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Beyond Decentralization
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Book Synopsis Beyond Decentralization by : Yingyi Qian
Download or read book Beyond Decentralization written by Yingyi Qian and published by . This book was released on 1994 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Politics Beyond the Capital by : Kent Eaton
Download or read book Politics Beyond the Capital written by Kent Eaton and published by Stanford University Press. This book was released on 2004-07-22 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: A recent wave of decentralization in Latin America has increased the prominence of politicians at the subnational level. Politics Beyond the Capital is the first book to place this trend in comparative historical perspective, examining past episodes of decentralization alongside contemporary ones to determine whether consistent causal factors are at play. At the center of the book is the rigorous testing of two key hypotheses that attribute decentralization to liberalizing changes in political regime type and economic development strategy. The book focuses on the four Latin American countries where politicians have most extensively engaged in the redesign of subnational institutions: Argentina, Brazil, Chile, and Uruguay. By reframing the "politics of decentralization" as the "politics of designing subnational institutions," the book moves beyond the policy orientation of much of the current literature, and broadens the debate by analyzing not just decentralization but re-centralization as well.
Book Synopsis Decentralizing Governance by : G. Shabbir Cheema
Download or read book Decentralizing Governance written by G. Shabbir Cheema and published by Brookings Institution Press. This book was released on 2007-08-01 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Brookings Institution Press and Ash Center for Democratic Governance and Innovation publication The trend toward greater decentralization of governance activities, now accepted as commonplace in the West, has become a worldwide movement. This international development—largely a product of globalization and democratization—is clearly one of the key factors reshaping economic, political, and social conditions throughout the world. Rather than the top-down, centralized decisionmaking that characterized communist economies and Third World dictatorships in the twentieth century, today's world demands flexibility, adaptability, and the autonomy to bring those qualities to bear. In this thought-provoking book, the first in a new series on Innovations in Governance, experts in government and public management trace the evolution and performance of decentralization concepts, from the transfer of authority within government to the sharing of power, authority, and responsibilities among broader governance institutions. This movement is not limited to national government—it also affects subnational governments, NGOs, private corporations, and even civil associations. The contributors assess the emerging concepts of decentralization (e.g., devolution, empowerment, capacity building, and democratic governance). They detail the factors driving the movement, including political changes such as the fall of the Iron Curtain and the ascendance of democracy; economic factors such as globalization and outsourcing; and technological advances (e.g. increased information technology and electronic commerce). Their analysis covers many different contexts and regions. For example, William Ascher of Claremont McKenna College chronicles how decentralization concepts are playing out in natural resources policy, while Kadmeil Wekwete (United Nations) outlines the specific challenges to decentralizing governance in sub-Saharan Africa. In each case, contributors explore the objectives of a decentralizing strategy as well as the benefits and difficulties that will likely result.
Book Synopsis Beyond the Center by : Shahid Javed Burki
Download or read book Beyond the Center written by Shahid Javed Burki and published by World Bank Publications. This book was released on 1999-01-01 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation This report examines the impact of decentralization and its effect on the efficiency of public services, on equity, and on macroeconomic stability.
Book Synopsis Local Governance in India by : Niraja Gopal Jayal
Download or read book Local Governance in India written by Niraja Gopal Jayal and published by Oxford University Press, USA. This book was released on 2006 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contributed research papers presented at a workshop organised by Centre for the Study of Law and Governance at Jawaharlal Nehru University in collaboration with the UNDP and UN-Habitat in April 2002.
Book Synopsis The Political Economy of Democratic Decentralization by : James Manor
Download or read book The Political Economy of Democratic Decentralization written by James Manor and published by World Bank Publications. This book was released on 1999 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nearly all countries worldwide are now experimenting with decentralization. Their motivation are diverse. Many countries are decentralizing because they believe this can help stimulate economic growth or reduce rural poverty, goals central government interventions have failed to achieve. Some countries see it as a way to strengthen civil society and deepen democracy. Some perceive it as a way to off-load expensive responsibilities onto lower level governments. Thus, decentralization is seen as a solution to many different kinds of problems. This report examines the origins and implications decentralization from a political economy perspective, with a focus on its promise and limitations. It explores why countries have often chosen not to decentralize, even when evidence suggests that doing so would be in the interests of the government. It seeks to explain why since the early 1980s many countries have undertaken some form of decentralization. This report also evaluates the evidence to understand where decentralization has considerable promise and where it does not. It identifies conditions needed for decentralization to succeed. It identifies the ways in which decentralization can promote rural development. And it names the goals which decentralization will probably not help achieve.
