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Spain: Catalonia State Leverages Blockchain for Digital Independence

This article is more than 4 years old
News
Spain: Catalonia State Leverages Blockchain for Digital Independence

Spain’s Catalonia state, which has been vying for secession from the country for years, is warming up to blockchain technology to amp up its efforts for political freedom from Spain. This, according to a report by The Bulletin Time, February 23, 2020.

Blockchain for Digital Independence

Since its inception as the technology that powers Bitcoin (BTC) cryptocurrency, blockchain technology has been more than successful in finding use-cases across a whole host of industries – ranging from finance, supply chain management, banking, real estate, and transport, among others.

Now, it seems that distributed ledger technology (DLT) has found itself yet another use-case by helping Catalonia achieve its digital independence. According to Jordi Puignero, Minister of Digital Insurance Policies and Public Administration, Catalonia, DLT can be leveraged to achieve the autonomous state’s digital independence.

He said:

Simply because the Web introduced us common connectivity, blockchain will deliver us new common governance. It’s going to have an effect on the administration [of government], will have an effect on the financial system, and it’ll have an effect on one factor which is essential in our society: belief. Belief is what strikes financial transactions and it’s what strikes the connection between the residents and their authorities.

Blockchain: The Silver Bullet for Privacy Concerns

Puignero added that through blockchain technology, Catalonia can have its own self-sovereign and digital identification repository which will end the monopoly exercised by the Central Spanish Government over citizen’s data. He noted:

We wish to give energy to the residents or empower the residents in a manner through which they will deal with higher the privateness of their information. It is also good for them to stop the Large Brother idea. We do not need our residents to really feel like they’re residing in Large Brother State.

This is not the first time that the Catalonian government has turned to DLT to help it achieve its targets. In 2018, the state leveraged DLT to develop a blockchain-powered electronic voting system.

The politically high-octane Spanish state has also witnessed open endorsement of cryptocurrencies by its leading politicians. Previously, BTCManager reported how Catalonian independence leaders had turned to Bitcoin (BTC) for campaign donations.