Fun

News Feed - 2023-09-29 03:09:30

Ana Paula Pereira5 hours agoBuenos Aires to issue blockchain-based digital IDThe first documents available on-chain in Buenos Aires will include birth and marriage certificates, along with proof of income and academic verification.1067 Total views10 Total sharesListen to article 0:00NewsJoin us on social networksBuenos Aires, the capital of Argentina, is making a major move toward integrating its bureaucracy with blockchain technology. Starting in October, the city’s residents can access identity documents via a digital wallet, according to an announcement on Sept. 28. 


The first documents available on-chain will include birth and marriage certificates, along with proof of income and academic verification. The announcement notes that health data and payment management will be integrated in the future, and that a roadmap for rolling out the blockchain-based solution across the country will be defined by the end of 2023.


Behind the project infrastructure is QuarkID, a digital identity protocol built by Web3 firm Extrimian. QuarkID wallets are powered by zkSync Era, an Ethereum scaling protocol using zero-knowledge rollups. The technology allows one party to prove to another that a statement is true without revealing any specific information about the statement itself.¡Hola Buenos Aires! Welcome to the ZK Nation

Buenos Aires is teaming up with @Quark_ID to issue digital identification services to millions of citizens in the city, with zkSync Era serving as the anchor blockchain for the program.

Learn more: https://t.co/C2ogl1qobc

TL;DR… pic.twitter.com/H2doBrotvM— zkSync ∎ (@zksync) September 28, 2023


“This is a monumental step towards a safer and more efficient future for government services in Latin America,” said Guillermo Villanueva, CEO of Extrimian.


Data stored within the wallets will be self-sovereign, enabling citizens to manage the delivery of their credentials when interacting with government, businesses and other individuals. ZkSync Era will act as the settlement layer for QuarkID, ensuring that each citizen holds the correct credentials.


The Argentine government and the City of Buenos Aires envision their digital identity framework as being a public good. According to Diego Fernandez, Buenos Aires’ secretary of innovation:“With this development, Buenos Aires becomes the first city in Latin America, and one of the first in the world, to integrate and promote this new technology and set the standard for how other countries in the region should use blockchain technology for the benefit of their people.”


Argentine officials are investigating a similar initiative in the country, the digital ID project Worldcoin. In August, local authorities disclosed there was a probe over privacy concerns related to Worldcoin’s collection, storage and use of customer data. 


Worldcoin is also under scrutiny in Europe and Africa since its global launch in July. Founded by Sam Altman, co-founder of OpenAI, the project collects retinal scans to verify users.


Magazine: Should you ‘orange pill’ children? The case for Bitcoin kids books# Blockchain# Argentina# Identity# Latin America# Identification# zk-RollupAdd reactionAdd reactionRead moreWho invented NFTs?: A brief history of nonfungible tokensPay-to-use blockchains will never achieve mass adoptionHow AI is changing crypto: Hype vs. reality

News Feed

Iranian Association Calls for Stable Crypto Regulation as Government Plans Widespread Use of Crypto in Foreign Trade
Iranian Association Calls for Stable Crypto Regulation as Government Plans Widespread Use of Crypto in Foreign Trade Iran’s association of importers has stressed the need fo
US Bitcoin, Ethereum ETFs hit $6B volume amid market rout
Felix Ng8 hours agoUS Bitcoin, Ethereum ETFs hit $6B volume amid market routBitcoin plunged to under $50,000 at the start of US trading on Aug. 5, prompting a huge spike in trading volumes of crypto-related ETFs.5226 Tot
Binance Acquires Licensed Japanese Crypto Exchange — Prepares to Enter Japan as Regulated Entity
Binance Acquires Licensed Japanese Crypto Exchange — Prepares to Enter Japan as Regulated Entity Cryptocurrency exchange Binance has acquired a regulated Japanese cryptocurrency
How to add USDT to MetaMask wallet
Dilip Kumar Patairya1 hour agoHow to add USDT to MetaMask walletLearn how to easily transfer USDT to your MetaMask wallet and start using it on various decentralized applications (DApps).297 Total views2 Total sharesList
FTX Execs Gave $70 Million to Both Democrats and Republicans Heading Into the 2022 US Midterms
FTX Execs Gave $70 Million to Both Democrats and Republicans Heading Into the 2022 US Midterms After the collapse of FTX, a number of journalists reported on the fact that FTX exec
Navigating post-halving landscape: What to expect for Bitcoin price and network security
Tristan Greene5 hours agoNavigating post-halving landscape: What to expect for Bitcoin price and network securityWith the April Bitcoin halving looming, the future is as uncertain as ever.10598 Total views3 Total sharesL
Alchemy Pay Adds Euros Pay-in Offerings via Paytend
Alchemy Pay Adds Euros Pay-in Offerings via Paytend press release PRESS RELEASE. Singapore, February 2022 – Leading fiat and crypto payment solutions provider, Alchemy Pay (A
XTRA: The Revolution Staking Platform
XTRA: The Revolution Staking Platform sponsored XTRA is a DeFI staking platform that offers over 14,7 to 45,2% APY. It is trustless, capital-backed, secure, powerful, extremely prof
SUI Poised For Price Rally? Ascending Channel Suggests Move Toward $2.50
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Former Fed Chair Alan Greenspan: Crypto Is Too Dependent on ‘Greater Fool Theory’ to Be a Desirable Investment
Former Fed Chair Alan Greenspan: Crypto Is Too Dependent on "Greater Fool Theory" to Be a Desirable Investment Former Federal Reserve Chairman Alan Greenspan says crypto is “
PocketNet Changes Name to Bastyon and Releases Private Messaging App With PKOIN Chat Payments
PocketNet Changes Name to Bastyon and Releases Private Messaging App With PKOIN Chat Payments sponsored Bastyon’s messaging app would include end-to-end encryption, no link t
39 Firms Have Applied to Offer Crypto Services Under New Regulation, Says Dutch Central Bank
39 Firms Have Applied to Offer Crypto Services Under New Regulation, Says Dutch Central Bank Thirty-nine companies have applied for registration with the Dutch c