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Cryptocurrency News Articles
Buenos Aires Unveils QuarkID Digital Identity System Powered by ZKSync
Oct 23, 2024 at 12:43 pm
The City of Buenos Aires has announced a new collaboration with ZKSync, allowing 3.6 million citizens to use blockchain technology for their digital identity.
The City of Buenos Aires has announced a new collaboration with ZKSync, allowing 3.6 million citizens to use blockchain technology for their digital identity. Over 60 documents are accessible through this platform.
QuarkID, the new system, is built on a previous digital identity program, ensuring greater privacy and security through trustless blockchain technology.
Argentina’s Blockchain Platform
Buenos Aires and ZKSync announced QuarkID on October 22, promising to prioritize individual privacy. QuarkID will use blockchain technology and zero-knowledge cryptography to give 3.6 million eligible citizens new access to government services.
Read More: What Is Digital Identity?
ZkSync joined this project after a period of all-time valuation lows. By July 2024, the network’s active addresses dropped by 66%, and its ZK token has seen consistent doldrums since. A new high-profile collaboration like this could give the company added notoriety and contribute to a rebound.
This QuarkID program was built on top of miBA, Buenos Aires’ preexisting digital profile platform. All miBA users now have access to this blockchain solution, which offers several upgrades. In short, QuarkID focuses on backend enhancement; a similar user experience, but behind-the- scenes trustless software keeps personally identifiable information off government servers.
The incorporation of zero-knowledge blockchain technology into the City’s digital identity system is…[a] milestone that positions us globally… and… demonstrates that… Buenos Aires is at the forefront of innovation. [It] is a fundamental step toward… more secure and transparent digital solutions,” said Jorge Macri, Chief of Government of the City of Buenos Aires.
This digital identity program is just one step in the widespread adoption of crypto and blockchain in Argentina. Since the pro-Bitcoin candidate Javier Milei won the Presidential election last year, many new endeavors under the Web3 umbrella have begun there. Hence, Buenos Aires, the capital of Argentina, serves as a natural starting point for such initiatives.
Read More: Crypto Adoption in Argentina: Everything To Know
In summary, QuarkID aims to offer millions of users a secure option for many government services. Birth, marriage, and death certificates, driver’s licenses and vaccine records, tax information, and over 60 other documents will be available. Moreover, ZkSync’s trustless blockchain technology will keep all this information private for Argentinian citizens.
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