The cybercrime division, which is better known in the field as C3N, disclosed that it uses smart contracts on the Tezos Blockchain to validate and record administrative expenses. C3N relies on the system to purchase cryptocurrencies from Europol-allocated funds, which would then be used for the department’s operations. The development marks the first time a government entity has admitted to using smart contracts for its services.
Nomadic Labs, the primary research and development center of the Tezos network, said that the program employs the first-ever smart contract which was developed by a government entity. Notably, the Blockchain-based system enhances the auditing procedures as well as the traceability of the division’s operational funds.
Only authorized entities within the division can access the smart contract that acts as a system regulator. Through this setup, C3N can justify expenses without risking valuable information about their procedures and activities, thus enhancing the security of its operations as well.
The chief of communications at Nomadic Labs, Sajida Zouarhi, emphasized that C3N’s program demonstrates how public Blockchains such as Tezos can be used to address issues relating to an operational need.
In the past, the French Gendarmerie’s cybercrime division had to wait for a few months to get their expenses approved. With the help of the smart contract written in the Tezos language, the validation of operational costs takes only a few minutes.