Argentina Organizes National Blockchain Committee to Implement State Level Strategy

1

Argentina blockchain

The government of Argentina has designated a national blockchain committee in order to establish the directives for a state-level blockchain adoption strategy. In a document, Argentina remarks on the importance of this tech for the future and presents several use cases that would benefit from the introduction of blockchain for the digital transformation of the country.

Argentina Forms National Blockchain Committee

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

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 committee will be constituted by the Public Innovation Secretariat and other organizations of the state that will develop blockchain-based public policies and tech solutions. However, these other organizations that are 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 might have in aiding state-exclusive functions. The first area in which it is profiled to have uses is in auditing, given the large size and scope of some governmental structures. Blockchain is proposed as an element that will fulfill two functions in this regard: helping citizens to see how the state is investing public funds, and centralizing all of the public processes using one structure.

The second area has to do with citizen identification. The Argentine state considers that blockchain might be useful to aid in identification processes by avoiding forgeries of IDs and other documents issued by the authorities. Organizing a system around blockchain would give third parties simple ways of confirming 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 operative in January as part of a digitization push. The city will also run Ethereum nodes as an experiment to examine the inner workings of the cryptocurrency, to understand it better for regulatory purposes.

What do you think about the new Argentine blockchain committee and its objectives? Tell us in the comments section below.

Comments are closed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

bitcoin
Bitcoin (BTC) $ 26,815.18
ethereum
Ethereum (ETH) $ 1,866.84
tether
Tether (USDT) $ 1.01
bnb
BNB (BNB) $ 304.47
usd-coin
USD Coin (USDC) $ 0.998829
xrp
XRP (XRP) $ 0.508918
staked-ether
Lido Staked Ether (STETH) $ 1,865.28
cardano
Cardano (ADA) $ 0.365199
dogecoin
Dogecoin (DOGE) $ 0.071791
matic-network
Polygon (MATIC) $ 0.891341
solana
Solana (SOL) $ 20.68
litecoin
Litecoin (LTC) $ 94.77
tron
TRON (TRX) $ 0.075130
polkadot
Polkadot (DOT) $ 5.21
binance-usd
Binance USD (BUSD) $ 1.00
shiba-inu
Shiba Inu (SHIB) $ 0.000008
avalanche-2
Avalanche (AVAX) $ 14.16
dai
Dai (DAI) $ 1.00
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 26,891.20
uniswap
Uniswap (UNI) $ 5.00
leo-token
LEO Token (LEO) $ 3.59
chainlink
Chainlink (LINK) $ 6.37
cosmos
Cosmos Hub (ATOM) $ 10.34
okb
OKB (OKB) $ 45.81
monero
Monero (XMR) $ 147.94
the-open-network
Toncoin (TON) $ 1.78
ethereum-classic
Ethereum Classic (ETC) $ 17.82
stellar
Stellar (XLM) $ 0.091266
bitcoin-cash
Bitcoin Cash (BCH) $ 113.12
internet-computer
Internet Computer (ICP) $ 4.70
true-usd
TrueUSD (TUSD) $ 1.00
filecoin
Filecoin (FIL) $ 4.71
lido-dao
Lido DAO (LDO) $ 2.09
aptos
Aptos (APT) $ 8.57
quant-network
Quant (QNT) $ 115.17
hedera-hashgraph
Hedera (HBAR) $ 0.050825
crypto-com-chain
Cronos (CRO) $ 0.058748
arbitrum
Arbitrum (ARB) $ 1.15
vechain
VeChain (VET) $ 0.019946
near
NEAR Protocol (NEAR) $ 1.56
the-graph
The Graph (GRT) $ 0.131043
apecoin
ApeCoin (APE) $ 3.09
algorand
Algorand (ALGO) $ 0.148133
the-sandbox
The Sandbox (SAND) $ 0.560904
paxos-standard
Pax Dollar (USDP) $ 0.999494
frax
Frax (FRAX) $ 0.998874
edgecoin-2
Edgecoin (EDGT) $ 1.00
eos
EOS (EOS) $ 0.886114
rocket-pool
Rocket Pool (RPL) $ 48.89
elrond-erd-2
MultiversX (EGLD) $ 36.90
render-token
Render (RNDR) $ 2.52
aave
Aave (AAVE) $ 62.91
optimism
Optimism (OP) $ 1.39
fantom
Fantom (FTM) $ 0.313579
decentraland
Decentraland (MANA) $ 0.472281
theta-token
Theta Network (THETA) $ 0.837081
blockstack
Stacks (STX) $ 0.600406
tezos
Tezos (XTZ) $ 0.890971
rocket-pool-eth
Rocket Pool ETH (RETH) $ 2,003.25
axie-infinity
Axie Infinity (AXS) $ 6.99
flow
Flow (FLOW) $ 0.721579
immutable-x
ImmutableX (IMX) $ 0.746366
havven
Synthetix Network (SNX) $ 2.34
usdd
USDD (USDD) $ 0.999761
bitdao
BitDAO (BIT) $ 0.502986
gala
GALA (GALA) $ 0.029775
neo
NEO (NEO) $ 10.16
kucoin-shares
KuCoin (KCS) $ 7.37
whitebit
WhiteBIT Token (WBT) $ 4.92
radix
Radix (XRD) $ 0.067420
curve-dao-token
Curve DAO (CRV) $ 0.815814
bitget-token
Bitget Token (BGB) $ 0.463028
bitcoin-sv
Bitcoin SV (BSV) $ 32.44
conflux-token
Conflux (CFX) $ 0.283908
gatechain-token
Gate (GT) $ 4.29
injective-protocol
Injective (INJ) $ 7.37
maker
Maker (MKR) $ 641.38
gemini-dollar
Gemini Dollar (GUSD) $ 1.00
klay-token
Klaytn (KLAY) $ 0.184052
iota
IOTA (MIOTA) $ 0.201955
bittorrent
BitTorrent (BTT) $ 0.000001
kava
Kava (KAVA) $ 0.993854
pepe
Pepe (PEPE) $ 0.000001
chiliz
Chiliz (CHZ) $ 0.100764
xdce-crowd-sale
XDC Network (XDC) $ 0.037959
pax-gold
PAX Gold (PAXG) $ 1,980.89
casper-network
Casper Network (CSPR) $ 0.046841
sui
Sui (SUI) $ 0.958438
tokenize-xchange
Tokenize Xchange (TKX) $ 6.32
terra-luna
Terra Luna Classic (LUNC) $ 0.000085
mina-protocol
Mina Protocol (MINA) $ 0.537581
compound-ether
cETH (CETH) $ 37.61
tether-gold
Tether Gold (XAUT) $ 1,979.63
huobi-token
Huobi (HT) $ 2.96
dash
Dash (DASH) $ 42.07
frax-share
Frax Share (FXS) $ 6.59
ecash
eCash (XEC) $ 0.000024
gmx
GMX (GMX) $ 53.62
trust-wallet-token
Trust Wallet (TWT) $ 1.07
frax-ether
Frax Ether (FRXETH) $ 1,866.25