Since April this year, the Comptroller-General’s Department, which is responsible for managing and overseeing procurement processes, has implemented blockchain technology in the government auction process.
The Comptroller-General’s Department (CGD) believes the use of the blockchain technology in government auctions will increase transparency and create fairness for all bidders, says comptroller-general Kulaya Tantitemit.
Since April this year, the CGD, a government agency under the Finance Ministry responsible for managing and overseeing procurement processes, has implemented blockchain technology in the government auction process.
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