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Four Argentine legislators promoted blockchain and AI solutions to national problems.
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Real-world government blockchain deployments remain limited.
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Latin America will process more than $730 billion worth of crypto transactions by 2025.
Four Argentine legislators met in Buenos Aires, Argentina on March 11, during the month-long Aleph Conference to promote blockchain and AI as tools to solve major problems in the nation.
The panel consisted of national deputy Damian Arabia as well as Buenos Aires congressman Juan Fernandez and city legislator Dario Nieto.
They discussed how new technologies can improve democracy, public service, and economic systems. They concluded, however, that the state should have little power over it.
During the panel, Arabia asked how much control the state should have over people’s lives as new technology enters the public systems.
Fernandez’s position was even stronger, adding that blockchain technology and AI can help improve democracy and political systems, without mentioning consumer protection or strict regulations.
Nieto also spoke of “smart regulations” but made it clear that he prefers deregulation. Yesi joked about how all panelists have the same views. The tone of the discussion revealed a strong libertarian viewpoint within Argentina’s political class.
Javier Milei is a president who was elected in late 2023. He also supports libertarian values and has pledged to cut down on state agencies and social programs.
Related Coinbase suspends Peso services in Argentina as Fiat operations are reviewed
Big Promises with Limited Real-World Proof
The legislators used the session to promote Blockchain and AI solutions for healthcare, education, and government system. Argentina has experienced long periods of high inflation and corruption scandals. It also has a low level of trust in public institutions. Many citizens believe that technology can be used to fix broken systems.
But real examples are still scarce. Over ten years of government blockchain pilot programs have resulted in few large-scale deployments. Estonia is often hailed as a success, but many technologists claim that the country relies more on standard databases and cryptographic checks than a blockchain system.
Dubai announced in 2016 it would be the first blockchain-powered government in the world by 2020. The deadline passed without the complete transformation.
The city has launched several pilots to test land registry and visa systems. However, the larger system never materialized. The lawmakers concluded the discussion with an optimistic message. They argued that Argentina’s crisis creates opportunities for new AI and blockchain-based systems.
Crypto Use in Latin America Surges
While the political debate continues, crypto activity in Latin America is growing. According to a report by Argentine crypto company Lemon, the region will have processed more than $730 Billion in cryptocurrency transactions during 2025.
Crypto adoption in Argentina continued to grow even as inflation dropped to 32% in 2025. The average monthly users increased by four times compared to the peak of 2021.
Brazil is the leader in the region for total transaction value. In 2025, the country received approximately $318.8 Billion in crypto transfers.
Related:Argentina may reverse IMF-linked crypto ban to modernize banking sector
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