Draft Bill in Brazil Will Require Public Administration to Use Blockchain in New ‘Digital Government’ Push

  • Ten federal officials introduced a draft bill with the Chamber of Deputies in Brazil.
  • If passed, public administrations would have to use emerging technologies to improve public services.

As blockchain technology grows in its use cases, governments around the world are making sure to capitalize on it. Not to miss anything, the Brazilian government presently has a draft bill on the table that would implement new requirements from their local public administrations.

Improving Public Services By Using the Latest Technology

If passed, these administrations would be required to promote blockchain and other new technologies, according to reports from Cointelegraph Brazil on June 11th. These government divisions would also be required to improve their public services with the use of emerging technologies, like AI and blockchain.

This bill – PL 3443/2019 – was collaboratively filed between ten federal officials, who all came from an assortment of political parties and states. It was filed in the lower hour of the National Congress of Brazil, better known as the Chamber of Deputies, titled “Digital Provision of Public Services in Public Administration – Digital Government.”

It was signed by Federal Deputy Tiago Mitraud, who is a part of The New Party, a classical-liberal and libertarian political party in Brazil. It was also signed by members of other parties, like the Brazilian Socialist Party.

Crypto Regulations Being Developed to Support Growing Blockchain Ecosystem

A couple of weeks ago, on May 31st, the President of the Chamber of Deputies of Brazil reportedly had ordered that a commission be set up in the country, allowing them to consider crypto regulation. The commission will be responsible with developing regulations over local Bitcoin and altcoins activities, and will be jointly run by 34 members, following the House Rules of Procedure.

Yesterday, the Vice President of Bradesco, the largest bank in Brazil, stated that there will be a new blockchain platform launched by the local banks. VP Mauricio Minas spoke at the CIAB Febraban, a major banking and fintech event for Latin America, to discuss how integral blockchain could be for the global financial system.

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