São Paulo to use blockchain registry for public works

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On September 1, it was reported that the municipal government of São Paulo, Brazil will start using a blockchain-based registry for its public works projects. According to the report, the Municipal Secretariat of Urban Infrastructure and Works has contracted with the blockchain firm Construtivo to start implementing a solution at City Hall using a blockchain platform.

The city has been looking for an efficient way to manage its processes and provide a better means to access documents while not compromising security in any way. According to the president of Constructivo, Marcus Granadeiro, the method they seek to employ is to use their cloud platform Colaborativo.

He explained (translated), “It is imperative that data from all construction work assets in the city of São Paulo or from ongoing projects be available online to any decision-maker. Process and document management takes place in real-time from anywhere.”

He added that by using blockchain technology as the solution for recording these projects, it will allow the city to be able to quickly and securely identify the source of any problems that could affect the completion of projects.

Brazil has been ever more accepting of crypto-related technology, so it is not surprising to see them use blockchain technology as a means to record secure processes and allow for quick access of documents. They have been increasing the implementation of this technology across a wide spectrum of governmental agencies, in the hopes of improving transparency and providing greater efficiency within the government itself.

Early this summer, the federal government within the country had already begun a draft bill that would require all sectors of local public administration to promote and find methods for using new technologies. This included the use of blockchain technology.

One of the primary reasons for implementing this technology is greater transparency. Recent budget issues have arisen because of institutional corruption, which is believed to cost the country around $172 billion. It is believed that the use of this technology will instantly reduce fraud, saving taxpayers billions of dollars.

Brazil is not the only country looking to implement this technology in government. In August, the second largest state in India, Maharashtra, instituted a regulatory sandbox that would allow them to test blockchain solutions for a selected group of applications to test its viability. The objective was to be able to apply this technology across supply chains, agricultural marketing, document management, and vehicle registration.