Book Synopsis Decentralization, Democracy, and Development in Africa by : Jan Erk
Download or read book Decentralization, Democracy, and Development in Africa written by Jan Erk and published by Routledge. This book was released on 2018-12-07 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decentralization reforms introduced to Africa in the 1990s have not always delivered the intended long-term outcomes. This is a collection on the consequences of these reforms two decades on. In addition to general and comparative overviews, the book contains case studies on Ghana, Senegal, Zimbabwe, Namibia, Ethiopia, and Uganda. The common theme across the chapters is that the reforms seem to have engendered political consequences beyond decentralization itself – mostly through interaction with the broader historical, political, social, and economic context. The book thus speaks both to the scholarly literature (on decentralization, democratization, and development) and to the community of development practitioners. Most of the literature on decentralization and development emphasizes questions of institutional design and policy, but here the harder-to-pin-down political patterns marking the workings of decentralization are the main focus of analysis. The debates on development, through the case studies, are connected to the scholarly literatures on comparative federalism, comparative decentralization, and local democracy. The main conclusion that emerges from the studies in the book is that no magic formula that can turn countries into peaceful, stable, and prosperous democracies overnight exists. Furthermore, there are risks involved in importing formal institutions without regard to the local historical, political, social, and economic context. The chapters of this book were originally published as a special issue in Regional and Federal Studies.
Book Synopsis Making Decentralization Work by : Ed Connerley
Download or read book Making Decentralization Work written by Ed Connerley and published by . This book was released on 2010 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors of this volume sift through the accumulating evidence to assess how well decentralization has fared. Focusing on consequences rather than causes, their goal is to inform future interventions in support of decentralized governance by showcasing some of the important trade-offs that it has generated so far.
Book Synopsis Development Beyond Neoliberalism? by : David Alan Craig
Download or read book Development Beyond Neoliberalism? written by David Alan Craig and published by Routledge. This book was released on 2006-09-27 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Development’s current focus – poverty reduction and good governance – signals a turn away from the older neoliberal preoccupation with structural adjustment, privatization and downsizing the state. For some, the new emphases on empowering and securing the poor through basic service delivery, local partnership, decentralization and institution building constitute a decisive break with the past and a whole set of new development possibilities beyond neoliberalism. Taking a wider historical perspective, this book charts the emergence of poverty reduction and governance at the centre of development. It shows that the Poverty Reduction paradigm does indeed mark a shift in the wider liberal project that has underpinned development: precisely what is new, and what this means for how the poor are governed, are described here in detail. This book provides a compelling history of development doctrine and practice, and in particular offers the first comprehensive account of the last twenty years, and development’s shift towards a new political economy of institution building, decentralized governance and local partnerships. The story is illustrated with extensive case studies from first hand experience in Vietnam, Uganda, Pakistan and New Zealand.
Book Synopsis Banking Beyond Banks and Money by : Paolo Tasca
Download or read book Banking Beyond Banks and Money written by Paolo Tasca and published by Springer. This book was released on 2016-09-01 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do you know how banking and money will look like in the new digital age? This book collects the voices of leading scholars, entrepreneurs, policy makers and consultants who, through their expertise and keen analytical skills, are best positioned to picture from various angles the ongoing technological revolution in banking and finance. You will learn how lending and borrowing can exist without banks; how new forms of money can compete to better serve different society needs; how new technologies are banking the unbanked communities in the poorest parts of the world, and how ideas and small projects can be financed by the crowds without the need to rely upon banks. You will learn how, in the new digital age, we will interact with new self-organised and autonomous companies that operate without any human involvement, based on a set of programmed and incorruptible rules. You will learn that new business models will emerge thanks to technology-enabled platforms, upon which one can build new forms of non-hierarchical cooperation between strangers. And you will also learn that new forms of risks and threats are emerging that will destabilise our systems and jeopardise the stability of our financial order.
