The BBA on Nostr: 🌐 According to the United Nations data, the global cost of #Procurement Fraud adds ...

🌐 According to the United Nations data, the global cost of #Procurement Fraud adds up to a staggering £1.8 trillion annually.

This means vital services are never delivered, critical infrastructure is never built, and people's lives and well-being are at risk.

The Blockchain can mitigate public procurement fraud, build #transparency, and improve integrity between #Government and #enterprise procurement processes.

🎤 Pax Ola of CAYPAX INC. will be presenting his Research Abstract at the BBA's 8th Blockchain International Scientific Conference in London on 27 March.

His full paper is going to be published in The #JBBA soon.

In 2023, BBA published a Systematic Review on how Government and Public Services can mitigate procurement fraud using the Blockchain:
➡️ https://jbba.scholasticahq.com/article/89005-using-blockchain-technology-to-improve-the-integrity-and-transparency-of-procurement-processes-between-smmes-and-government-a-systematic-literature

🌐 #ISC2026 will convene #institutional-grade blockchain expertise, assembling #practitioners, researchers, and #policymakers around one thesis:

Blockchain in 2030: Science, Standards, & Societal Impact

➡️ Attend the ISC2026:
🏛️ 27 March | Portcullis House | London, 🇬🇧 UK

>> Register:
https://britishblockchainassociation.org/isc2026/

#EvidenceBasedBlockchain #Blockchain #Web3 #Science #Research