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RE: The Pentagon is Infested with Fraud, Waste, Abuse and Corruption
All the departments of the federal government should run a shared blockchain containing all financial information. Mostly, the information would be unencrypted because it's public. The confidential data could be encrypted and only readable by authorized parties or excluded from it. Why a blockchain? Immutability would make it impossible to cook the books afterwards. A distributed database would make it harder to conceal information. Annual cost savings would be in the hundreds of billions.
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Yes, all public institutions should have the majority of data on a chain and publicly accessible to verify.