This article is from cointelegraph.com.br and the original article can be read here in Portuguese
The Federal Court of Auditors (TCU) and the National Bank for Economic and Social Development (BNDES) announced last Tuesday (25) the official launch of the Brazil Blockchain Network (RBB), which will take place next Monday (30), from 3 pm to 5 pm, in a ceremony at the Ministro Pereira Lira Auditorium, at the TCU headquarters, in Brasilia (DF).
The project began to be conceived in 2018, when technology began to be widely discussed in the context of digital transformation in public administration in relation to improving security and transparency in the procedures of public institutions and public interest, according to the TCU and the BNDES.
At the beginning of May, TCU and BNDES formalized a technical cooperation agreement for the creation of the RBB, published in the April 18 edition of the Federal Official Gazette (DOU).
Non-profit, RBB will be national in scope and will connect participating institutions in a governance structure and technology infrastructure with the purpose of facilitating the adoption of blockchain technology in solutions aimed at the public interest, according to a statement from the institutions.
During the launching ceremony, TCU and BNDES promised to kick-start a work to publicize the network to future participants interested in strengthening and helping to maintain the Brazilian innovation ecosystem focused on this technology. Occasion in which some network participants, who are already working in an experimental phase and have been discussing technical aspects, will make statements about their experiences of use.
In March, during Ehereum.Rio, the head of blockchain initiatives at BNDES, Gladstone Arantes, revealed that RBB should use the Hyperledger Besu 2.0 blockchain development hub, which hinted at a possible adoption of the proof of authority mechansim which, in this case, would be a layer of control of state agents, since, although Besu has mechanisms of proof of work (PoW), RBB will not have mining, as reported by Cointelegraph Brazil.
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