• Home
  • Blockchain
  • Introducing Blockchain Digital ID in Buenos Aires: A Revolutionary Step
Introducing Blockchain Digital ID in Buenos Aires: A Revolutionary Step

Introducing Blockchain Digital ID in Buenos Aires: A Revolutionary Step

Buenos Aires Implements Digital Wallet for Identity Documents

Buenos Aires, the capital city of Argentina, is taking a progressive step in its governmental operations by introducing a digital wallet system for identity documents. As of October, the city’s 15 million residents will be able to access their essential credentials, such as birth and marriage certificates, through this digital platform. They can also retrieve proof of income and academic verification digitally. The government plans to expand this blockchain-based solution nationwide by 2023, integrating health data and payment management in the near future.

QuarkID and zkSync Era Collaborate

The digital identity protocol behind this project is QuarkID, developed by Web3 firm Extrimian. QuarkID wallets are supported by zkSync Era, an Ethereum scaling protocol that utilizes zero-knowledge rollups (ZK-rollups). This technology allows one entity to verify the truth of a statement to another without revealing any specific information about the statement. Guillermo Villanueva, CEO of Extrimian, believes this development will lead to a more secure and efficient future for government services in Latin America.

Buenos Aires Sets the Blockchain Gold Standard

Diego Fernandez, Buenos Aires’ secretary of innovation, emphasizes that this initiative solidifies the city’s position as a pioneer in digital identity in Latin America. The goal is to make their digital identity framework a public good and showcase the benefits of blockchain technology to other Latin American countries. However, there are concerns regarding another digital ID project called Worldcoin, led by Sam Altman. Privacy issues have been raised regarding its methodology of collecting retinal scans for user verification.

Hot Take: Buenos Aires Leads the Way in Digital Identity Transformation

Buenos Aires’ implementation of a digital wallet system for identity documents marks a significant milestone in the region’s digital transformation. By leveraging blockchain technology and secure protocols like QuarkID and zkSync Era, the city is paving the way for more efficient and self-sovereign government services. The expansion of this initiative nationwide by 2023 demonstrates Buenos Aires’ commitment to setting the gold standard for other Latin American countries. However, privacy concerns surrounding other digital ID projects highlight the need for responsible and transparent implementation.

Read Disclaimer
This content is aimed at sharing knowledge, it's not a direct proposal to transact, nor a prompt to engage in offers. Lolacoin.org doesn't provide expert advice regarding finance, tax, or legal matters. Caveat emptor applies when you utilize any products, services, or materials described in this post. In every interpretation of the law, either directly or by virtue of any negligence, neither our team nor the poster bears responsibility for any detriment or loss resulting. Dive into the details on Critical Disclaimers and Risk Disclosures.

Share it

Introducing Blockchain Digital ID in Buenos Aires: A Revolutionary Step