Book Synopsis Beyond Settlement by : Vanessa E. Shields
Download or read book Beyond Settlement written by Vanessa E. Shields and published by Associated University Presse. This book was released on 2008 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: Political, ideological, and ethnic conflicts have resulted in countless deaths, the creation of millions of refugees, the destruction of livelihoods, and widespread human suffering, to say nothing of the economic destruction. This book examines institution building and security sector reform in conflict states by analyzing eighteen case studies covering eleven countries and six decades. With regard to institution building, there is an analysis of four democratic levers-elections, the legislature, the executive, and devolution--focusing on how the structure and function of these political institutions contribute to the management and reduction of conflict and to the consolidation of fragile democracies. Concerning security sector reform, there is an analysis of how military, police, and intelligence institutions are reformed in states that are coming out of conflict-states that are moving beyond settlement. Some of the conflicts in this study are ongoing (Palestine), while others have been resolved (Spain, South Africa), while still others are in a peace-building or immediate post-conflict stage (Northern Ireland).
Book Synopsis Is Decentralization Good for Development? by : Jean-Paul Faguet
Download or read book Is Decentralization Good for Development? written by Jean-Paul Faguet and published by Oxford University Press, USA. This book was released on 2015 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is decentralisation good for development? This book explains when the answer is 'Yes' and when it is 'No'. It shows how decentralisation can be designed to drive development forward, and focuses on the institutional incentives that can strengthen democracy, boost economies, and improve public sector performance.
Book Synopsis Source Separation and Decentralization for Wastewater Management by : Tove A. Larsen
Download or read book Source Separation and Decentralization for Wastewater Management written by Tove A. Larsen and published by IWA Publishing. This book was released on 2013-02-01 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is sewer-based wastewater treatment really the optimal technical solution in urban water management? This paradigm is increasingly being questioned. Growing water scarcity and the insight that water will be an important limiting factor for the quality of urban life are main drivers for new approaches in wastewater management. Source Separation and Decentralization for Wastewater Management sets up a comprehensive view of the resources involved in urban water management. It explores the potential of source separation and decentralization to provide viable alternatives to sewer-based urban water management. During the 1990s, several research groups started working on source-separating technologies for wastewater treatment. Source separation was not new, but had only been propagated as a cheap and environmentally friendly technology for the poor. The novelty was the discussion whether source separation could be a sustainable alternative to existing end-of-pipe systems, even in urban areas and industrialized countries. Since then, sustainable resource management and many different source-separating technologies have been investigated. The theoretical framework and also possible technologies have now developed to a more mature state. At the same time, many interesting technologies to process combined or concentrated wastewaters have evolved, which are equally suited for the treatment of source-separated domestic wastewater. The book presents a comprehensive view of the state of the art of source separation and decentralization. It discusses the technical possibilities and practical experience with source separation in different countries around the world. The area is in rapid development, but many of the fundamental insights presented in this book will stay valid. Source Separation and Decentralization for Wastewater Management is intended for all professionals and researchers interested in wastewater management, whether or not they are familiar with source separation. Editors: Tove A. Larsen, Kai M. Udert and Judit Lienert, Eawag - Swiss Federal Institute of Aquatic Science and Technology, Switzerland. Contributors: Yuval Alfiya, Technion - Israel Institute of Technology, Faculty of Civil and Environmental Engineering; Prof. Dr. M. Bruce Beck, University of Georgia, Warnell School of Forestry and Natural