The Argentinian blockchain and digital identity DIDI Project will launch two initiatives related to the financial inclusion of rural producers and another addressing digital government management. DIDI is backed by the InterAmerican Development Bank (IDB) innovation laboratory IDB Lab, which operates LACChain, and non-profit Bitcoin Argentina.
In 2020 DIDI launched a mobile app, ai di, that enables users to store economic and civic credentials, as well as social data. The same year, DIDI piloted a project to help people without bank accounts to build their credit score in the Padre Carlos Mugica neighborhood of Buenos Aires. The results from the pilot were promising, and DIDI will be implementing the same technology in the two upcoming projects.
The financial inclusion project will take place in the Gran Chaco region. The ‘ai di’ technology will be adapted to enable farmers in the region to be assigned verifiable credentials about their sustainable practices. These credentials will count towards “climate risk scores”, that can be presented to financial institutions looking to promote access to financial credit for rural producers and communities.
Government technology company OS City and the Cultural Association for Integral Development (ACDI) will also assist in the development of the projects.
Article continues …

Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.