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Felipe D’Avila: what is the presidential candidate’s opinion on cryptocurrencies?

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(Image: Facebook/Felipe D’Avila)

on the eve of election, it is important to know the positions of candidates on different topics. One of them are the cryptocurrencies.

As it is a new and constantly changing subject, the topic can be on the agenda during the elected government.

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In the case of candidate Felipe D’Avila (NOVO), the topic was mentioned a few times. Given the liberal-economic ideology of the NOVO party, it was to be expected that the candidate would be aligned with a more permissive approach to the matter.

The candidate’s first relationship with the topic can be dated back to 2018, when the official website of the Center for Public Leadership (CLP) – a non-profit organization dedicated to the training of political leaders – founded by him, published an article entitled “Technology blockchain applied to the public sector”.

“Blockchain technology applied to the public sector”

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In 2008, D’Avila founded the Center for Public Leadership (CLP), a non-profit organization dedicated to training political leaders.

In a post made in October 2018, the candidate already talked about the use of blockchain technology in the public sector.

The publication, signed at the end by Juliana Lohmann, Public Policy Management Analyst at Sebrae/RJ, addresses the classification of blockchain technology and how it works.

Throughout the article, scenarios are introduced where the blockchain could be used in the public sector. Check out the topics and proposals made in the 2018 article.

  • Public Procurement (bids)

“Imagine the possibility of having the so-called tenders, as well as the minutes of these processes published on blockchain? In the case of government procurement, this would be a way of allowing broad visibility and transparency to the process, intensifying and optimizing the practice of social control. Mexico is implementing a pilot project in its purchases.”

“Blockchain technology would allow the creation of digital birth certificates (dispensing with current requirements), automation of customs operations and traceability of bidding processes. Certainly, the costs for business registration could reach around 50%, just by dispensing with the use of the digital certificate. Not to mention the impact in reducing the number of days for registration monitoring and business licensing purposes.”

“With blockchain technology, it is possible to dispense with the need for citizens to go to the registry office, without having to face long queues, in offices that still preserve processes that date back to the Empire and without the need for intermediaries for validation and authentication of records. Pelotas (RS) and Morro Redondo are examples of municipalities in the South that are implementing pilot projects to use blockchain for land registration.”

  • Participatory budgeting

“The guarantee that signatures and votes can be processed digitally with registration on the blockchain, gives us the certainty of the veracity of auditing who is really positioning themselves from the crossing of data. In Portugal, the issue is being discussed with the aim of bringing citizens and the government closer together.”

“Paying taxes in Brazil is still a difficulty for taxpayers. According to the World Bank’s 2017 report, Brazil is among the countries that take the longest to carry out this activity. Among the obstacles faced are the difficulty in calculating taxes and fees, access to forms of payment that are often restricted, among others.”

Direct quote to cryptocurrencies and Bitcoin

In an interview with Livecoins in August of this year, the candidate reaffirms the interest, previously exposed by the entity, in the crypto market.

He says he is familiar with and considers the sector very interesting in terms of innovation.

“Not just in the sense of monetary innovation, which facilitates economic transactions, but in the whole part of digitizing contracts that the use of blockchain makes possible,” he tells Livecoins.

He completes by saying that he thinks it is important for the government to be careful and it needs to “be responsible and avoid putting the economy and the provision of public services at risk”.

“But I am in favor of localized experiments in the use of these new technologies. Green bonds, for example, could be a good testing ground for using cryptocurrencies,” she says.


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O Money Times publishes informative articles of a journalistic nature. This publication does not constitute an investment recommendation.

Source: Moneytimes

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