The government of Argentina has formed a national committee to promote blockchain-based governmental policy and technical solutions.
According to a decree issued on Wednesday, the group would bring together Argentine government departments and organizations that can assist in the development of blockchain technology.
The government said in the decree:
“Blockchain technologies have emerged as one of the greatest innovations in the field of information technology, providing the effective possibility of optimizing Public Sector processes and traceability, transparency and efficiency of services that are provided to citizens by recording transactions with higher levels of security.”
Since then, Argentina has highlighted the country’s role in regulating and guiding this future technology:
“The National State, in its planning role, must determine the general guidelines for the adoption and implementation of this technology in the scope of its actions and tasks, tending to obtain the maximum use of its potentialities.”
The new committee will report to the Argentine secretariat of public innovation, which was established in 2019 to develop policies that promote openness, innovation, and digital government.
Argentina is also quite a crypto-loving country when a percentage of its people use crypto transactions as an asset to avoid inflation, especially for stablecoins.
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