Spain’s Catalonia State Embraces Blockchain Technology For Digital Independence

Spain’s Catalonia State Embraces Blockchain Technology For Digital Independence

Blockchain News
February 24, 2020 Editor's Desk
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Spain’s Catalonia state, which has been striving for separation from the country for ages, is warming up to blockchain technology to amp up its attempts for political freedom from Spain.  Blockchain for Digital Independence Since its origin as the technology that powers Bitcoin (BTC) cryptocurrency, blockchain technology has been more than prosperous in getting use-cases
Spain’s Catalonia state blockchain technology

Spain’s Catalonia state, which has been striving for separation from the country for ages, is warming up to blockchain technology to amp up its attempts for political freedom from Spain. 

Blockchain for Digital Independence

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

Now, it appears that distributed ledger technology (DLT) has got itself yet another use-case by supporting Catalonia to achieve its digital independence. According to Jordi Puignero, Minister of Digital Insurance Policies and Public Administration, Catalonia, DLT can be leveraged to meet the independent state’s digital autonomy. He said:

“Simply because the Web introduced us to basic connectivity, blockchain will deliver us new common governance. It’s going to affect 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 by blockchain technology, Catalonia could have its self-sovereign and digital identification repository, which will stop the monopoly executed 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 feel like they’re residing in Large Brother State.”

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

The politically high-octane Spanish state has also observed open support of cryptocurrencies by its leading politicians. Previously, BTCManager described how Catalonian independence leaders had transformed into Bitcoin (BTC) for campaign contributions.

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