whistleblowers often face ostracism, job loss and threats to their safety for exposing corruption but, say the writers, blockchain technology offers a secure platform for whistleblowing, allowing whistleblowers to maintain anonymity while filing a case. (Image: iStock) Whistleblowing is an essential tool for holding the powerful accountable and promoting transparency. However, it comes at a vast personal cost for whistleblowers. Blockchain can be used to create anonymous whistleblowing systems.

South Africa has backslid to its 2012 position on Transparency International’s 2022 Corruption Perceptions Index (CPI), ranking 70th out of 180 countries with a score of 43/100. Despite a few years of improvement, the country has consistently maintained a low score, indicative of widespread corruption in the public sector.details how corruption manifested during the rule of the apartheid regime, with economic crimes having been committed through apartheid-era functionaries colluding with “reputable” companies in “reputable” state

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