Rio de Janeiro Archives - Coin Engineer https://coinengineer.net/blog/tag/rio-de-janeiro/ Btc, Coins, Pre-Sale, DeFi, NFT Mon, 02 Oct 2023 08:17:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png Rio de Janeiro Archives - Coin Engineer https://coinengineer.net/blog/tag/rio-de-janeiro/ 32 32 Brazil Prepares to Implement Blockchain-Based Digital Identity! https://coinengineer.net/blog/brazil-prepares-to-implement-blockchain-based-digital-identity/ https://coinengineer.net/blog/brazil-prepares-to-implement-blockchain-based-digital-identity/#respond Mon, 02 Oct 2023 08:17:45 +0000 https://coinengineer.io/blog/?p=4607 Brazil prepares to implement blockchain-based digital Identity! According to a statement by the Brazilian government, over 214 million citizens will soon be using blockchain-based digital identities. The states of Rio de Janeiro, Goiás, and Paraná, where the blockchain identities developed by Serpro will be first used, were pivotal to this step. According to a decree

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]]> Brazil prepares to implement blockchain-based digital Identity! According to a statement by the Brazilian government, over 214 million citizens will soon be using blockchain-based digital identities. The states of Rio de Janeiro, Goiás, and Paraná, where the blockchain identities developed by Serpro will be first used, were pivotal to this step. According to a decree published on September 25, every citizen of the country will be able to get their identity documents via blockchain technology by November 6.

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According to Serpro’s president Alexandre Amorim, blockchain’s decentralized and immutable nature makes it the most appropriate technology for Brazil’s identity project. Amorim said, “Blockchain technology plays a critical role in protecting personal data and preventing fraud, providing Brazilian citizens with a safer digital experience. The utilized b-Registries blockchain platform significantly enhances the security and reliability of the National Identity Card project.”

According to the government’s statement, the identity project will play a crucial role in areas such as combating organized crime, enabling public sectors to collaborate more effectively, easier access to services, and regulation of administrative records. For the last few years, Brazil has been trying to unify 30 provinces regarding identity. It is emphasized in the announcement that secure data exchange will be provided with the new steps.

Another important development in the country is the upcoming Central Bank Digital Currency (CBDC) project. The government rebranded the digital currency as “Drex” after introducing the project in more detail in August.

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