Blockchain Tested In Mexico To Track Public Contract Bids

The administration of Mexico has been unobtrusively chipping away at a task to track offers for open contracts utilizing blockchain, an administration official uncovered Tuesday.

Talking at a tech gathering in Jalisco, Mexico’s national digital strategy coordinator Yolanda Martinez detailed Blockchain HACKMX, a project she said has been underway since last September. The system was at first created by a group of college graduates whose plan won a contest for blockchain solution that can help enhance open administrations.

“With blockchain applied to public contracts we’ll be able to know whether a company that provides services to the government is trustworthy,” Martinez tweeted.

As indicated by Mexican news outlet Debate, Martinez told participants that the innovation would wipe out the “easily corruptible” human element and acquaint transparency with the public tender process. Martinez likewise brought up that the blockchain would store records of the offering procedure, taking into account reviews afterward.

Technical details about the project are not accessible, but rather Debate’s report recommends the project will, in the end, be taken off to people, with the government peering toward it as an answer for state and local governments specifically.

A presentation entitled Blockchain HACKMX, which is accessible on the UN’s site and seems to date from July, measures the advantages of different platforms that could potentially have the system: Hyperledger Fabric, bitcoin, ethereum, Chain, and NEM. The presentation proposes that computers taking an interest in the network would be controlled by a mix of government offices, colleges, civil society groups and privately owned businesses.

The issue of open contract corruption is a delicate one in Mexico, given a current prominent embarrassment that included a noteworthy South American construction firm and allegation that bribes were piped to the political campaign of President Enrique Pena Nieto.

Transparency International, an anti-corruption non-governmental organization (NGO), rates the country 135th out of 180 in its Corruption Perceptions Index.


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