Remove Bid Rigging Remove Bidding Remove Real-time Visibility
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Advancements in Transparency and Integrity through Blockchain in Public Procurements

Public Contracting Institute

Key Takeaways Aspect Impact of Blockchain Transparency Ensures real-time visibility and traceability of transactions. It does so by offering an immutable, transparent record of transactions, which helps to eliminate common issues such as bid rigging, kickbacks, and other forms of corruption.