Resources; Dr. Christian Binz, Eawag, Swiss Federal Institute of Aquatic Science and Technology, Innovation Research in Utility Sectors (Cirus); Prof. em. Dr. Markus Boller, Eawag, Swiss Federal Institute of Aquatic Science and Technology, Department of Urban Water Management (SWW); Prof. Dr. Eran Friedler, Technion – Israel Institute of Technology, Faculty of Civil and Environmental Engineering; Zenah Bradford-Hartke, The University of New South Wales, School of Chemical Engineering and UNESCO Centre for Membrane Science and Technology; Dr. Shelley Brown-Malker, Very Small Particle Company Ltd; Bert Bundervoet, Ghent University, Laboratory Microbial Ecology and Technology (LabMET); Prof. Dr. David Butler, University of Exeter, Centre for Water Systems; Dr. Christopher A. Buzie, Hamburg University of Technology, Institute of Wastewater Management and Water Protection; Dr. Dana Cordell, University of Technology, Sydney (UTS), Institute for Sustainable Futures (ISF); Dr. Vasileios Diamantis, Democritus University of Thrace, Department of Environmental Engineering; Prof. Dr. Jan Willem Erisman, Louis Bolk Institute; VU University Amsterdam, Department of Earth Sciences; Barbara Evans, University of Leeds, School of Civil Engineering; Prof. Dr. Malin Falkenmark, Stockholm International Water Institute; Dr. Ted Gardner, Central Queensland University, Institute for Resource Industries and Sustainability; Dr. Heiko Gebauer, Eawag, Swiss Federal Institute of Aquatic Science and Technology, Innovation Research in Utility Sectors (Cirus); Prof. em. Dr. Willi Gujer, Swiss Federal Institute of Technology Zürich (ETHZ), Department of Civil, Environmental and Geomatic Engineering (BAUG); Prof. Dr. Bruce Jefferson, Cranfield University, Cranfield Water Science Institute; Prof. Dr. Paul Jeffrey, Cranfield University, Cranfield Water Science Institute; Sarina Jenni, Eawag, Swiss Federal Institute of Aquatic Science and Technology, Process Engineering Department (Eng); Prof. Dr. Håkan Jönsson, SLU - Swedish University of Agricultural Sciences, Department of Energy and Technology; Prof. Dr. Ïsik Kabdasli, Ïstanbul Technical University, Civil Engineering Faculty; Prof. Dr. Jörg Keller, The University of Queensland, Advanced Water Management Centre (AWMC); Prof. Dr. Klaus Kömmerer, Leuphana Universität Lüneburg, Institute of Sustainable and Environmental Chemistry; Dr. Katarzyna Kujawa-Roeleveld, Wageningen University, Agrotechnology and Food Sciences Group; Dr. Tove A. Larsen, Eawag, Swiss Federal Institute of Aquatic Science and Technology, Department of Urban Water Management (SWW); Michele Laureni, Eawag, Swiss Federal Institute of Aquatic Science and Technology, Process Engineering Department (Eng); Prof. Dr. Gregory Leslie, The University of New South Wales, School of Chemical Engineering and UNESCO Centre for Membrane Science and Technology; Dr. Harold Leverenz, University of California at Davis, Department of Civil and Environmental Engineering; Dr. Judit Lienert, Eawag, Swiss Federal Institute of Aquatic Science and Technology, Department of Environmental Social Sciences (ESS); Prof. Dr. Jürg Londong, Bauhaus-Universität Weimar, Department of Urban Water Management and Sanitation; Dr. Christoph Lüthi, Eawag, Swiss Federal Institute of Aquatic Science and Technology, Water and Sanitation in Developing Countries (Sandec); Prof. Dr. Max Maurer, Eawag, Swiss Federal Institute of Aquatic Science and Technology, Department of Urban Water Management (SWW); Swiss Federal Institute of Technology Zürich (ETHZ), Department of Civil, Environmental and Geomatic Engineering; Prof. em. Dr. Gustaf Olsson, Lund University, Department of Measurement Technology and Industrial Electrical Engineering (MIE); Prof. Dr. Ralf Otterpohl, Hamburg University of Technology, Institute of Wastewater Management and Water Protection; Dr. Bert Palsma, STOWA, Dutch Foundation for Applied Water Research; Dr. Arne R. Panesar, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH; Prof. Dr. Bruce E. Rittmann, Arizona State University, Swette Center for Environmental Biotechnology; Prof. Dr. Hansruedi Siegrist, Eawag, Swiss Federal Institute of Aquatic Science and Technology, Process Engineering Department (Eng); Dr. Ashok Sharma, Commonwealth Scientific and Industrial Research Organisation, Australia, Land and Water Division; Prof. Dr. Thor Axel Stenström, Stockholm Environment Institute, Bioresources Group; Norwegian University of Life Sciences, Department of Mathematical Science and Technology; Dr. Eckhard Störmer, Eawag, Swiss Federal Institute of Aquatic Science and Technology, Innovation Research in Utility Sectors (Cirus); Bjartur Swart, STOWA, Dutch Foundation