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Blockchain Technology is the Answer of Corruption Solution in Ghana

TechInAfrica – A Ghana-based consulting firm, NikGroup eagerly wants to implement the blockchain for social change as a solution to fight corruption in Ghana where the government has been struggling to fight it.

Ghana has been fighting corruption, thus, the government implements a strong anti-corruption legal framework in place. However, they have to face enforcement challenges in many forms. Corruption is an illegal practice and either agent or principal both are unreliable, judging from the irrelevance of the offenders’ nationality.

NICKGROUP
NICKGROUP via businessdayghana.com

To respond to that, the CEO of NikGroup, Nick Owusu said that it is hard to track down and punish the offenders since the mechanisms and systems are not effective. To this matter, logistical and administrative challenges are the ones to blame.

Moreover, Owusu also said that Ghana has to deal with the loss of state funds by documents manipulation, payroll fraud, illegal transaction, fraudulent licensing, abuse of contracts as well as office, and many unpleasant things.”

NikGroup, represented by Nick Owusu is trying to flip over this unfortunate trend with the use of blockchain technology. He believes that this system is a better solution to fight against corruption in Gana. The system has the ability to control the irregularities where nobody is able to manipulate data. In short, the blockchain revolution is what Ghana needs in order to resolve corruption in the country.

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Written by Rinchi

An article writing enthusiast and is currently working on various types of article writing including technology, gadget tips & tricks, entertainment, culinary, health, and sports.

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