Latin America’s Big Blockchain Opportunity
Decentralizing the financial sector and putting trust in distributed ledgers means less reliance on the continent's corrupt intermediaries.
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Just over six months after the launch of its Creadores program, Latin America’s biggest social network Taringa! has distributed 195 BTC — or $76,000 USD — to its top content creating users in what may be one of the best use-cases for the cryptocurrency to date. The top contributor has received over $2,000 USD in bitcoin just six month after the launch of....
Bitcoin, fintech and DeFi can help Latin America become an interconnected and inclusive regional economy.
Did we overestimate Latin America’s interest in Bitcoin and other cryptocurrencies? Even though the continent seems to need the technology the most, mainstream adoption feels so far away. The El Salvador experiment might change that, but it’s not a guarantee. And, so far, there are no major indicators that any other country is going to […]
Crypto education could be key to promoting financial empowerment and increasing mass adoption across Latin America — if we do it right. In October 2021, it was estimated that approximately 15% of the world’s supply of Bitcoin (BTC) was in circulation in Latin America. According to a recent report released by Crypto Literacy, however, 99% of Brazilian and Mexican respondents failed a basic assessment on crypto literacy. Crypto adoption is well underway across the region — on the rise even — but, people still lack a basic understanding of its underlying technology and use cases. When this....
Cartagena, a historical city in Colombia’s Caribbean coast, is set to play host to the Blockchain Latinoamérica conference in December. This will be Latin America’s second regional conference in Latin America in 2016, after the Latin America Bitcoin and Blockchain Conference (LaBitConf), which will hold its fourth annual meeting in Buenos Aires in November. The conference promises to explore the potential impact of Blockchain technology that will “irreversibly transform not only the financial world but diverse industries by allowing secure and distributed transactions without the....