More governmental murmurings are afoot when it comes toblockchain deployments, with Uruguay and Liechtenstein, two countries with previousin this field, announcing new initiatives.
The Uruguay Digital Party is entering into an agreement withblockchain platform provider Aeternity to build a system whereby blockchaintechnology could be used for internal voting and ‘optimise the participationprocesses of citizens.’
“The application of democratic governance that will beimplemented by the Digital Party is based on the internal governance solutionthat Aeternity uses for internal community decision-making, which is a completelynew architecture, allowing greater participation of citizens in politicaldecisions at all levels, with unalterable reliability,” said Pablo Coirolo,Aeternity Americas CEO in a statement.
“This is an important milestone on the road to the massiveuse of blockchain technology to benefit democratic institutions,” Coiroloadded.
This is by no means the only such initiative spearheaded inthe South American country in recent times. Late last month, Aeternityannounced a partnership with Uruguay Can, one of the continent’s leading cannabisproduction companies, to create a supply chain management platform for theindustry.
Uruguay was the first country to legalise marijuana, havingpassed legislation at the end of 2013 and begun selling legally in July 2017. As reported by the BBC,the drug can only be legally sold in pharmacies, and with the strict financelaws placed upon the country by the US for controlled substances, a backlog hasoccurred.
The parliament of Liechtenstein, meanwhile, has unanimously approved the Token and VT Service Providers Act (TVTG). The move, which was first reported on by this publication back in May, means the country is the first to have ‘comprehensive regulation of the token economy.
