George Galloway, London, U.K. mayoral candidate who is using block chain technology in running his 2016 campaign, has called for the city to adopt block chain technology to provide full public accountability of government business.
Galloway was scheduled to present his outline for London’s future today at the Railway Tavern in Liverpool Street. He was to be joined by Max Keiser, host of the “Keiser Report.” Galloway and Keiser are promoters of MayorsChain, an initiative to use the block chain for managing government business.
The Public’s Right to Transparency
“Since governments spend public funds on shared public resources, the public has a right to transparency,” Galloway said in his prepared remarks.
Now, for the first time, the radically disruptive technology of block chains can provide a technological backbone for true, 100 percent transparency. Political accountability, it seems, is about to take on a whole new meaning.
Galloway claims there is currently no “intrinsic” incentive for governments to make optimal use of their resources and to act for the greater good.