Blockchain
Argentina’s government has created a national Blockchain Committee to create the guidelines for a state level blockchain adoption strategy. Argentina noted in a document the importance and potential benefits of using blockchain to transform the country.
Argentina forms a National Blockchain Committee
More countries are beginning to look into how blockchain tech could improve their public functions. Argentina recently published its national guidelines for blockchain technology.
The document, presented on Dec. 7, also creates a national blockchain committee, that will have the responsibility to “act as an interlocutor in the local blockchain ecosystem promoting the interoperability of blockchain technologies and a good government.”
The Public Innovation Secretariat, along with other government agencies, will create the committee. The framework does not include details about these organizations.
Areas of Interest
The government issued a framework outlining the possible uses for blockchain technology to support state-exclusive functions. Given the complexity and size of certain governmental structures, it is likely that blockchain technology will be useful in auditing. The blockchain is proposed to serve two purposes: it will allow citizens to see how public funds are being invested and centralize all public processes in one place.
The second is citizen identification. The Argentine government believes that blockchain could be used to help in identification by avoiding the forgery of IDs and other documents issued from authorities. A blockchain-based system would allow third parties to verify the validity and ease of use.
There are already blockchain-based initiatives in this area. As part of a digitization push, the city of Buenos Aires has been implementing Tangoid. It is expected to go live in January. As part of a regulatory experiment, the city will also operate Ethereum nodes.