Buenos Aires Plans to Install Ethereum Nodes - Coinleaks
Current Date:September 22, 2024

Buenos Aires Plans to Install Ethereum Nodes

The Argentine government will move to cities in 2023. EthereumHe announced that they plan to install the nodes.

Secretary of innovation and digital transformation in Buenos Aires, the capital of Argentina Diego Fernandezannounced at the South American country’s ETHTam conference on Thursday that it plans to deploy Ethereum Nodes in 2023.

Buenos Aires to Breakthroughs with Ethereum

The initiative that the Argentine government plans to launch in Buenos Aires is a milestone for the city. The initiative planned by the government will make Buenos Aires one of the first cities in the world to install Ethereum Nodes or a computer running Ethereum client software.

In an interview with CoinDesk, Fernandez stated that the attempt to deploy Ethereum Nodes has exploratory and regulatory purposes and will help the city of 3 million “develop adaptive regulations” for crypto.

The distribution of nodes will be carried out under the regulatory sandbox, which the Buenos Aires legislature approved in 2021. Through the Sandbox, the government of Buenos Aires will invite private parties to contribute to the deployment of nodes.

It is not yet clear how many nodes will be installed in the city, but it is stated that these nodes will be hosted in a world-class data center owned by the government of Buenos Aires.