Blockchain Summit Latam efficiently concluded its seventh version in Bogotá, Colombia

• Blockchain Summit Latam 2023 introduced collectively greater than 1,500 attendees and over 160 audio system from 22 completely different nationalities.
• Throughout the Enterprise Day, Diego Herrera from the Inter-American Growth Financial institution (IDB) introduced a research on the present state of cryptocurrencies in Latin America.
• Towerbank introduced the launch of a crypto pockets with a checking account, marking a milestone in cryptocurrency adoption within the area.

The seventh version of Blockchain Summit Latam 2023, held in Bogotá, Colombia, was a powerful success due to the participation of over 1,500 crypto fans from Latin America and greater than 160 audio system representing 22 completely different nationalities. They shared their data and imaginative and prescient for the way forward for cryptocurrencies within the area.

The occasion had two distinct parts: the Enterprise Day and the Major Occasion. On October 4th, the Enterprise Day introduced collectively over 350 high-profile executives, offering a wonderful alternative to foster new enterprise relationships, strategic alliances, and develop skilled networks.

One of many highlights of the Enterprise Day was the presentation by Diego Herrera from the Inter-American Growth Financial institution (BID), who, in collaboration with the College of Cambridge, introduced an in-depth research on the present state of cryptocurrencies in Latin America and the Caribbean. Herrera addressed essential subjects resembling monetary inclusion, cryptocurrency investments within the area, and the regulatory challenges confronted by the business. He additionally recommended Brazil for its progress when it comes to rules and crypto adoption.

Moreover, throughout this occasion, Alfredo Bateman, the Secretary of Financial Growth of Bogotá, Isabella Muñoz, CEO of Put money into Bogota, and Iván Durán, Chief TIC Advisor of the Mayor’s Workplace of Bogotá, launched the District of Science, Expertise, and Innovation, which is being established in Bogotá to draw each Colombian and world entrepreneurs to the town.

Mauricio Tovar, CEO of TRU Web3 and co-organizer of the occasion in Bogotá, expressed, “The commonest suggestions from attendees, audio system, and sponsors is that Blockchain Summit Latam 2023 was a high-quality occasion for doing enterprise, buying purchasers, and having discussions in regards to the future. I’m positive that these connections will end in higher services for Latin Individuals.”

The Major Occasion mobilized over 1,500 attendees over two days of convention and featured greater than 160 audio system.

Cristóbal Pereira, Director of Blockchain Summit Latam, said, “We’re delighted to have efficiently closed the most important occasion we’ve got organized up to now. Final yr, we had 1,200 attendees and 125 audio system, and this yr, we elevated by 25% in attendees and 30% in audio system. What makes us happiest is that the essence of the occasion was felt within the phrases of everybody. Enterprise, networking, and the ecosystem are the three basic pillars of the occasion, and for our subsequent version, we’ll proceed to advertise them.”

A few of the most notable discussions in the course of the Blockchain Summit Latam included these by Manuel Beaudroit, CEO of Belo, Marcelo Cavazzoli, CEO of Lemon, Edwin Zácipa, founding father of Latam Fintech Hub, and Luis Ocegueda, Director of Engineering at Belief Pockets. They mentioned the significance of cryptocurrency wallets in facilitating entry and adoption in Latin America, however additionally they famous the necessity for clear rules within the area to realize these objectives.

Famend Bitcoin educator Dan Held defined why he believes Bitcoin will outlast historic types of cash like gold and fiat currencies. Held argued that “Bitcoin was born at a time when the trust-based system had damaged,” notably after the 2008 monetary disaster in the US. He highlighted the important thing to Bitcoin’s potential, its restricted provide of 21 million BTC.

“It’s thrilling to see how huge the Bitcoin neighborhood is in Colombia. Their enthusiasm provides me hope that adoption in South America will proceed to develop quickly,” famous Dan Held.

Moreover, Mauricio Tovar analyzed how cryptocurrencies can assist handle monetary points in Latin America. He defined that whereas cryptocurrencies don’t resolve root issues, they can assist folks save in secure currencies as options to bodily {dollars}, which aren’t simply accessible to everybody. Tovar emphasised that Bitcoin is an efficient long-term funding, as its short-term volatility could not make it your best option for everybody.

Alberto Boada, a board member of the Central Financial institution of Colombia, made controversial statements about central financial institution digital currencies (CBDCs), asserting that CBDCs pose a “important hazard” by permitting a excessive stage of surveillance over customers’ funds, successfully changing into a kind of “Huge Brother” that compromises privateness.

TowerBank introduced the launch of a unified crypto pockets with a checking account in the course of the Blockchain Summit Latam 2023, marking a big milestone in cryptocurrency adoption within the area. Gabriel Campa, Head of Digital Belongings on the Panamanian financial institution, highlighted that “Ikigii, Towerbank Worldwide’s Crypto-Pleasant Banking platform, simplifies cryptocurrency investments, enabling customers to purchase, promote, trade, and obtain funds in a US greenback account. It additionally provides a Visa debit card and worldwide transfers, combining the very best of banking and the crypto world.”

Moreover, Towerbank provided all its crypto-friendly account clients the chance to deposit USDT and convert them to USD of their accounts with no charges, as much as $1,500. This promotion is legitimate for a restricted time.

The occasion concluded with a panel titled “Blockchain and Combating Corruption: Constructing a Extra Clear and Socially Impactful Future.” The panel was moderated by Diego Mazo, co-founder of Tropykus, and featured Mónica Taher from RocketFuel, Indira Kempis, Senator for Nuevo León and presidential candidate for Mexico, and Pierre Champsavoir from Blockchain for Good.

Senator Indira Kempis highlighted that implementing blockchain expertise can enhance the notion and execution of presidency capabilities for the advantage of the inhabitants. She additionally emphasised that corruption has grow to be a severe subject within the area and may very well be addressed or at the very least managed by way of blockchain use.

The in depth attendance, quite a few enterprise alternatives, and the excessive caliber of audio system reaffirmed the place of Blockchain Summit Latam because the main occasion on cryptocurrencies and blockchain in Latin America. The occasion acquired help from distinguished nationwide and worldwide sponsors resembling Towerbank and Exness, in addition to Colledge, International DTT, BingX, Algorand, Ledn, Bitso, Fireblocks, Solidus Capital, Web Laptop ICP, Chainalysis, Bitgo, UnionBlock, Vantage, Koibanx, CoinEx, Unergy, UTIX Blockchain Ticketing, AFTX, Nexxdi OTC, Worldcoin, Ripio, Tropykus, CESS, Coincaex, TruBit, Rootstock, RIF, and GSE.

When you couldn’t attend the occasion, we invite you to observe all of the live-streamed talks from the Blockchain Summit Latam on our YouTube channel.

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