The federal government will launch tender calls via blockchain

The coordinator of the National Digital Strategy, which is a project of the Federal Government, Yolanda Martínez Mancilla, announced that in August will be held the first call for offers of the federal government to through a blockchain network, who will seek to establish this type of mechanism for various public procurement competitions

Recall that the blockchain is basically a database that operates in a decentralized manner and maintains a record complete information via a peer-to-peer network (P2P). In this sense, whenever a new exchange of information is performed, an algorithm analyzes the information made and evaluates its viability and security, then adds a block to seal the information and leave it unalterable.

In the case of bids from the federal government, the Ethereum platform will be used, which allows you to generate smart contracts without using a cryptomonnaie.

In this way, the bidding call will take place of several contracts The first contract relates to the registration of the unit of the buyer, which is for the government agency requesting the service.

The second contract is for the registration of suppliers, when the data of the participating companies are stored in the blockchain, which allows to save the information of participating companies for future tenders, in particular to measure and control the performance in calls for earlier offers.

The fourth intelligent contract stores information on the contract, which range from the process of calling bids to the award. Finally, the last contract of this initiative of the federal government contains the proposals and the technical requirements of the award.

The subject of the call for tenders will be announced next August during the presentation of the model. governance of this decentralized network. At that time, the universities and civil society organizations that will participate as observers of the bids will also be announced, in fact, they have planned the creation of a figure Independent observer for the bidding processes. The problem is that it does not appear in the current legislation.

According to information from El Economista .