Business

Dennis Wafula

Brazil requires diplomats to have knowledge of crypto, blockchain

The Rio Branco Diplomatic Academy of Brazil will now require new diplomats to have knowledge of blockchain and cryptocurrencies. The institution has made this study mandatory and the candidates will have to be tested on their knowledge before joining the foreign ministry of Brazil.

Rio Branco was launched with the aim of training government staff in the Brazilian civil and diplomatic services. Since its inception in 1946, the institution has organized annual contests that have resulted in the admission of participating candidates to the diplomatic carrier. Recently, the Academy added provisions for basic knowledge on blockchain and cryptocurrency.

The provisions were made available on the 2019 Edict which states:

“The director general of the Rio Branco Institute, in the use of the attributions granted by the decree MRE no. 179, dated March 14, 2014, and the decree MRE no. 598, of June 17, 2019, makes public the realization of the Contest (…) International Policy (first and second phase), (…) International Policy (first and second phase), (…) International Policy (first and second phase), (… ) Crypto, blockchain and the impacts on the world economy. “

The institution has advertised 20 new vacancies in the initial class of third secretary for diplomatic careers with a starting salary of R$19,199.06 ($5,048.66). The candidates will be tested in two phases: the first phase will be held in the capitals of the 26 states of the Federation and in the Federal District. The approved candidates will go through the second phase that will determine who gets the 20 set positions. It is during these tests that the candidates’ knowledge on blockchain and cryptocurrency will be tested.

Brazil is gradually integrating blockchain technology into most of its ministries. Per reports, the Brazilian government is in the process of drafting a bill that will see all local public administrations adopting new technologies such as blockchain. Recently, the Ministry of Finance, in collaboration with Brazil’s Central Bank, the Securities and Exchange Commission and the Superintendent of Private Insurance launched a regulatory sandbox for blockchain and fintech towards improving the finance sector technologically.

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