Blockchain and whistle blowers

A whistleblower is a person who comes forward and shares his/her knowledge on any wrongdoing which he/she thinks is happening in the whole organisation or in a specific department. A whistleblower could be an employee, contractor, or a supplier who becomes aware of any illegal activities. To protect whistleblowers from losing their job or getting mistreated there are specific laws. Most companies have a separate policy which clearly states how…

Whistle Blowing Using Blockchain the New Concept….

  Whistleblowing: The disclosure by a person, usually an employee in a government agency or private enterprise, to the public or to those inauthority, of mismanagement, corruption, illegality, or some other wrongdoing.Whistleblowers often face reprisals from their employer, who may suffer reputational damage as a result of the whistle being blown, or from colleagues who may have been involved in the illicit activities. In some cases reprisals become so severe that they turn into persecution. In some cases reprisals come from legal channels, particularly if the whistle has been blown for illegitimate reasons.Protection of whistle blowers is an important focus…

Does Enterprise India care for whisteblowers ?

India has thought about it but implementation ? who cares… Following are some key highlights of changes in clause 49 and its differences from requirements of Companies Act 2013. Overall framework for Corporate Governance Revised clause 49 lays down overall framework or objectives of requirements of clause 49 and companies are expected to interpret and apply those provisions in alignment with the principles. Key components of those framework are  Rights…