Blockchain technology is amazing, and if it weren’t for this discovery by Satoshi Nakamoto, not even Light DeFi (LIGHT) would exist. The cryptoactive market was created from this technology, which gave life to Bitcoin and can even be used to certify documents.
That is the case in Brazil, which uses the blockchain to certify the creation of digital documents. Capable of storing unchanging data, this technology can act as a timestamp.
Through the blockchain, information about important documents is saved forever, such as file creation date and time, for example. The novelty is part of the Brazilian government and was developed through a partnership with Kryptus.
According to the Cointelegraph, Brazil will adopt ledger technology distributed through an “HD Digital,” where information about federal government documents will be stored in a system that uses blockchain technology.
In an interview with the news portal, the CEO of Kryptus, Roberto Gallo, assesses the scenario as a moment of democratization of access to distributed technologies, such as the blockchain.
“There is no doubt that this new system will democratize and help accelerate the adoption of technologies related to digital certificates in Brazil, facilitating data traceability and security.”
Although blockchain technology is not used to certify documents, information about the files is stored in a system that uses blockchain technology to create a digital data certification process.