Argentina Organizes National Blockchain Committee to Implement State-Level Strategy – Blockchain Bitcoin News

The government of Argentina has appointed a national blockchain committee to establish the directives for a strategy for the adoption of blockchain at the state level. In a document, Argentina notes the importance of this technology for the future and presents several use cases that will benefit from the introduction of blockchain for the digital transformation of the country.

Argentina forms National Blockchain Committee

More and more countries are now looking at how the implementation of blockchain technology can improve some of their public functions. Argentina has recently issued its national blockchain guidelines.

The document, presented on December 7, also creates a national blockchain committee, which will be charged with “acting as an interlocutor in the local blockchain ecosystem promoting the interoperability of blockchain technologies and good government.”

The committee will be put together by the Public Innovation Secretariat and other organizations in the state that will develop blockchain-based public guidelines and technological solutions. However, these other organizations called to be part of the committee are not detailed as part of the issued framework.

Areas of interest

The framework issued by the government presents several uses that blockchain technology can have to help government-exclusive functions. The first area where it is profiled to have areas of use is within auditing, given the large size and scope of some government structures. Blockchain is proposed as an element that will fulfill two functions in this regard: helping citizens to see how the state invests public funds, and centralizing all public processes using one structure.

The second area has to do with citizen identification. The Argentine government believes that blockchain can be useful in helping identification processes by avoiding forgery of IDs and other government-issued documents. Organizing a system around the blockchain will provide third parties with easy ways to verify the validity of these documents.

In this regard, there are already initiatives using blockchain for this purpose. The city of Buenos Aires is currently implementing a system called Tangoid, and expects it to be operational in January as part of a digitization push. The city will also run Ethereum nodes as an experiment to investigate the inner workings of the cryptocurrency, to better understand it for regulatory purposes.

What do you think of the new Argentine Blockchain Committee and its goals? Tell us in the comments section below.

Sergio Goschenko

Sergio is a cryptocurrency journalist based in Venezuela. Describing himself as late to the game, he entered the cryptosphere when the price spike occurred during December 2017. He has a computer engineering background, lives in Venezuela and is influenced by the cryptocurrency boom on a social level, offering a different point of view on crypto success and how it helps the unbanked and underserved.

Image credit: Shutterstock, Pixabay, Wiki Commons