As Brazil and Argentina move forward with new citizen identity systems, they are developing blockchain-based networks to enhance the security of sensitive data.
Blockchain adoption is on the rise in Latin America as citizens in the region are increasingly inclined towards transacting using cryptocurrencies. The trend has been gaining traction since El Salvador became the first nation in the world to adopt Bitcoin as an official form of currency in 2021.
I hate when an article about a possible good use of blockchain like in a national id shoves in mention of bitcoin one of the worst usese of blockchain.
Can you explain why a national ID is a good possible use of blockchain from your point of view?
A national ID is inherently bound to a central authority, the nations government. What are the advantages of a blockchain in this scenario compared to a traditional central database?
It is not necessarily the best way but keep in mind that blockchain does not mean peer to peer. The government systems can retain the ability to be authoritative.
Yeah I don't have an answer. I could look it up but my comment was not blockchain is the best thing to use for this scenario but that this was a better use of blockchain than crypto (the real but is I dont' feel like it atm).
Although I think that ID verification is a goid use case for blockchain, I'm reluctant to agree here as the article leaves a lot of questions about its implementation unanswered.
@HubertManne, you appear to say that crypto -and thus payment networks- are not a good use case for blockchain. If I got that right, why do you think that if I may ask?