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2019-09-02 04:36:25

Blockchain technology in Brazil scales new heights

Blockchain technology in Brazil sets new records with delivering its first blockchain-based birth certificates. The avant-garde technology behind Bitcoin’s success, blockchain, has witnessed a steady growth in Brazil, since its massive scale adoption last year. Besides reinventing FinTech companies’ business models and exploring its benefits in reducing the ubiquitous corruption in managing the Amazon rainforest, the country made significant advancements in the field recently by successfully executing its first blockchain-exclusive real estate deal in July. On Sep 1, Álvaro de Medeiros Mendonça became the country’s first child to receive a birth certificate registered using only the blockchain technology and without