Mexico will use Blockchain in public tender offers

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Mexico will use Blockchain in public tender offers. According to a government official on Tuesday, the Mexican government is working on a project to track proposals for public contracts using Blockchain technology.

Mexico introduces Blockchain HACKMX

Mexico's National Digital Strategy Coordinator Yolanda Martinez spoke at a technology conference in Jalisco, speaking in detail on the Blockchain HACKMX, which is reportedly in production since September. System designs were initially developed by a college graduate team who won a competition for Blockchain solutions that could help improve public services.

Blockchain technology to understand whether a company that serves government is trustworthy

Yolanda Martinez, said:

With Blockchain technology applied to public contracts, we will be able to understand whether a company that serves the government is reliable. This technology will remove the "easily solvable" human factor and bring transparency to the public procurement process.

Yolanda Martinez also notes that the Blockchain techno- logy will keep records of the bidding process and will allow the deadline.

Mexico does not disclose the technical details of the project that Blockchain will use in public procurement proposals

Technical details about the project are not available. However, it is argued that the project will soon be publicly announced and that the government, especially the state and local governments, has evaluated this technology as a solution.

The Blockchain HACKMX project aggravates the benefits of various platforms potentially hosting the network

The Blockchain HACKMX project, which is available on the UN website and has been in existence since July, aggravates the benefits of various platforms that can potentially host the network: Hyperledger Fabric, Bitcoin, Ethereum, Chain and NEM. The project suggests that networked computers will be run by a group of government departments, universities, non-governmental organizations and private companies.

According to the Corruption Perception Index, Mexico is the 135th country among 180 countries

The corruption issue in the public contract is a major problem in Mexico, due to recent reports of alleged bribery involving bribes in a major South American construction firm and President Enrique Pena Nieto's political campaign. According to the Transparency Perception Index released by Transparency International (TI), Mexico is the 135th country among the 180 countries.

Mexico will use Blockchain in public tender offers | Ecency