Cryptocurrencies

German Lawmakers Vote ‘Nein’ on Blockchain for Transparency on Megaprojects

Berlin Brandenburg Airport in 2012. The long-delayed megaproject is tentatively set to open this October. (Muns/Wikimedia commons)

Germany’s money-hemorrhaging effort to build a sleek new airport for Berlin might have convinced one political party that a blockchain for megaproject transparency was in order, but on Thursday the center-right Free Democrats (FDP) proved unable to persuade anyone else.

  • FDP’s call for a blockchain to hold “major state projects” accountable fell on deaf ears in the Bundestag after it failed to receive backing from even one other parliamentary group.
  • If passed, the proposal would have urged the German government to host big-euro projects on an open blockchain. Citizens could then view audit trails and provide feedback with ease, the bill read.
  • Such a tool could salvage the public’s confidence in the wake of the Berlin Brandenburg Airport (BER) fiasco, FDP pointed out.
  • “Citizens’ trust in the control abilities and competence of government contractors suffered enormously because of these and other failures” FDP argued.
  • “The medium-term goal must be to make tax-financed large-scale projects more transparent for taxpayers,” they said.
  • FDP offered an accessible blockchain as the solution.
  • But the other members of Bundestag’s Building committee did not agree. On Wednesday, they recommended the parliament reject FDP’s blockchain proposal outright. It died the next day on the Bundestag floor. 

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