Introduction

As public institutions worldwide face increasing pressure for accountability and efficient resource management, blockchain technology is emerging as a powerful solution. By creating an immutable, distributed ledger, blockchain can revolutionize public budgeting by providing an unprecedented level of transparency and trust. This digital ledger makes it possible to track public funds from allocation to expenditure in real-time, drastically reducing opportunities for fraud, improving audit trails, and restoring public confidence. Adopting this technology enables governments and public sector organizations to build more resilient, accountable, and citizen-centric financial systems that are fit for the future.

This specialized 5-day training course delves into the practical application of blockchain technology to public financial management. Participants will gain a deep understanding of blockchain fundamentals and explore real-world use cases for enhancing budget transparency, procurement, and expenditure tracking. Through a combination of theoretical knowledge and practical frameworks, this course will equip you with the skills to assess blockchain's viability, manage implementation projects, and lead the charge toward a more transparent and trustworthy public sector. You will be prepared to champion innovation and bring a new level of integrity to your organization's financial processes.

Duration: 5 Days

Target Audience

• Public Sector Financial Officers
• Auditors and Accountability Officers
• Government IT and Digital Transformation Leads
• Public Policy Makers and Regulators
• Procurement Officers
• Civil Society and NGO Representatives
• Anti-Corruption Specialists
• Public Administration Students and Researchers
• Economists
• Technology Consultants

Objectives

• Understand the core principles of blockchain technology and its relevance to public finance.
• Identify key areas in public budgeting and expenditure where blockchain can be applied.
• Develop a strategic framework for a pilot blockchain project.
• Assess the potential benefits and risks of blockchain implementation.
• Explore smart contract applications for automating budget rules and payments.
• Learn about data privacy and security considerations on a blockchain.
• Evaluate different blockchain platforms for public sector use cases.
• Engage with stakeholders and manage the change process effectively.
• Measure the impact of blockchain on transparency and efficiency.

Course Modules

Module 1: Blockchain Fundamentals for the Public Sector

• Introduction to distributed ledger technology (DLT).
• How blockchain creates trust and immutability.
• Public vs. private vs. consortium blockchains.
• Smart contracts: logic and automation.
• A deep dive into core blockchain concepts like hashing and consensus.

Module 2: The Challenge of Public Budget Transparency

• Current limitations of traditional budgeting systems.
• The role of accountability and trust in public finance.
• Identifying vulnerabilities to fraud and mismanagement.
• Case studies of transparency initiatives around the world.
• The demand from citizens for greater accountability.

Module 3: Blockchain Use Cases in Public Budgeting

• Tracking public funds from tax collection to final expenditure.
• Enhancing transparency in public procurement.
• Automating grant and aid distribution.
• Improving auditability and reducing manual processes.
• Managing public asset registries.

Module 4: Designing a Blockchain Solution

• Defining the problem and project scope.
• Choosing the right blockchain platform for the use case.
• Designing the data model and smart contract logic.
• Integrating blockchain with existing legacy systems.
• Building a proof-of-concept.

Module 5: Security, Governance, and Regulation

• Data privacy and General Data Protection Regulation (GDPR) on the blockchain.
• Managing blockchain access and permissions.
• The importance of a clear governance model.
• Regulatory considerations for public sector blockchain projects.
• Best practices for securing a blockchain network.

Module 6: Implementation and Stakeholder Management

• Developing a project roadmap and implementation plan.
• Communicating the value of the project to stakeholders.
• Managing change and training for public employees.
• Overcoming political and organizational challenges.
• Measuring and demonstrating return on investment.

Module 7: The Future of Public Finance

• The role of decentralized autonomous organizations (DAOs).
• Interoperability between different government blockchains.
• Exploring identity management and digital citizenship.
• Emerging trends and future possibilities.
• The path forward for transforming public financial management.

Training Approach

This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.

Tailor-Made Course

This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: info@skillsforafrica.org, training@skillsforafrica.org Tel: +254 702 249 449

Training Venue

The training will be held at our Skills for Africa Training Institute Training Centre. We also offer training for a group at requested location all over the world. The course fee covers the course tuition, training materials, two break refreshments, and buffet lunch.

Visa application, travel expenses, airport transfers, dinners, accommodation, insurance, and other personal expenses are catered by the participant

Certification

Participants will be issued with Skills for Africa Training Institute certificate upon completion of this course.

Airport Pickup and Accommodation

Airport pickup and accommodation is arranged upon request. For booking contact our Training Coordinator through Email: info@skillsforafrica.org, training@skillsforafrica.org Tel: +254 702 249 449

Terms of Payment: Unless otherwise agreed between the two parties’ payment of the course fee should be done 7 working days before commencement of the training.