Brazilian State Launches Blockchain Platform For Government Bids

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One is in the latest cryptocurrency news for launching a unique blockchain application that will track the process of public bidding of government contracts. As a report showed on July 12, the state of Bahia launched the Online Bid Solution (SOL). Developed by Cayenne Technology and Design.

The bids will definitely be transparent and secure due with the application of blockchain technology. As the government of Bahia said, the Brazilian state beneficiaries of SOL appear to be clients in the Brazilian agriculture industry.

The solution, as described in the best cryptocurrency news sites, will connect agriculture organizations in Bahia with suppliers and workers throughout Brazil. They will also provide transparency on the contract bidding process.

“The application, already available in the Play Store and the Apple Store, will be used by about 1,100 agricultural associations and cooperatives in the states of Bahia and Rio Grande do Norte, under the Bahia Productive and Governo Cidadão, financed through a loan agreement between the state governments and the World Bank,” the Brazilian state and its government noted.

As we previously reported on our altcoin news site, the Brazilian coffee farming cooperative Minasul recently announced its plans to issue a blockchain token for coffee farmers. With it, farmers will reportedly be able to earn tokens as a reward for harvesting coffee beans. They will also use the proceeds to purchase a variety of goods.

“All bidding information becomes available and stored in a digital environment, making the process secure and transparent,” the statement by the Brazilian state said.

As the official announcement shows, the app also aims to “facilitate and expedite the access of associations and cooperatives of the family agriculture of Bahia to suppliers of goods, services and works, from all over the country, and enable transparency in their acquisitions.”

All of this leads us to believe that the Brazilian state of Bahia as well as the coffee farming cooperative Minasul are among the first pioneers of blockchain within the country. This will purportedly be a useful economic system for the farmers, since the method of financing does not require registration in a notary’s office.

 

 

The post Brazilian State Launches Blockchain Platform For Government Bids appeared first on DC Forecasts – Leading Digital Currencies.


Source: dcforecasts
Brazilian State Launches Blockchain Platform For Government Bids

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A organization named Alinha Institute has recently launched their Alinha Tag which aims to inform customers of the labor conditions of the workshops that produced their clothes. As a new report by Cointelegraph Brasil on July 3 showed, the tag is concerned with forced labor in Brazil’s fashion industry.

The latest cryptocurrency news from the Brazilian business newspaper Valor Economico also show that over 81,000 workers in Brazil were rescued from forced labor in 2018. Per the Alinha Institute and its website, brands and apparel producers register for the Alinha Tag which requires a review of working conditions of workshops further up the supply chain.

According to Valor Economico, the Brazilian nonprofit Alinha Institute has regularized around 100 workshops over the five year history of the company, launching the Alinha Tag only two months ago in response to the need to track components of clothing.

As such, the Alinha Tag goes on products early and follows them from origin to customer, relying on employees inputting data directly on their phones as to their treatment at the workplaces. Customers can review the history of clothes marked with the Alinha Tag online.

Featured on many best cryptocurrency news sites, the news about the Alinha Institute also came with comments from officials within the company. As Dariele Jamile dos Santos who is the founder of the Alinha Institute said:

“Transparency, decentralization and digital signatures make everything reliable.”

In June, we reported about a luxe fashion brand called Alyx and how it was using the IOTA in order to enable supply chain transparency. Also in June, news showed that Microsoft had registered a suite of software called Farmbeats in Brazil. This software, as the news showed, uses blockchain, drones, Internet of Things (IoT), artificial intelligence and big data in order to enhance agricultural efficiency.

“Brazil is one of the first countries that comes to mind when we think of agriculture. We developed FarmBeats so that its technology could be applied here and in other developing countries,” said Ranveer Chandra, the scientist behind Farmbeats.

The Brazilian nonprofit and all these firms prove that blockchain has a bigger purpose and can be used in practically every industry and for different needs.

The post Brazilian Nonprofit Launches Tag For Workplace Abuse Using Blockchain appeared first on DC Forecasts – Leading Digital Currencies.


Source: dcforecasts
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