In the same week that OriginalMy was recognized by the European Union as a Trusted Blockchain Application and became a member of INATBA, more great news come: it was also recognized by the United Nations a blockchain use case for social impact.
In April this year, OriginalMy participated in the International Communications Union (ITU) 6th meeting of the Focus Group on Applications of Distributed Ledger Technology. There, our CEO Edilson presented the company and its achievements, highlighting how it has been heavily involved in public life in Brazil, working to democratize access to justice.
OriginalMy was considered a use case for the government and public sector and summarized in the Technical Report as a project that is “improving governance authenticating identities, authorization signatures and digital content“:
“Founded in 2015, OriginalMy envisions a world in which individuals and entities have a balanced alignment of interests and are empowered to take necessary actions that build Trust in the e-Governance for the benefit of the entire organisation.
The challenge to achieve that vision is building Trust and increase the overall governance process while providing compliance, risk management and cybersecurity tools that cannot be flawed, corruptible, tamperable and non-verifiable – because of centralisation.
The solution is presenting a trusted and immutable blockchain framework with:
– The next generation of Digital Identity & storage of assets;
– Seamlessly authentication with proof-of-authorship;
– Single Sign-On, with control of delivering of personal data;
– Authentic signed documents, contracts and transactions ;
– Proof-of-authenticity for digital content;
– Blockchain-enabled e-voting systems;
This approach is trustful because it improves the overall e-Governance reducing costs and saving time, is flexible to address an array of risk and compliance needs, performs traceability of all digital acts performed and has the security provided by blockchain cryptography protocols.”
By allowing for the tokenization of all of a person’s resources, assets, and attributes and attaching it to a blockchain ID, OriginalMy avoids the need for third parties to verify ownership. With that, it reduces costs and time associated with bureaucracy, thus empowering people.
This empowerment is especially important because it contributes to four of the United Nations Sustainable Development Goals:
- Goal 16: Promote just, peaceful and inclusive societies
- Goal 5: Achieve gender equality and empower all women and girls
- Goal 10: Reduce inequality within and among countries
- Goal 17: Revitalize the global partnership for sustainable development
The recognition granted by the United Nations is evidence of the importance of the work done by OriginalMy, highlighting the positive impacts of the project.
OriginalMy’s PACWeb was recognized by the Court of Appeals of São Paulo as a valid way to collect and store evidence of online content for courts. You can learn more about it on our website and download the plugin on the Chrome Play Store.