The Argentine Federal Blockchain, a chain of blocks in which various organizations, institutions and companies in the country participate, has been without any activity for several weeks. Given this, network users question their maintenance and usefulness.
As can be seen in the scanner of the network, The last block mined was the number 19353540, «a month ago» and by the sealer Ultima Milla SA, a technology solutions company in the province of Mendoza. More precisely, the date indicated is Monday, October 25 at 11:37 pm
The inactivity of this blockchain came to light thanks to a publication by Julián Dragonsch, a Twitter user that reviewed the status of the BFA to refute – precisely – the assertion of a Chilean influencer that suggested adopting this technology for greater efficiency in the State.
The tweeter himself then responded to several responses from his followers. In that exchange, he assured that the BFA is a “dead narrative when talking about the Blockchain being more important than Bitcoin” and that the project “died before it started.”
One step further, Other users such as the legal consultant of Bitcoin Camilo Jorajuría de León questioned in that thread what were the functions of the Argentine Federal Blockchain when it was still working on a regular basis.
Important entities joined the Argentine Federal Blockchain
Between network validators, which is mined by Proof of Stake or proof of participation, public and private institutions recognized in Argentina appear. Examples of this are the Superintendency of Labor Risks, the Red Link banking operations network, the National Road Safety Agency, the Naval Prefecture and various universities.
Even, as CriptoNoticias reported in 2020, the country’s own Chamber of Deputies had subscribed to the Argentine Federal Blockchain. This occurred in the middle of the quarantine by Covid-19, which forced legislators to look for new digital alternatives to give more transparency to the votes. Having a license on this platform was the chosen option.
Beyond adding the participation of several other important institutions in the country, this chain of blocks has not been problem-free throughout its history. In 2020, the publication of an Official Gazette later cataloged as false by the national government earned him many criticisms of the security of the BFA.
However, the document was digitally signed, so it could also have been an error on the part of those who uploaded the document on the blockchain and not a failure of the network itself.
The Argentine Federal Blockchain was born in July 2018 , as an initiative of three organizations: the Argentine Internet Chamber (Cabase), Nic Argentina and the Association of University Interconnection Networks (ARIU). On its official site, it is presented as a “transparent, reliable, without intermediaries and without cost” way to register processes such as tenders, food traceability, academic degrees and insurance policies. Likewise, it was used to store official State documents, as mentioned previously.