Brazilian authorities are introducing a new national identity scheme that uses blockchain technology. The first states to issue identification documents on-chain will be Rio de Janeiro, Goiás, and Paraná.
According to a recent announcement from the government, over 214 million Brazilians will soon use blockchain technology for digital identity.
The first three states to issue identity cards on-chain using a private blockchain created by Serpro, Brazil’s national data processing agency, will be Rio de Janeiro, Goiás, and Paraná. According to a regulation issued on September 25, the entire nation should be able to create identification cards using blockchain technology by November 6.
The immutability and decentralization of blockchain makes it a suitable solution for the nation’s digital identity initiative, according to Alexandre Amorim, president of Serpro:
“Blockchain technology is essential for safeguarding private information and eliminating fraud, providing Brazilians with a more secure online experience. The National Identity Card project’s security and dependability have been greatly improved by using the b-Cadastros blockchain technology.”
The national ID initiative is essential, according to the local government, in tackling organized crime, enabling government sectors to collaborate, providing a more straightforward method to access services, and simplifying administrative records. A similar project, allowing people to access identity papers through a digital wallet, was recently announced by the city of Buenos Aires in Argentina.
Brazil has been attempting to standardize identification issuing throughout its almost 30 states for the past three years. According to the release, the newly adopted technology would enable a more secure data interchange between the Federal Revenue and other government agencies.
An future digital currency issued by the central bank is another important development in the nation. In August, the government provided further details on the initiative and changed the name of the digital currency to Drex.
The central bank intends to increase corporate access to finance via a tokenization system connected to the Drex, according to earlier reports. According to a local developer, the Drex code was found to enable a central authority to freeze payments or lower balances.
