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Mr_McFearson

Short Story Contest Entry: End of Corruption

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End of Corruption

 

A very nerve wracking thing to think of when the rest of the world was ahead of the adoption curve for Blockchain technology, and the U.S. Government was just now getting aboard the bandwagon.

It was obvious why regulators and lawmakers were so heavy handed in their slow dealing, it threatened a lot of pre-existing businesses and was a total system-breaker. Most entities and corporations were known for paying off their local congressmen and women, forcing them to read from paper scripts and paying them silently for every time they testified against adoption no matter how much arrogance and corruption they reeked of. Even before Blockchain technology, these snakes undermined every loophole they could think of while attempting to push their blame in testimony to hinder adoption.

As the world of adoption began with the newly regulated Blockchain technology, most of remittances worldwide were processed as digital payments through the Interledger, using XRP as an intermediary for transfers of wealth, assets, and even contractual obligations. It was a safe, hack free way of fixing a quadrillion dollar global crisis. Many central banks and large regular banks were quickly lining up, one by one signing up through xCurrent, and eventually polishing xRapid to use once it had shown true potential to prevent future crisis; money laundering, and even counterfeiting. Each individual Central Bank had large processes of change to go through, but in the end, they were all left with their own digitalized currency.

The trading board was now completely fair and even, no one currency being valued more than another in the world. No more manipulation of the U.S. dollar, or Euro through OPEC or LIBOR, due to contracts being ran through Codius and Blockchain. Small, honest businesses began to open more as Xpring funded and assisted business owners through the process and hardship of a new startup. Since the “Crypto” boom, other companies have taken it steps further to prove the usefulness of Blockchain even by creating supply chain databases and contracts, to ease the transfer of goods from point A to point B. Other corporations focused on medical record databases, personnel record databases, and generally all the details in-between to assist transparency of a business and to certify that there was no wrong-doing or manipulation present. These processes were all taken hand in hand, being equally useful and implemented in a single database.

However, due to these processes being implemented so slowly there was still a massive variety of fraud, and even sweat shops in third world countries with children workers. Since the fall of the Mexican Drug Cartels due to a cashless society, a majority of the Mexican government was ousted from power and the land was re-purposed to a variety of different factories for production.

Todd was a regulatory worker hired by the Fair Trades and Goods act, to audit and certify that a factory was working as intended, without maliciousness or fraud. Stepping silently through the halls of a humming factory glued to a tablet, Todd narrowly avoided others as he made his way. One thing was certain, something about this place wasn’t adding up. Monetary flows were missing and even wages being paid out to persons of non-existence. An organized dApp which was powered by Codius held a certain contract, and the contract that Todd read from stated that they had quite a few less workers than he was currently witnessing; a clear red flag. Corridor to corridor, an individual worker was stopped time to time and questioned quietly. Many workers tried to oppose the questions at first, but once they realized Todd had a Regulatory badge, it was all this man needed to shut their entire factory down. Workers that were initially scared and threatened before opened in their testimonies to the man, many saying they are being paid much less than what is claimed by the owners of the factory. In addition to unfair wages it turned out that the factory owners also used the power of unemployment to try and keep a blanket of silence across the factory, so that workers didn’t want to have a voice or stand up for a raise.

Quietly notating each encounter, Todd had a list of problematic issues with this factory that was now worth investigating further. Overpopulated conditions, underpaid conditions, and what would be next? The next corridor that Todd approached was a bit quieter than the rest of the factory, not as many busy-bodies moving through these halls. Every twenty feet, a door with a small peephole and a liftable window was positioned, and very curiously was it approached. Looking through the peephole, it became very apparent that this company enslaved children and used them for minimal labor, feeding them the bare minimum every day just to keep them alive. A hundred doors within the corridor held the same heartbreaking image, children with chains around their ankles. Each one had a small toilet to use, a rather flat mattress and a single burlap sack for a blanket, directly across the room from a small table and assorted parts and pieces that needed put together to become operational.

Backing away, Todd looked around himself to make sure that nobody else had seen where he was; and the halls were still clear. Making his exit hastily, the man went to the entrance of the building where he was treated as if he were a king by receptionists and even one of the owners. With a bit of hidden anger and animosity, Todd nodded to them and quietly disregarded them on his way out the doors, and a worried glance shot from one owner to a receptionist. Filling out the rest of his report on the Codius dApp, a quick phone call to the governed authorities quickly inherited a strong police response. Each worker, although documented and verified within Blockchain technology was individually questioned by investigative authorities. Many workers were found to not even be on the employee payroll, or even acknowledged whatsoever. A professional military team swept the compound, arresting the owners and safely securing the release of hundreds of children workers. Investigation of the Blockchain remittance flows showed that owners had siphoned quite a bit of each individual workers pay with each check they earned directly to their own bank accounts. Another charge that’ll keep them in prison for the rest of their life.

Regulatory affairs and investigations many like this swept the world, countless fraudulent businesses and their owners were disappearing, and the people found the power again to have a competitive and fair advantage to work legally. The same process was found to be rather useful in the political world as well, up-heaving many paid off politicians whom lost vision of the people they were supposed to represent, but instead found the money from businesses more lucrative than the well-being of others. As political seats opened, and a more honest generation replaced many of these old life-snakes, there was finally a regained hope, and grasp of a brighter and better future for all humankind as this process was happening across the world.

 

R Wallet: rDZbuF9UC8HDRxrW7JE11nRbF7A4xLDKDi

 

Hope you enjoy the read, thank you for the opportunity!

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"Filling out the rest of his report on the Codius dApp, a quick phone call to the governed authorities quickly inherited a strong police response. Each worker, although documented and verified within Blockchain technology was individually questioned by investigative authorities. Many workers were found to not even be on the employee payroll, or even acknowledged whatsoever."

Outstanding!

The end of organized corruption in double-entry accounting is one of the things that will eventually push digital, distributed ledgers to be used in government, businesses and elsewhere.  Interesting in the comments to the following World Bank article - none of the critics bring up a change in accounting like you did:

https://blogs.worldbank.org/africacan/aid-and-corruption

One of the commenters on that article (Menahem Prywes) dismissed the idea that improved accounting would help, but I disagree and I think your story exemplifies one possible scenario where smart contracts and blockchain-based identity systems could very reliably help. 

Great story.  :victory:

 

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