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Blockchain Breaking Into Latin America Market

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KICKICO recently co-organized a cryptocurrency congress in Argentina, which took place from the 6th to the 10th of April in Cordoba and Buenos Aires.The event demonstrated a rapidly growing interest for blockchain technology and cryptocurrencies with a KIKCICO-led group of Russian specialists meeting local students, startups and government officials. Those present agreed to prepare a series of educational programmes to enforce cooperation between the two countries.

The congress included a series of presentations, meetups and business panels held in three of Argentina’s leading universities: National University of Cordoba, National Technological University and and Blas Pascal University. A series of business dinners and extended negotiations with Cordoba province regional and municipal authorities (Cordoba Province Government officials, local legislative body member Sandra Trigo and Cordoba municipal authorities) took place as well. The speakers panel included KICKICO early investor Alexander Petrov, Menaskop exchange founder Vladimir Popov, and Sofia Paskal, representative of PR department at KICKICO, as well as NEM blockchain team.

The discussion was aimed to determine the most promising sectors to form breakthrough technological solutions in connection with blockchain, which are, according to Popov, big data, data mining, AI and neural networks. Development of the ICO industry was also discussed. Lack of bureaucracy and low entrance barriers caused an inflow of easy profit seekers into the industry. According to Popov’s estimate, 47% of ICOs currently taking place are scams.

Petrov believes that from the very beginning, the ICO industry has been hurt by mispositioning: ICOs, in essence, are tools to create token based economy, not a fundraising technique. As the industry becomes more mature, it is transitioning and future Bills Gates and Elons Musk are expected to arise. The cryptocurrency market is currently experiencing a volatile phase yet there are no strong calls for global collapse of the sector.

KICKICO ideas were well received from future professionals, business and public management practitioners. The administration of the National University of Cordoba has officially confirmed the university’s intention to develop blockchain-related educational programmes: the ‘Educational interest declaration’ on blockchain was signed, and KICKICO was officially asked to prepare a teaching programme on blockchain in Spanish.

During the talks with the Cordoba Province government officials, local parliament members and Cordoba municipal authorities, potential ways to arrange tender campaigns and official document turnover using blockchain were asserted. It is possible that there will be a special economic zone set up in the region allowing blockchain and DTL-based startups and projects to enjoy special tax treatment and light regulation.

Given KICKICO’s expertise in forming global blockchain communities, actively pursuing Spanish-speaking users and establishing the Latin America market has become one of the company’s core priorities.

Matthew Warner
Based near Windsor, England, Matthew Warner is an enthusiast for innovative, cutting edge technologies. He is a B.Eng. graduate in engineering with honors from the University of Warwick and also holds an PGCE in education degree. Matthew is a member of Mensa.