The government recently announced that more than 214 million Brazilians will soon use blockchain technology for digital identification.
Rio de Janeiro, Goiás and Paraná will be the first states to issue identity documents on-chain via private blockchain developed Provided by the Brazilian national data processing service Serpro. A decree issued on September 25 said that by November 6, identity documents should be issued nationwide through blockchain technology.
Serpro President Alexandre Amorim said that the immutability and decentralized nature of blockchain make it an ideal technology for the country’s digital identification project:
“Blockchain technology plays a key role in protecting personal data and preventing fraud, providing Brazilian citizens with a safer digital experience. Utilizing the b-Cadastros blockchain platform can significantly enhance the security and reliability of the national identity card project. “
According to the local government, the National Identification Project is critical to combating organized crime, allowing government departments to collaborate, providing easier access to services, and streamlining administrative records. The Argentinian city of Buenos Aires also revealed a similar initiative to allow residents to access and withdraw their identity documents through digital wallets.
Over the past few years, Brazil has been working to unify identity issuance across nearly 30 states. The announcement stated that the newly adopted technology will make the exchange of information between the Federal Tax Service and government departments more secure.
The issuance of National Identity Cards (CIN) now has blockchain security. Find out what’s changed in the document and see all the details that make the new Brazilian ID card more secure than ever!https://t.co/G2MigNkG1J
— Serpro (@SERPRO) September 25, 2023
Another major development in the country is the upcoming launch of a central bank digital currency (CBDC). The government released more information about the project in August, renaming the digital currency Drex.
According to previous reports, the central bank plans to expand corporate access to capital through a tokenization system linked to Drex. According to local developers, the Drakes code was found to allow central agencies to freeze funds or reduce balances.
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