Tracking Government Spending on Blockchain: CZ’s Proposal for Transparency

Tracking Government Spending on Blockchain: CZ’s Proposal for Transparency

According to Binance's CZ, governments should adopt blockchain technology to increase transparency in public spending. Changpeng Zhao (CZ), a co-founder of Binance, has urged all countries to use blockchain technology to track public expenditure as the world's sovereign debt approaches $102 trillion. CZ underlined the need of fiscal transparency in a post on X (previously Twitter) on January 25. The tweet read: "Unpopular opinion: All governm...

Tracking Government Spending on Blockchain: CZ’s Proposal for Transparency

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