China and Latin American Businesses Helped by Bitcoin Technology
As the biggest Chinese currency intervention ever sends shock waves to markets around the world, trade between Latin America and China continues to increase exponentially. Concurrently, small and medium Chinese and Latin American entrepreneurs are working actively to make Bitcoin and the blockchain technology successful. For these entrepreneurs, Bitcoin....
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A lineup of 40 expert speakers will highlight the third annual Latin American Bitcoin Conference (LaBitCOnf2015) Dec. 4 and 5 at EBC Campus Dinamarca in Mexico City. The conference is expected to host 250 attendees from 15 countries. The conference goal is to jumpstart bitcoin innovation in Latin America and encourage entrepreneurs to create applications for bitcoin and block chain technology, according to Rodolfo Andragnes, conference organizer. He said the agenda will include topics for entrepreneurs developing applications and for finance sector professionals. Mexico is easily....
Bitcoin is a phenomenon that has introduced a better way to transact for citizens all around the world. Due to a tumultuous recession affecting Latin American economies, the region’s residents are embracing the digital currency as local citizens and businesses try to curb economic woes. According to a recent editorial from the Latin American Post Bitcoin....
MEXICO CITY – The BitGive Foundation has been working to continue its path as an organization that leverages technology to spread philanthropy. Since the creation of BitGive in 2013, the team has helped many organizations, and is now concentrating on their own “Transparency 2.0 Project.” At the recent Latin American Bitcoin Conference Auction, the....
Latin American customers of CEX.io, can now transact using local currency to trade bitcoin on the platform. The London based bitcoin exchange and mining services has recently partnered with AstroPay to facilitate these transactions in the South American continent. Earlier, Latin American users from Brazil, Chile, Argentina, Columbia, Peru, Mexica and Uruguay were forced to use wire transfer or card payments to deposit and withdraw funds. The currency support was limited to euro and US dollar. This was resulting in huge losses to customers in terms of foreign exchange and transaction fees....
Beginning Monday, technology enthusiasts in Brazil became able to convert the Brazilian Real to Bitcoin using a Bitcoin vending machine, also known as a Bitcoin ATM. The unveiling marks the first Bitcoin ATM to be installed in Latin America, with a permanent position at a Sao Paulo bar which is already accepting Bitcoin. As the popularity of digital currency in Latin America continues, many businesses and individuals are taking advantage of the benefits that this new payment method provides. For businesses in developing countries, Bitcoin gives businesses the ability to end costly trade....