for Applied Water Research; MWH North Europe; Prof. em. Dr. George Tchobanoglous, University of California at Davis, Department of Civil and Environmental Engineering; Elizabeth Tilley, Eawag, Swiss Federal Institute of Aquatic Science and Technology, Department of Water and Sanitation in Developing Countries (Sandec); Swiss Federal Institute of Technology Zürich (ETHZ), Centre for Development and Cooperation (NADEL); Prof. Dr. Bernhard Truffer, Eawag, Swiss Federal Institute of Aquatic Science and Technology; Innovation Research in Utility Sectors (Cirus); Prof. Dr. Olcay Tünay, Ïstanbul Technical University, Civil Engineering Faculty; Dr. Kai M. Udert, Eawag, Swiss Federal Institute of Aquatic Science and Technology, Process Engineering Department (Eng); Prof. em. Dr. Willy Verstraete, Ghent University, Laboratory Microbial Ecology and Technology (LabMET); Prof. Dr. Björn Vinnerås, SLU - Swedish University of Agricultural Sciences, Department of Energy and Technology; Prof. Dr. Urs von Gunten, Eawag, Swiss Federal Institute of Aquatic Science and Technology, Department of Water Resources and Drinking Water (W+T); Ecole Polytechnique Fédérale de Lausanne (EPFL),School of Architecture, Civil and Environmental Engineering (ENAC); Prof. em. Dr. Peter A. Wilderer, Technische Universität München, Institute for Advanced Study; Prof. Dr. Jun Xia, Chinese Academy of Sciences (CAS), Center for Water Resources Research and Key Laboratory of Water Cycle and Related Surface Processes; Prof. Dr. Grietje Zeeman, Wageningen University, Agrotechnology and Food Sciences Group
Book Synopsis Thailand Beyond the Crisis by : Peter Warr
Download or read book Thailand Beyond the Crisis written by Peter Warr and published by Psychology Press. This book was released on 2004-09-09 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thailand Beyond the Crisis includes recent research to give an accurate and up to date picture of the status of Thailand's economic recovery. The Asian economic crisis began in Thailand and ended a decade of sustained economic boom. This book identifies the role of policy errors involving both the Thai government and the IMF that lead to the crash of the fastest growing economy in the world. Warr addresses the consequences of the crisis, including sharply increased poverty incidence and a backlog of non- performing loans which clogged the banking system, delaying recovery. Key content includes: * the Social Consequences of the crisis, and alternatives * public sector reform * implications of a floating exchange rate * education * urbanisation and the environment.
Book Synopsis In Search of Better Governance in South Asia and Beyond by : Ishtiaq Jamil
Download or read book In Search of Better Governance in South Asia and Beyond written by Ishtiaq Jamil and published by Springer Science & Business Media. This book was released on 2013-06-26 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: The pursuit for better governance has assumed center stage in developmental discourse as well as reform initiatives of all organizations working for the public welfare, and includes such issues as service delivery and responding to citizens’ needs and demands. In the era of globalization, multilevel and new modes of governance are changing the traditional governance models of nation states, accelerated by technological innovation, rising citizen expectation, policy intervention from international and multilateral donor communities, and the hegemony of western ideology imposed on many developing nations. However, a universally accepted and agreed upon definition of 'governance’ still remains elusive. There is no consensus or agreement as to what would be the nature and form of governance and public administration. The question that is raised: Is there a universal governance mechanism that fits in all contexts or governance mechanisms should be based on home grown ideas?One can see various programs and policies of reforms and reorganizations in public administration in the developing countries, but these efforts have not been effective to address the challenging issues of economic development, employment generation, poverty reduction, ensuring equality of access to public services, maintaining fairness and equity, security and safety of citizens, social cohesion, democratic institution building, ensuring broader participation in the decision making process, and improving the quality of life. Therefore, there is a widespread concern for better governance or sound governance to bridge the gap between theory and practice, making this book of interest to academics as well as policy-makers in global public administration.
