Philippines: Asian Development Bank Paper Touts Blockchain in Government Procurement

18 Oct 2018: A new paper authored by World Bank Group-linked experts proposes development of a blockchain network to boost efficiency across government procurement systems worldwide. Authored by Dr. Ramanathan Somasundaram and S. M. Quamrul Hasan, both researchers specializing in government procurement, the consultation report was published Thursday, touting blockchain tech in a technological proposal for the Asian Development Bank. Currently, there are between 200 and 250 different e-government procurement (e-GP) systems …