Breaking: Brazil Launches Blockchain-Powered National Digital ID

Kelvin Munene Murithi
October 1, 2023
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Just In: Brazil's Congress Introduces Bill To Create Strategic Bitcoin Reserve

As nations globally grapple with the need for more secure identification systems, Brazil and Buenos Aires are making significant strides, ushering in a new era of digital identity verification. Both regions have embraced blockchain technology to deliver more secure, efficient, and streamlined processes for their citizens.

Advertisement
Advertisement

Brazil’s Leap Towards A Unified System

Brazil’s government recently announced the integration of blockchain technology into its national identity program. Rio de Janeiro, Goiás, and Paraná are the three states set to pioneer this initiative. These areas are gearing up to issue identification documents using a blockchain system.

Significantly, Serpro, Brazil’s national data processing service, is responsible for developing this private blockchain platform. Alexandre Amorim, Serpro’s president, articulated that the immutability and decentralization of blockchain make it ideally suited for this application. He highlighted how these attributes contribute to protecting personal data and preventing fraud.

Moreover, adopting this technology also aims to strengthen data exchange between government departments, particularly the Federal Revenue. This step is notable for Brazil’s effort to unify identity issuance across its vast landscape of almost 30 states.

In a separate yet significant move, Brazil unveiled plans for its central bank digital currency, Drex. This development indicates the nation’s commitment to digital solutions for better governance and finance.

Advertisement
Advertisement

Buenos Aires Follows Suit

Meanwhile, Buenos Aires, Argentina’s capital, announced its endeavour to merge administrative processes with blockchain technology. From October, residents can access identity documents through a digital wallet, including birth certificates, marriage records, and academic verifications.

The technological backbone of this project is QuarkID, designed by the Web3 firm Extrimian. This system relies on zkSync Era, an Ethereum scaling protocol harnessing the power of zero-knowledge rollups.

Guillermo Villanueva, CEO of Extrimian, remarked on the monumental significance of this development for Latin American governance. He emphasized the potential for setting a benchmark in integrating this technology for public welfare.

Advertisement
coingape google news coingape google news
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Kelvin Munene is a crypto and finance journalist with over 5 years of experience, offering in-depth market analysis and expert commentary . With a Bachelor's degree in Journalism and Actuarial Science from Mount Kenya University, Kelvin is known for his meticulous research and strong writing skills, particularly in cryptocurrency, blockchain, and financial markets. His work has been featured across top industry publications such as Coingape, Cryptobasic, MetaNews, Cryptotimes, Coinedition, TheCoinrepublic, Cryptotale, and Analytics Insight among others, where he consistently provides timely updates and insightful content. Kelvin’s focus lies in uncovering emerging trends in the crypto space, delivering factual and data-driven analyses that help readers make informed decisions. His expertise extends across market cycles, technological innovations, and regulatory shifts that shape the crypto landscape. Beyond his professional achievements, Kelvin has a passion for chess, traveling, and exploring new adventures.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.