Buenos Aires Might Implement Blockchain Systems to Make Social Aid Payments – Many systems are making use of blockchain due to the traceability that this tech can really bring to any implementation. A lawmaker for the city of Buenos Aires, senator Dario Nieto is proposing to use blockchain as a fundamental part of a system to manage social aid payments. Regarding this, he introduced a bill that would bring many of the activities derived from these programs to an end.
Payments coming from social aid programs, in his view are used regularly by different intermediaries to make money or to force recipients to engage in political activities. On this, Nieto stated: “The management of social plans has become a huge apparatus used to do politics, with which the leaders of social movements extort people with abusive practices, such as asking for money returns, a percentage of the plan, going to march and block streets.”
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According to Nieto, blockchain tech might help in this regard, making all payment traceable and placing middlemen out of the equation. He noted: “With blockchain, the money leaves the Ministry of Social Development directly to the beneficiary, without asking for voluntary contributions, without favors such as attendance controls at pickets or marches.”
This is actually not the first time that Nieto has introduced a blockchain-based bill. The lawmaker already introduced a bill that would use blockchain tech as part of a system to control state purchases as well as contracts.
As part of its structure, Buenos Aires is a city that has embraced blockchain. As part of a modernization program, the city is currently in the final stages of implementing a blockchain-based ID system called TangoID.
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Buenos Aires Might Implement Blockchain Systems to Make Social Aid Payments – The government of Buenos Aires has declared that it aims to have it working by January 2023. In August, the city declared that it will run Ethereum nodes with the aim of learning more about the chain for regulatory purposes. The city confirmed its plans to accept cryptocurrency in April for tax payments in 2023.
