Categories: Technology

Portugal govt will use blockchain to vote on best UN project for humanity

Portugal will use blockchain technology to vote on three winning projects that develop prototypes that benefit the United Nations Sustainable Development program.

For the first time in its history the Portuguese government will use blockchain technology to pick the winners of its GovTech iniative, which serves the UN goal of solving humanity’s problems by 2030.

Anyone who registers will be able to participate in the contest as if it were a crowdfunding platform with a blockchain twist.

Each user, when registering, will earn “GovTechs,” which are virtual voting units that they can use to “invest” in the projects they like best.

The GovTechs virtual voting units act like tokens or cryptocurrencies, but do not have monetary value.

Assistant Secretary of State and Administrative Modernization Graça Fonseca, told Portuguese news outlet Observador that blockchain technology “allows us to monitor how the community supports projects in a transparent way. One of the objectives is to test the blockchain technology in certain type of initiatives and to see the obtained results.”

The GovTech competition begins in May and will award €30,000 to three startups or teams that create a prototype that will help solve the problems of humanity.

Apart from the €30,000 prizes, the three winners will also take home a protocol of collaboration with the government of Portugal to develop the product, a working space in an incubator, internationalization support with the sponsorship of the Camões Institute, and three Alpha tickets for the Web Summit, with exhibitor rights, reported Diário de Notícias.

Registration closes on June 8. The contest will run until October and the platform was created by Bright Pixel which, together with the government, will help manage the site.

The GovTech initiative is aimed at solving the UN’s 2030 Agenda for Sustainable Development, which outlines 17 goals.

“GovTech wants to respond to the 17 sustainable development goals defined by the UN, with which the Portuguese State has committed itself. We are looking for products or services that present solutions to the problems,” said Fonseca.

Those 17 goals include:

No poverty
Zero hunger
Good health and well-being
Quality education
Gender equality
Clean water and sanitation
Affordable and clean energy
Decent work and economic growth
Industry, innovation, and infrastructure
Reduced inequalities
Sustainable cities and communities
Responsible consumption and production
Climate action
Life below water
Life on land
Peace, justice, and strong institutions
Partnerships for the goals

The winners of Portugal’s GovTech initiative “will be chosen by a jury and by the general public, who will be able to register on the platform and vote for their preferred candidates. it is a virtual investment, in a scheme of exchange and reward, but it is also a way to mobilize the people,” said Fonseca.

Although many assimilate blockchain with the likes Bitcoin, the technology is actually being used in many innovative ways that do not include cryptocurrencies.

For example, blockchain startup, Devery, is working with the UN World Food Program, along with the Tunisian Ministry of Education to implement a blockchain-based tracking system for its school meals program.

Through this three-way partnership, the initial roll out will feed 1,500 primary school kids, with the goal of ultimately rolling out to the scheme to all 400,000 Tunisian school children currently receiving food assistance.

The attention surrounding blockchain has erupted in the past year. Governments and companies across the world have seen great potential in this new technology to improve their offering.

Most recently blockchain technology has attracted the attention of investors thanks to its transparency, tamper-proof record and decentralized nature, with many other industries poised to adopt this new technology in one form or another.

Tim Hinchliffe

The Sociable editor Tim Hinchliffe covers tech and society, with perspectives on public and private policies proposed by governments, unelected globalists, think tanks, big tech companies, defense departments, and intelligence agencies. Previously, Tim was a reporter for the Ghanaian Chronicle in West Africa and an editor at Colombia Reports in South America. These days, he is only responsible for articles he writes and publishes in his own name. tim@sociable.co