One of the worst diseases of the 21st century is the corruption in the public sector and we all pay, from our pocket, how much money does corruption cost to us?

Running for any political post in any location usually entails spending, and most times the candidate or representative has to spend money they do not have, which leaves them at the mercy of wealthy sponsors who seek political favors in return. The truth is, after sponsoring these representatives and they get in, the sponsors then turn the representatives into their own puppets for their selfish gains. There is so much corruption in the system that it has begun to look like the norm.

Political corruption has been in existence since time began, and it has continued to evolve as with the rest of the world. Political corruption comes in different concepts including Bribery, Kleptocracy, Cronyism, Electoral Fraud, Slush Fund, Nepotism, Economics of Corruption, Legal Plunder, and Political Scandal. Through the years, these concepts have branched out into various other forms of corruption and are a major contributor to the political unrest in different parts of the world.

A lot of money goes into funding corruption, enough to take care of the pressing needs of the citizens. Sponsors do nothing but throw money into illegalities to make sure their candidate wins, and this is because, with their candidate in place, they will be able to perpetrate all manner of illegalities to fill their pockets and meet their selfish desires. Electoral fraud is a big problem that costs so much because the big dogs and the pawns that carry out the dirty deeds get paid to carry out their assignments with their mouths shut. The corrupt practices in our current democratic set up are as a result of the centralization of the electioneering system.

By operating a centralized system, it is easy to get access to the people in control of the system, and they are susceptible to bribes and threats from top dogs in the system. The centralized system makes it easy for the controllers or entities in charge to alter or tamper with important data. There is no transparency, no security, and no accountability, hence bribery and corruption become the order of the day.

The solution to all of these begins with having a decentralized system where no one is in control of the operation of the system, hence, no one can be bribed to alter any records. The blockchain technology is just the perfect solution to these electoral irregularities. One blockchain based application that is perfect for this, is the CoaliChain system.

A lot of money gets spent on fraudulent and corrupt activities, by adopting the blockchain technology, spending on useless activities is eliminated, accountability and transparency then become the watchwords, the more the application is used at various levels, the more transparency and accountability people will see. Complete eradication of electoral corruption is possible with the blockchain technology and with the CoaliChain system, including the use of Smart Contracts.

CoaliChain has all it takes to correct the rot in democracy, and its adoption will pave the way for more accountable and transparent services.

Will this project succeed in eradicating the curse of public corruption? Unsure, what is certain, is that we will continue to pay a heavy price for the dishonesty of our politicians.