BPOI Banner
Buenos Aires Partners With ZKSync for Blockchain-Based Digital Identity Buenos Aires Partners With ZKSync for Blockchain-Based Digital Identity

How Buenos Aires Will Onboard 3.6 Million Citizens to Blockchain

The City of Buenos Aires has announced a new collaboration with ZKSync, allowing 3.6 million citizens to use blockchain technology for their digital identity. Over 60 documents are accessible through this platform.

QuarkID, the new system, is built on a previous digital identity program, ensuring greater privacy and security through trustless blockchain technology.

Argentina’s Blockchain Platform

Buenos Aires and ZKSync announced QuarkID on October 22, promising to prioritize individual privacy. QuarkID will use blockchain technology and zero-knowledge cryptography to give 3.6 million eligible citizens new access to government services.

Read More: What Is Digital Identity?

ZkSync joined this project after a period of all-time valuation lows. By July 2024, the network’s active addresses dropped by 66%, and its ZK token has seen consistent doldrums since. A new high-profile collaboration like this could give the company added notoriety and contribute to a rebound.

ZkSync Price Performance. Source: BeInCrypto

This QuarkID program was built on top of miBA, Buenos Aires’ preexisting digital profile platform. All miBA users now have access to this blockchain solution, which offers several upgrades. In short, QuarkID focuses on backend enhancement; a similar user experience, but behind-the-scenes trustless software keeps personally identifiable information off government servers.

The incorporation of zero-knowledge blockchain technology into the City’s digital identity system is…[a] milestone that positions us globally… and… demonstrates that… Buenos Aires is at the forefront of innovation. [It] is a fundamental step toward… more secure and transparent digital solutions,” said Jorge Macri, Chief of Government of the City of Buenos Aires.

This digital identity program is just one step in the widespread adoption of crypto and blockchain in Argentina. Since the pro-Bitcoin candidate Javier Milei won the Presidential election last year, many new endeavors under the Web3 umbrella have begun there. Hence, Buenos Aires, the capital of Argentina, serves as a natural starting point for such initiatives.

Read More: Crypto Adoption in Argentina: Everything To Know

In summary, QuarkID aims to offer millions of users a secure option for many government services. Birth, marriage, and death certificates, driver’s licenses and vaccine records, tax information, and over 60 other documents will be available. Moreover, ZkSync’s trustless blockchain technology will keep all this information private for Argentinian citizens.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

Source link

Landon Manning

https://beincrypto.com/buenos-aires-blockchain-digital-identity/

2024-10-23 04:43:36

bitcoin
Bitcoin (BTC) $ 66,708.87 1.15%
ethereum
Ethereum (ETH) $ 2,523.69 3.88%
tether
Tether (USDT) $ 0.999765 0.04%
bnb
BNB (BNB) $ 584.70 1.45%
solana
Solana (SOL) $ 171.49 2.22%
usd-coin
USDC (USDC) $ 1.00 0.09%
xrp
XRP (XRP) $ 0.52627 1.41%
staked-ether
Lido Staked Ether (STETH) $ 2,522.77 3.92%
dogecoin
Dogecoin (DOGE) $ 0.139454 0.30%
tron
TRON (TRX) $ 0.160379 0.12%
the-open-network
Toncoin (TON) $ 5.13 1.71%
cardano
Cardano (ADA) $ 0.350151 3.92%
avalanche-2
Avalanche (AVAX) $ 26.76 3.15%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,977.46 4.04%
shiba-inu
Shiba Inu (SHIB) $ 0.000018 2.85%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 66,506.82 1.45%
weth
WETH (WETH) $ 2,523.66 3.91%
chainlink
Chainlink (LINK) $ 11.32 5.59%
bitcoin-cash
Bitcoin Cash (BCH) $ 347.90 2.84%
polkadot
Polkadot (DOT) $ 4.21 2.74%
uniswap
Uniswap (UNI) $ 7.86 2.07%
dai
Dai (DAI) $ 1.00 0.12%
near
NEAR Protocol (NEAR) $ 4.66 0.78%
leo-token
LEO Token (LEO) $ 6.06 0.89%
sui
Sui (SUI) $ 1.99 2.30%
litecoin
Litecoin (LTC) $ 70.19 0.32%
aptos
Aptos (APT) $ 9.96 3.76%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,651.14 3.90%
pepe
Pepe (PEPE) $ 0.00001 2.72%
bittensor
Bittensor (TAO) $ 526.73 3.62%
internet-computer
Internet Computer (ICP) $ 8.14 2.34%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.32 2.41%
kaspa
Kaspa (KAS) $ 0.130812 4.41%
monero
Monero (XMR) $ 156.90 0.30%
stellar
Stellar (XLM) $ 0.094547 0.66%
ethereum-classic
Ethereum Classic (ETC) $ 18.64 2.12%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.355409 2.89%
blockstack
Stacks (STX) $ 1.80 0.73%
first-digital-usd
First Digital USD (FDUSD) $ 1.00 0.28%
whitebit
WhiteBIT Coin (WBT) $ 18.30 0.63%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.08%
dogwifcoin
dogwifhat (WIF) $ 2.51 3.21%
immutable-x
Immutable (IMX) $ 1.47 2.79%
okb
OKB (OKB) $ 39.44 1.44%
aave
Aave (AAVE) $ 149.62 2.11%
arbitrum
Arbitrum (ARB) $ 0.559667 3.59%
filecoin
Filecoin (FIL) $ 3.69 2.91%
optimism
Optimism (OP) $ 1.72 1.02%
crypto-com-chain
Cronos (CRO) $ 0.07598 1.53%
render-token
Render (RENDER) $ 5.10 2.13%