Skip to main content

Buenos Aires to Bring Blockchain-Based Digital ID to Millions of Citizens

Buenos Aires to Bring Blockchain Based Digital ID to Millions of Citizens

The city of Buenos Aires has announced that it will roll out a blockchain-based, privacy-focused digital ID wallet starting in October. The Quarkid project, previously known as Tangoid, will allow its users to download a “self-sovereign” wallet to hold their birth and marriage certificates, with more digital documents to be added later this year.

Buenos Aires to Roll Out Blockchain-Based ID Program

The City of Buenos Aires government announced the deployment of a digital, blockchain-based “self-sovereign” ID project for its citizens. The wallet, called Quarkid, formerly known as Tangoid and scheduled to be operating by last January, will supposedly allow its users to exert full ownership of their data, granting only trusted and permissioned third parties access.

The Quarkid wallet will use Zksync Era, a zero-knowledge (ZK) Ethereum L2 (Layer 2) protocol, as its base, allowing the use of this kind of mathematical proof for privacy and confidentiality purposes. Quarkid was co-created by Extrimian, an Argentine institutionally focused blockchain services company, which aims to extend this service to the whole country.

On the significance of this move, Extrimian CEO Guillermo Villanueva stated:

This is a monumental step towards a safer and more efficient future for government services in Latin America. Quarkid creates a closer relationship between a government and its citizens while also bringing digital identity practices and security standards to Latin America.

Document Availability and Future

The first phase of the rollout of Quarkid will start in October, with the government of Buenos Aires allowing citizens to claim basic documents, including birth and marriage certificates. However, later this year, in November, citizens of Buenos Aires will be able to claim documents like proof-of-income and academic verification using their Quarkid wallets. At the end of this year, the government will design a roadmap to expand its services to more than 2.5 million citizens.

Diego Fernandez, Secretary of Innovation of Buenos Aires and one of the supporters behind the idea of digital identity, explained that with this innovation, the city would “set the standard for how other countries in the region should use blockchain technology for the benefit of their people.”

Furthermore, Quarkid hopes to extend its implementation to all 45 million citizens in Argentina eventually. From there, it aims to use this experience as a launchpad for a potential collaboration with the market in Latin America.

What do you think about Quarkid and the adoption of digital identity in Buenos Aires? Tell us in the comments section below.



from Bitcoin News https://ift.tt/yXCjaKD

Comments

Popular posts from this blog

Wallet Bot on Telegram Adds Bitcoin Support to Web Interface Following Tether Integration 

Telegram users can now buy, sell, and send bitcoin, as the leading cryptocurrency has been integrated into the Wallet bot on the popular messaging application. The bitcoin support follows the wallet’s recent tether integration, which enables users to transact with the stablecoin as well. Over a Billion Telegram Users Can Now Transfer Bitcoin in Chats On Friday, April 21, the @wallet bot on Telegram announced the addition of bitcoin (BTC) support to its web interface. The development team explained that previously, the leading cryptocurrency by market capitalization was only accessible in the text bot. “Now, all @wallet users will be able to take full advantage of our web interface,” the announcement on Telegram details. Telegram is extremely popular among cryptocurrency users, and according to a report from April 2023, the messaging app has an estimated 1.068 billion users. Bitcoin.com News confirmed that BTC has been added, as our publication tested the @wallet bot on Telegram

Solana’s Rocky Start to 2024 — SOL’s Value Dips Over 6% Amidst Previous Year’s Highs

During the initial week of 2024, the digital currency solana experienced a sharp decline, shedding over 6% in value. This downturn has relegated the crypto asset to the fifth position in market rank, as it oscillates beneath the $100 threshold on Saturday, Jan. 6, 2024. 2024 Brings Chill to Solana’s Market Performance After surging by over 700% in 2023, solana (SOL) has experienced a cool-off period. In the last week, SOL dipped slightly more than 6%, yet it still boasts a 46% increase against the U.S. dollar over the preceding month. As of Jan. 6, 2024, SOL’s intraday value fluctuated between a high near $100 and a low of $92.23, trading at $96.75 per unit at 12:51 p.m. Eastern Time. Notably, SOL commands significant influence in South Korea’s market, trading at $99 on Upbit and $98.81 on Bithumb, surpassing the global average of $96 per unit as noted on aggregate market sites. Tether ( USDT ) is SOL’s primary pair, constituting over 67% of all solana trades, followed by the U.S

LendFi Revolutionizes DeFi Landscape With Comprehensive App Launch

PRESS RELEASE. In an exhilarating development for the decentralized finance (DeFi) community, LendFi announces the launch of its innovative app, now available for download on both the iOS Store and Google PlayStore. This groundbreaking app introduces a suite of utility features designed to enhance user experience and financial empowerment. Among these are staking, peer-to-peer (P2P) […] from Bitcoin News https://ift.tt/2ZOt0Vv