Proposed to counteract the theft of fuel with blockchains in Mexico | Breaking News

During the forum “New technologies and their effect on the government and the population”, sponsored by the Chamber of Deputies of Mexico, it was proposed to use blockchains to counteract the theft of fuel in the aztec country. It is an attempt to dual purpose, to minimize this crime and encouraging the use of these networks to a greater transparency in the public power.In the words of the congresswoman Rocío Barrera Badillo, president of the Commission of the Interior and Population, the saying that you should do daily the implementation of new technologies in the government sector to simplify the relationship with the citizenship, accountability and win spaces in the area of security.“Not all technological innovation involves substantial investments. The schemes that take advantage of the current technologies of encryption are far more secure and transparent,” noted the legislator on the illegal extraction of gasoline from the pipelines of distribution and their subsequent smuggling. “For example, the technology blockchain would make it traceable route of fuels and would be a great tool in the fight against the huachicoleo (theft of fuel). This would entail simplification, reliability, accessibility, and security”, he added.In connection with the rapid advancement of the technology and the delays that occur in updating the legislation, the deputy indicated that it is necessary to establish legal structures, flexible to adapt to the speed and evolution of technology to diminish the digital divide. “The law does not lag behind the face of a society in constant evolution, its early implementation is key before they become obsolete,” he said.

Growth in the use of blockchains

Another of the panelists invited to the forum was José Rodríguez, director of Blockchain Land and Talent Land, who put the highlighter on the growth that you experience Bitcoin as a financial platform and the use of blockchains, its associated technology, for various uses on a global scale.In his paper entitled Bitcoin and Blockchain, connecting to the world financially, Rodríguez highlighted that the new technologies contribute to minimize corruption and money laundering.“The technology that makes you money in a few seconds, the distance is an ideal tool for the bad uses of money (…) Bitcoin is the only financial system, the only money and monetary system in 10 years and seven months that has been running it has not been possible to falsify, it is the only currency that has not been corrupt,” he said.On the proposal of the deputy Barrera Badillo, a recent report published by the BBC indicated that in the more sophisticated operations it is possible to extract gas by an approximate value of 90 thousand us dollars in just seven minutes. Also known as the “petro-piracy” it is estimated that this activity generates approximately 133,000 million dollars a year.In the forum held last Thursday, August 22, in the Chamber of Deputies of Mexico City, were also presented topics such as “Responsibility in the use of technology and innovation”, in charge of Ephraim Carreón, CEO of the startup, Transgenia; “Use of new technologies in the public sector” issued by the deputy Ricardo Medina Alarcón; “In line, therefore I am, a reflection of citizens” and “Competition and profiles for the fourth revolution” presented by Emilio Saldana and Alejandro Sanchez, respectively.

Cryptocurrency Market