Brazil launches digital ID based on private blockchain / A consistent government policy push

According to Cointelegraph, Brazil is launching a new national identity initiative powered by blockchain technology. The states of Rio de Janeiro, Goas and Parana will be among the first states to issue identity documents on-chain through a private blockchain developed by Serpro, Brazil’s national data processing service. The decree stipulates that by November 6, it should be possible to issue identity documents through blockchain technology throughout Brazil. (PANews report)

Compliance equals transparency, national supervision agencies want to have sovereignty, so DID will use the state from top to bottom management of the private chain issuance, rather than a decentralized public chain, but also pave the way for the future, CBDC may also be supported by Serpro, long live cash flow transparency, long live tax transparency, compliance expert Comxper explained, digital & online, how to maintain privacy? Is the right to be forgotten advocated by the EU’s GDPR really too idealistic? (SDChain report)

SixDomainChain (SDChain) is the world’s first decentralized public blockchain ecosystem that integrates international standards of IoT Six-Domain Model and reference architecture standards for distributed blockchain.