Blockchain Experts Meet With Colombian President to Discuss Technology’s Use Cases

Samson Mow, CEO of JAN3, and other blockchain experts, met with Colombian President Gustavo Petro to discuss the possible uses blockchain and bitcoin tech could have to help modernize the management of certain institutions of the Colombian state.

Colombian President Gustavo Petro Discusses Blockchain and Bitcoin Implementation

Gustavo Petro, president of Colombia, announced on November 29 that he had met with several blockchain and bitcoin experts to discuss applying this tech to improve the management of several institutions and projects in the country.

The meeting, which saw the presence of JAN3 CEO Samson Mow, JAN3 Marketing Director Raul Velasquez, JAN3 CMO Edwin Rivas, RSK Labs co-founder Diego Gutierrez, Bingx International Operations Consultant Cristian Quintero, and Tropykus co-founder Mauricio Tovar, included the discussion of three main topics.

The first one had to do with modernizing the billing processes of the health system in Colombia, which he suggested could be monitored in real-time using blockchain tech instead of relying on manual procedures that still use ink and paper records.

Also, Petro hinted at utilizing blockchain tech to manage land registries and issue land ownership titles. Gabriel Angulo, IT VP of the National Agrarian Bank, was also present to review these discussions to articulate these efforts. In July 2022, Colombia announced the launch of the first National Land Registry built on top of the Ripple ledger in partnership with Peersyst Technology.

The last topic discussed included using Bitcoin in free work cooperatives in the Colombian popular economy, although no more details were shared on this subject. Petro also stressed that these technologies “can be promising for the prosperity of the people.”

The Ministry of Information Technologies and Communications of Colombia has already issued a reference frame for implementing blockchain tech in state projects that explicitly states these efforts must comply with the Colombian legal framework.

What do you think about the intentions of Colombian President Gustavo Petro in implementing blockchain tech to modernize state processes? Tell us in the comments section below.