The mayor of Buenos Aires called for modernizing the tax system using blockchain – Bits Media

The authorities of the capital of Argentina are going to use blockchain technology to improve the efficiency of tax collection.

Mayor of Buenos Aires Horacio Rodriguez Larreta (Horacio Rodriguez Larreta) told
about new ways to optimize urban management. Among other things, official proposes to allow city residents to pay taxes in bitcoins, and also protect the personal data of citizens using blockchain. The plan consists of 12 tasks, which, according to Laretta, must improve the efficiency of public infrastructure through technological reforms:

“We are convinced, that citizens should own their information and documents, because we believe: people are capable of taking responsibility for themselves. Entire data flow, which will only increase over time, needs to be protected using blockchain".

For now, Laretta says, digitalized order 900 different procedures, but to speed up and secure the process, it is necessary to take advantage of decentralized digital technologies. Citizens will be able to authenticate and access personal information, personal records and documents in one place.

Blockchain will allow citizens to truly control their data, The mayor of Buenos Aires believes, and cites companies such as R3 as an example, ConsenSys и IBM, who are already using blockchain-based identity services. At the same time, the city authorities do not plan to keep any budget funds in digital currencies or tokens. However, they still plan to use cryptocurrencies: the city will cooperate with several payment systems, to instantly convert cryptocurrencies to fiat money.

IN 2019 NEC Argentina, Bitcoin Argentina and IDB Lab signed an agreement to develop a blockchain system, targeted
to improve access to “quality goods and services” for Buenos Aires residents.