Index Investing News
Saturday, May 9, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Brazil Rolls Out National Digital ID Powered By Blockchain

by Index Investing News
October 1, 2023
in Cryptocurrency
Reading Time: 2 mins read
A A
0
Home Cryptocurrency
Share on FacebookShare on Twitter


Brazil is at the forefront of a new era in digital identity verification, leveraging blockchain technology to revolutionize their identification systems. This strategic move is driven by the pursuit of enhanced security, efficiency, and streamlined processes for their respective populations.

In Brazil, the government has unveiled plans to integrate blockchain technology into its national identity program, with Rio de Janeiro, Goiás, and Paraná taking the lead in this pioneering initiative.

Serpro, Brazil’s national data processing service, is spearheading the development of a private blockchain platform that will underpin the revenue service’s shared registry known as b-Cadastros.

This blockchain network will facilitate the search, issuance, and modification of new ID cards and tax registration numbers.

Blockchain In National Identity Program Of Brazil

Alexandre Amorim, the president of Serpro, underscores the pivotal role of blockchain technology in Brazil’s digital identification project, highlighting its immutability and decentralization as key attributes.

The cornerstone of this effort is the National Civil Identity Card (ICN), an advanced replacement for Brazil’s traditional paper ID cards. The key motivation behind this project is to centralize the nation’s civil identification system and utilize the ICN database for user authentication when accessing online public services.

The new ICN card is a plastic card that enables users to generate a secure digital version, complete with a printed QR code for validation.

Bitcoin slightly past the $27K territory. Chart: TradingView.com

Unification Of identity Issuance Across States

Beyond individual security and convenience, the national ID project in Brazil holds strategic importance in combating organized crime, promoting intergovernmental collaboration, simplifying service access, and streamlining administrative records.

Moreover, adopting blockchain technology facilitates data exchange among government departments, notably the Federal Revenue, a significant step toward unifying identity issuance across Brazil’s diverse landscape of nearly 30 states.

Meanwhile, in Buenos Aires, Argentina, a parallel initiative has been revealed, allowing residents to access essential identity documents such as birth certificates, marriage records, and academic verifications through a digital wallet.

This project relies on QuarkID, a solution developed by the Web3 firm Extrimian, and leverages zkSync Era, an Ethereum scaling protocol based on zero-knowledge rollups.

Guillermo Villanueva, CEO of Extrimian, highlights the monumental significance of this development for Latin American governance. He emphasizes that this initiative has the potential to set a benchmark for integrating blockchain technology for the public welfare.

Featured image from iStock



Source link

Tags: BlockchainBrazildigitalNationalPoweredrolls
ShareTweetShareShare
Previous Post

Dow Jones Futures Loom With Government Shutdown Averted; What To Do Now

Next Post

Danny Glover is Santa in Disney’s Comedy ‘The Naughty Nine’ Teaser

Related Posts

Retail Traders Get Crypto Access as Morgan Stanley Follows SoFi in Trading Push

Retail Traders Get Crypto Access as Morgan Stanley Follows SoFi in Trading Push

by Index Investing News
May 7, 2026
0

FM Daily Brief - 6 May 2026 FM Daily Brief - 6 May 2026 FM Daily Brief - 6 May...

Why Cross-Chain DEX Trading Is Becoming the New Default in Crypto

Why Cross-Chain DEX Trading Is Becoming the New Default in Crypto

by Index Investing News
May 3, 2026
0

Image source: GeminiThe manner in which individuals conduct crypto trading has changed. Not slightly but structurally. A decentralized exchange platform which...

Here’s How The Ethereum Vs. Solana Rivalry Is Going

Here’s How The Ethereum Vs. Solana Rivalry Is Going

by Index Investing News
April 29, 2026
0

Ethereum and Solana are once again under close watch as fresh data reveals how both networks are performing, with recent...

Believe Founder Arrested on Strangulation Charges as Token Collapses 99%

Believe Founder Arrested on Strangulation Charges as Token Collapses 99%

by Index Investing News
April 25, 2026
0

Key Takeaways: Pasternak, 26, was charged with second-degree strangulation and third-degree assault over a March 31 incident; he has pleaded...

Polish Parliament Stalls on Crypto Law, Local Firms Look Abroad

Polish Parliament Stalls on Crypto Law, Local Firms Look Abroad

by Index Investing News
April 21, 2026
0

Poland’s parliament, the Sejm, has yet to pass a domestic enabling act for the EU’s regulations on cryptocurrencies. The parliament has...

Next Post
Danny Glover is Santa in Disney’s Comedy ‘The Naughty Nine’ Teaser

Danny Glover is Santa in Disney's Comedy 'The Naughty Nine' Teaser

Potential return dates for Mikel Arteta’s absent stars

Potential return dates for Mikel Arteta's absent stars

RECOMMENDED

Hutchinson Testimony Jolts Justice Dept. to Focus on Trump’s Conduct Extra Brazenly

Hutchinson Testimony Jolts Justice Dept. to Focus on Trump’s Conduct Extra Brazenly

July 12, 2022
Adidas makes 7 million from Yeezy shoe sales, cutting projected loss By Reuters

Adidas makes $437 million from Yeezy shoe sales, cutting projected loss By Reuters

August 3, 2023
“Rising markets hit by worst sell-off in a long time” — Time to Diversify Internationally? : shares

“Rising markets hit by worst sell-off in a long time” — Time to Diversify Internationally? : shares

May 29, 2022
England v Finland – Preview, predictions, ideas, gives and odds

England v Finland – Preview, predictions, ideas, gives and odds

September 9, 2024
Here’s What You Need To Know About Toxic Furniture

Here’s What You Need To Know About Toxic Furniture

February 7, 2023
New Leeds boss much ditch Jack Harrison

New Leeds boss much ditch Jack Harrison

February 13, 2023
Legislation Roach Teases Zendaya’s Awards Season Appears to be like, Shares Styling Suggestions

Legislation Roach Teases Zendaya’s Awards Season Appears to be like, Shares Styling Suggestions

December 13, 2024
Coinbase Gets Registration From Bank Of Spain Amid FTX Talks

Coinbase Gets Registration From Bank Of Spain Amid FTX Talks

September 23, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In