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Tech giant IBM's Center for The Business of Government has released a report called “The Impact of Blockchain for Government: Insights on Identity, Payments, and Supply Chain” in which described what benefits governments may get from the implementation of blockchain technology.

The report is devoted to such important issues as understanding potential use of blockchains as an emerging technology, identifying areas of common interest, accelerating adoption and deployments and fighting existing gaps that impede implementations.

The report concluded that the emergence of blockchain technology will lead to the foundation of the next-generation institutes. Governments are able to receive countless benefits from implementing blockchain solutions in specific areas like personal identity, payments, etc.

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