Economic Insecurity Threatens Public Safety and Social Order in South Africa

Abstract

This paper analyses how economic insecurity poses immense threats to public safety and social order in South Africa. It was found that economic insecurity threatens public safety and social order because it disrupts the delivery of essential services such as healthcare, education, political leadership, and governance, making it impossible for people to access sustainable services that meet their expectations. Blockchain creates an automated, autonomous, and self-governing infrastructure that eliminates the need for traditional structures like managers, policies, offices, contracts, and centralized strategies. In banking systems and during financial transactions, blockchain speeds up clearing and settlement processes without requiring later approval. It promotes transparency, reduces transaction risks, and eliminates data centralization. Blockchain improves market efficiency and ensures equitable market access. Blockchain prevents fraud and corruption. A qualitative methodology was adopted to achieve the above assertions.