Current recordkeeping systems are outdated and vulnerable
bcdemocracy provides a trustworthy, modernized database
bcd's modernized recordkeeping system changes how government works
Welcome to the world of better data
the bcd difference
Legacy systems (centralized databases) collect information from dozens to thousands of sources. This creates delays, bottlenecks, inconsistencies, and issues with limited access to information.
bcd’s systems (distributed databases) collect information in real time and get to work in real time.
bcd’s data tools use blockchain and artificial intelligence to help government agencies spot problems, verify details, and share information. This saves agencies time and money, and helps them to better serve society.
bcd's regulatory compliance data tools
When a transaction is recorded on the blockchain, it is run through a Compliance Rules Engine. This series of algorithms checks to ensure the contribution or expense is within the rules. For example, if a contribution puts a contributor over the aggregate legal limit, the record is flagged.
Once a transaction is recorded on the bcd blockchain, an audit trail is created. This makes it impossible to alter information without leaving a trail and eliminates the risk of data being overwritten.
bcd equips campaign regulators with similar anti-fraud tools as those used in the financial services industry
Customizable permissions allow network administrators to determine what data is accessible to others on the network. This ensures that records are only visible to relevant parties.
bcd offers digital transaction verifications, eliminating paper-based, manual audit procedures
Customized features can include digitally signed agreements, signature verification, and identity verification
If your agency is thrilled with its current software and user interfaces, you can still benefit from the efficiencies of bcd blockchain. Our blockchain infrastructure is built to work with your current systems.
With its fault tolerant features, the bcd blockchain network is a safer way to store, secure, and share government data
A secure, vigilant, and resilient database solution
Private Permissioned Network
Today's recordkeeping systems make following the money in government and politics nearly impossible
The current system
Regulators collect inconsistent and delayed data from campaigns and PACs, making it difficult to secure information, fight corruption, and provide transparency
Transaction data is stored in campaign and PAC's systems for months before being filed with the government
The future with bcdemocracy
bcd optimizes how data flows throughout the campaign finance system, ensuring that information is safe, standardized, and auditable