To establish the guidelines for a state-level blockchain adoption strategy, the government of Argentina has established a national blockchain committee. In a document, Argentina discusses the significance of this technology for the future and lists a number of applications that could profit from the adoption of blockchain technology for the nation's digital transformation.
The National Blockchain Committee in Argentina
More and more nations are now investigating how implementing blockchain technology can enhance some of their public services. Argentina recently published its country's blockchain regulations.
A national blockchain committee is also established by the document, which was unveiled on December 7. This committee's duties include "acting as an interlocutor in the local blockchain ecosystem, supporting the interoperability of blockchain technology and a good governance."
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.
The blueprint released by the government outlines a number of ways that blockchain technology could support state-exclusive operations. The first area in which it is profiled to have uses is in auditing, given the large size and scope of some governmental structures. In this sense, blockchain is suggested as a component that will serve two purposes: assisting citizens in understanding how the state is investing public cash, and centralizing all public activities under one structure.
The identification of citizens is the second topic. The Argentine government believes that blockchain technology could be helpful in facilitating identification procedures by preventing the falsification of identification cards and other official documents. By setting up a framework around blockchain, third parties would have easy access to verifying the legitimacy of these documents.
There are currently initiatives using blockchain to accomplish this. As part of a push toward digitisation, the city of Buenos Aires is now building a system called Tangoid; it is anticipated to be operational in January. The municipality will also run Ethereum nodes as a test to investigate the cryptocurrency's inner workings and better comprehend it for regulatory purposes.