Transparency in public finance is a constant preoccupation of modern administrations and citizenries, as the publicity of public expenditure and borrowing, the uniformisation of national accounts, citizen participation in government decisionmaking, and the introduction of various forms of control of government activity have become the rule rather than the exception in all geographies.

We are living in the era of the Fourth Industrial Revolution which has been causing significant disruptions in many fronts while offering potential solutions for a broad area of life. New technological innovations are constantly born and implemented with unprecedented speed and scale while altering the lives of people, businesses, governments and regulators.