Enhancing Intra-Data Sharing in Savings and Credit Cooperative Societies through Blockchain Technology

This paper explores the current state of intra-data sharing practices in Savings and Credit Cooperative Societies (SACCOS) in Uganda. The primary objective is to identify the challenges in current data sharing practices and explore how blockchain technology can transform these processes. A mixed-methods approach was employed, including surveys and qualitative interviews with SACCOS members and management. The results reveal significant challenges, including reliance on manual processes, security vulnerabilities, and lack of transparency, leading to inefficiencies and mistrust among members. Approximately 60% of respondents highlighted security as a major concern, while 50% cited insufficient transparency in data sharing. The findings indicate a pressing need for improved technological integration. The study concludes that implementing a blockchain-based framework can streamline operations, enhance data security, and foster trust within SACCOS, thereby significantly improving intra-data sharing practices and operational efficiency.