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Brazilian State Launches Blockchain Platform for Government Contract Bids

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In Brazil, the state of Bahia has launched a blockchain application to track the process of public bidding on government contracts, according to a report by Cointelegraph Brazil on July 12.
The blockchain-based solution, called Online Bid Solution (SOL) was reportedly developed by Cayenne Technology and Design. Bids will reportedly be completely transparent and secure due with the application of blockchain tech.
According to Bahia government, the intended beneficiaries of SOL appear to be the Brazilian agriculture industry.
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