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Colombia Issues Guide for Implementing Blockchain for Public Projects in the Country

  • Ralph Smith
  • 08/07/2022
  • 2 minute read
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Colombia’s Ministry of Information Technology and Communications (Mintic) has issued a guide describing the steps for implementing blockchain in projects directed at the national level. The document defines the blockchain and its basic elements, and also describes some guidelines for projects to follow, depending on the needs of each project.

Colombia issued guidelines for blockchain projects

More and more governments are including blockchain in projects that require transparency and decentralization. Colombia’s main technology agency, the Ministry of Information Technology and Telecommunications, has issued a guide that explains how blockchain should be incorporated into projects aimed at solving problems at the government and state level.

Thisdocumententitled “Reference Guide for the adoption and implementation of projects with blockchain technology for the Colombian State The document describes the basics of blockchain and the types of projects that can benefit from integrating blockchain into their services. In this regard, the document states.

Blockchain technology projects in the public sector require a detailed consideration of the requirements of the public problem to be solved and the usability that a decentralized database would have for the type of project.

In addition, the document states that the implementation of this technology should follow the country’s current legal framework, which obliges state institutions to comply with what is explicitly set forth in Colombian law.

Blockchain Projects in Development

Colombia has already identified several problems that can be solved using blockchain technology. The document mentions several projects, including RITA, a network developed by the National University that uses blockchain to verify the security and authenticity of degree certificates, and the partnership that Banco Colombia has signed with R3 to use Corda for a variety of payment cases.

Recently, a new application of blockchain technology was announced by Mintic, which aims to help citizens in need of their own land certificates; recently completed by a third-party company called Peersyst Technology, this The project will be based on Ripple Ledger to register and verify the authenticity of these certificates. The project aims to accelerate the process of issuing these land certificates, with the goal of delivering 100,000 certificates to landowners in a short period of time.

Brazil is also promoting its own blockchain-based network. Called the Brazilian Blockchain Network, the structure will be used by agencies to build their own apps on top of it, with the idea of increasing transparency in public organizations.

Image credits: Shutterstock, Pixabay, Wiki Commons

Ralph Smith

Cryptocurrency geek. Met with Bitcoin and altcoins back in 2011, when the price of BTC was about 10$. Writing articles since 2014 to these days.

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