Book Synopsis Governance for Harmony in Asia and Beyond by : Julia Tao
Download or read book Governance for Harmony in Asia and Beyond written by Julia Tao and published by Routledge. This book was released on 2009-12-18 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: Harmony has become a major challenge for modern governance in the twenty-first century because of the multi-religious, multi-racial and multi-ethnic character of our increasingly globalized societies. Governments all over the world are facing growing pressure to integrate the many diverse elements and subcultures which make up modern pluralistic societies. This book examines the idea of harmony, and its place in politics and governance, both in theory and practice, in Asia, the West and elsewhere. It explores and analyses the meanings, mechanisms, dimensions and methodologies of harmony as a normative political ideal in both Western and Asian philosophical traditions. The book argues that in Western political thought - which sees politics as primarily concerned with resolving social conflicts and protecting individual rights - the concept of harmony has often been neglected. In contrast, since earliest times harmony or ‘he’ has been a profound theme in Confucian thought, and current leaders of many East Asian governments, and the Chinese government, have explicitly declared that the realisation of a harmonious society is their aim. The book also assesses how harmony is pursued, jeopardized or deformed in the real world of politics, based upon empirical analysis of a variety of different cultural, social and political contexts, including: China, Hong Kong, Singapore, Malaysia, Singapore, Vietnam, Denmark, Latin America and the Scandinavian countries. It shows how harmony as an organizing concept can help to promote new thinking in governance, and overcome problems of modern-day governance like distrust, adversarial conflicts, hyper-individualism, coercive state intervention, and free-market alienation. It also discusses the potential problems posed by the pursuit of harmony, in particular in the grave threat of totalitarianism, and considers how these risks could best be mitigated.
Book Synopsis APPLICATIONS BEYOND CRYPTOCURRENCIES - NON-FINANCIAL USE CASES FOR BLOCKCHAIN TECHNOLOGY by : Mr. Gunawan Widjaja
Download or read book APPLICATIONS BEYOND CRYPTOCURRENCIES - NON-FINANCIAL USE CASES FOR BLOCKCHAIN TECHNOLOGY written by Mr. Gunawan Widjaja and published by Xoffencerpublication. This book was released on 2023-09-18 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: The blockchain is a distributed ledger that stores information in a way that makes it extremely difficult, if not impossible, for the system to be altered, hacked, or manipulated. A distributed ledger is what a blockchain is. This ledger copies and distributes transactions throughout the network of computers that are part of the blockchain. A data structure known as blockchain has the potential to take the shape of an expanding list of information blocks. Because the knowledge blocks are interconnected, more recent blocks cannot be withdrawn or changed after they have been added. The decentralized digital currency Bitcoin relies on the blockchain technology for its operations. A distributed database that contains records of all transactions or digital activities that have been carried out and shared among parties that are participating is called a blockchain. Each transaction is checked by the system's users who make up the bulk of its members. It includes each and every record of each transaction in its entirety. The most widely used example of a blockchain technology is the cryptocurrency known as Bitcoin. In 2008, a person or group of people going by the name "Satoshi Nakamoto" issued a white paper titled "BitCoin: A peer-to-peer electronic cash system." This was the first time that the Blockchain Technology was brought to public attention. This new technology, known as blockchain, logs transactions in a digital ledger that is shared across the network. Because of this, the ledger cannot be altered in any way. Transactions involving anything of value, like as real estate, automobiles, and so on, may be recorded on the blockchain. Bitcoin is perhaps the most well-known application of Blockchain technology. Bitcoin is a form of cryptocurrency that may be used for the purchase and sale of digital assets over the internet. For two parties to successfully carry out transactions via the internet, Bitcoin relies on cryptographic evidence rather than the confidence of a third party. A unique cryptographic signature is used to secure each transaction.