The Argentine capital, Buenos Aires, is preparing to introduce blockchain technology to millions of its citizens through the implementation of their digital identities. This move comes in the context of the growing adoption of blockchain technology across various sectors and reflects the government’s commitment to improving digital transformation and providing better services to its citizens.
The implementation of a blockchain-based digital identity is expected to contribute to enhancing security and efficiency in government services. The ability to securely store citizens’ data on the blockchain helps in safeguarding personal information and reducing the risk of fraud.
The wallet, known as Quarkid, is supposed to allow its users to exercise full ownership of their data, granting access only to trusted and authorized third parties, formerly known as Tangoid, and it was expected to be operational by January of last year.