Uruguayan government launches challenge to demonstrate how blockchain can solve regional challenges

LatAm List – The open-source blockchain platform, aeternity, was recently deployed to solve seven challenges placed by the Uruguayan government and Universidad ORT Uruguay to prove real-world applications of smart contracts. These challenges were set by the Ministry of Agriculture, duty-free zone, Zonamerica, the newspaper, El Observador, and AGESIC, the government agency for electronic government.

These challenges included:

Sustainable Vegetables: Tracing the chain of produce production through the Ʀternity blockchain.

Origins: Helping people who have been adopted trace their origins using the blockchain.

Football Tokens: Enables any sports team or football club to have its own crypto-currency as well as digital album trading card season, all implemented with blockchain to ensure security and scalability, with almost instantaneous transactions without commissions.

Logistics Challenge: Tracing all imports coming through Zonamerica and ensuring all documentation is accurate through the blockchain.

Agro Challenge: Tracing products all the way through the supply chain, creating transparency between consumers, manufacturers, and producers.

Media Challenge: Making news traceable from the journalist to the source through the blockchain and providing certifications for traceable stories.

ā€œWe strive to always remain on the cutting-edge, finding new ways to solve real problems with blockchain,ā€ said Pablo Coirolo, Ʀternity CEO Americas. ā€œWorking on some of these projects allowed us to showcase the depth and breadth of our blockchain solution and weā€™re excited to take what weā€™ve applied here in Uruguay and offer a global solution to problems using our blockchain.ā€

The Ʀternity blockchain proved capable of solving more than half of these challenges, proving improved applications of this new technology to help resolve complex issues in Latin America.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

You May Also Like