OPEN GOVERNMENT DATA AND NFTs. A PROPOSED SOLUTION FOR GOVERNMENTS

Abstract

Eight basic principles are described in the literature (Höchtl and Reichstädter, 2011; Solar et al., 2013), which should meet government data in order to be considered open. These are: (1) Complete; (2) Primary; (3) Timely; (4) Accessible; (5) Machine processable; (6) Non-discriminatory; (7) Non-proprietary; (8) License-free. In parallel, Government data may contain multiple sets of data, including transactions in any form (e.g. financial or not) and expenditure, population, census, parliamentary proceedings, etc. According to Ubaldi (2013) public data sets included in open government data initiatives include:<br> 1.business information (including chamber of commerce information, etc.)<br> 2.registries, patent and trademark information and public databases<br> 3.geographic information (such as address information, aerial photographs, buildings, geology, and topographic information)<br> 4.legal information (such as national, and international court decisions, national laws)<br> 5.meteorological information (including data and models for climate and weather forecasts)<br> 6.social data (such as statistics on the economy, employment, health, population etc.).<br> 7.Transport information (such as traffic congestion, public transport and vehicle classification);<br> At the same time, the characteristics of NFTs (as it is mentioned above) along with their usage advantages (ownership, authenticity, transferability, creation of economic opportunity, and boosting inclusive growth), constitute them as an innovative solution for governments. The adoption of NFTs solutions by the public sector will not only provide many new capabilities and better services but will establish a safest, openly accessible, transparent and eco-friendly transactional environment. In addition the most important disadvantage of the NFTs usage which is the Concerns Regarding Ecological Impact, seems that fades due to the Proof-of-Stake consensus mechanisms which is proven to be energy efficiency.