Bloomberg Law
Feb. 1, 2018, 10:11 PM UTC

Blockchain Not Ready for Widespread Government Use, Report Says

Alexis Kramer

• Illinois task force report says blockchain can streamline government operations

• Technology needs to show it can scale, work with other legacy systems

Blockchain can help government reduce costs and operate more securely, but it isn’t ready for widespread government use, according to an Illinois governmentreportissued Jan. 31.

Blockchain could be used in Illinois to maintain a Medicaid recipient roster, determine food stamps eligibility, and create digital marketplaces for vendors in snow removal, recycling and other services, the report said.

The task force that produced the report is comprised of state lawmakers and government and company officials. It recommended ...

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