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Sao Paolo Introduces Blockchain Technology in Data Access Regulation

In its freshly adopted municipal data and transparency regulations, the municipality of Sao Paolo has inserted the concept of blockchain as a system that is used to help the state in fulfilling its obligations.

Blockchain is viewed as an unchangeable register that employs a computer network to document deals and monitor assets.

The technology is seen as an advantageous tool, yet the statute does not indicate how it can hasten procedures involving data access and openness.

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