Abstract:
The South African Local Government (SALG)
uses the tendering system to procure goods and services.
Some of these tendering projects are aimed at promoting
socio-economic and industrial policies. Hence, the tendering
system used by SALG should be fair, transparent, competitive,
cost-effective, equitable, and free from corruption.
However, the mismanagement of the tendering system might
lead to interruption of operations, late service delivery, rising
costs, and most importantly, fraud and corruption. The
use of paperwork to share project information might lead to
the mismanagement of the tendering project because it might
contribute towards illicit altering of project information during
the process. The purpose of this study is to develop a
Blockchain prototype that might be used to securely share
project information with all the parties interested in the tendering
project. It is recommended that the adoption of the
proposed solution will enable various organisations to have
access to real-time data, allowing them to have access to
the entire project history regardless of their geographical
location. Access to real-time data would promote real-time
auditing and digital forensic investigations because both
auditors and investigators will have access to credible digital
evidence or project information of their interest in real-time.
