Home / Crypto News / Government of Chile launches pilot for the use of blockchain in the process of public purchases | CriptoNoticias

Government of Chile launches pilot for the use of blockchain in the process of public purchases | CriptoNoticias

For his part, the head of the Digital Government division, Andrés Bustamante, explained the benefits of distributed accounting technology, including the possibility of encrypting data and keeping it decentralized. , protecting sensitive information and even being "more efficient than oversight".

In turn, blockchain specialist, Lucas Jolías, highlighted the potential of the tool to reduce the administrative tasks of the State and avoid corruption to which sum the possibility of following up the different phases of the processes simultaneously.

For his part, the representative of the IDB, Javier Dávila, emphasized the fact that the records of purchase orders that are uploaded to the Public Market platform will now have a digital stamp that no one can alter because any modification attempt will be recorded on the network and can be seen by all users, not only by those who administer the ChileCompra server.

Blockchain in Chilean government processes ]

With the implementation of the chain of blocks in the purchase processes of the most important electronic commerce platform in Chile, the government of that country seeks to be at the forefront of technology, and continues to innovate both in terms of public purchases like other governmental activities, taking advantage of this tool.

As proof of this, last March, the National Energy Commission of Chile (CNE) became the first governmental institution of the Chilean territory that incorporated blockchain to its internal services . Since that date, the state entity authenticates market prices, marginal costs, gas prices, as well as compliance with the ERNC law (bill that seeks to increase the percentage of non-conventional energy) using the technology of accounting distributed as a digital notary. The plan advanced last April, when the CNE implemented a new system for the process of data certification in the energy sector, all in an effort to provide transparent information to citizens.

In parallel, the Mercantile Authority of Chile has begun to discuss a possible application of blockchain for a voting system in the sector of shareholders' meetings.

Featured Image for Sikov / stock.adobe.com

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