Buenos Aires developing blockchain-based ID system for residents

posted 4 months ago
A blockchain-based digital identity (ID) system is being developed in Buenos Aires, Argentina. Tech firm NEC Argentina, NGO Bitcoin Argentina, and IDB Lab (a division of the Inter-American Development Bank Group) signed an agreement to develop the blockchain system, aimed at improving access to "quality goods and services" for inhabitants of Buenos Aires.

The 4 year project looks to provide a blockchain-based digital identity to all residents of the city, which could improve access to financial services, especially for people living below the poverty line. Project team leader at IDB Lab Erika Molina said "By consolidating trustworthy, accessible, and relevant digital identities, the project ultimately aims to increase access to goods and services for the residents..."
Tags: blockchain, news