Service: e-Auction 3.0

Responsible organisation: Ministry of Finance (Governmental)

In October 2015 Innovations and Development Foundation began working on a next generation of decentralised, blockchain E-auction system. The platform is built for supporting non-corrupt, transparent privatisation process of state and regional property, land and enterprises. The first phase of the project was launched in February 2016.The strategy for improving the state property privatisation and lease process is based on the emerging, innovative models, that apply transformational changes to components which are relevant for Ukraine. Models offer the latest technological solutions, such as complete decentralisation/distribution based on blockchain and transparency for easy monitoring through API.

Additional information

Source EU Blockchain Observatory and Forum - Initiatives Map
Web site http://govsale.com.ua/#/?_k=lo64u5
Start/end date 2015 -
Still active? Yes

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