What is Algorithmic Transparency ?
‘Algorithmic Transparency’ is the openness related to an algorithm’s purpose and major functionalities.
Although full algorithmic transparency can only be achieved by open-source coding, it is not possible in the case of paid software. Hence, an ideal solution is to have the government create an institution that audits the source codes and releases them only after it undergoes the inspection.
Major software companies all over the world are working towards algorithmic transparency to become more trustworthy for their customers. However, they also need to maintain some amount of opaqueness to protect their intellectual property from being published.