Cryptocurrency: a solution to corruption and transparency

Description

This article explores the potential of cryptocurrency and blockchain technology to promote financial inclusion, transparency and accountability in Pakistan. It argues that traceable, distributed digital records could support anti-corruption efforts and improve access to financial services for the country’s large unbanked population. The article calls for a clear regulatory framework, specialist expertise and public incentives to encourage responsible adoption while addressing volatility, limited awareness and financial-crime risks. (The Express Tribune)