On August 24, in the city of Buenos Aires, Argentina, a conference to discuss the future of blockchain technology applied to finance, with the presence of public officials in charge of the internationalization of the sector and leaders of blockchain platforms. This was reported by the organizers to Cointelegraph en Español through a statement.
The event was opened by Sebastian Laino, director of Knowledge-Based Services of the Ministry of Foreign Affairs, International Trade and Worship of the Argentine Republic. In his words he highlighted: “We find with the Argentine entrepreneurs associated with the knowledge economy, three factors that I consider are determining and different from the rest of the Argentine productive sectors: the first is the global vision they have, a capacity for innovation and creativity that is recognized throughout the world, and the third is its collaborative spirit”.
The public attended to learn what Binance’s vision is for the future. In his position on the future of blockchain technology applied to finance, keynote speaker Maximiliano Hinz, Director of Latin America at Binance said: “In history, there has not been a technology as reliable as blockchain since it does not fall, it is decentralized and it is scalable because operations can take place without any problem.”.
He also stressed: “In Argentina we have a well-known case but people do not know what is being done about blockchain: the official bulletin. It is mounted on the Argentine Federal Blockchain, which is basically a timestamping (a timestamp), anyone can see it but not everyone can write it.”.
For her part, the speaker Paula Monticelli, co-founder of Cryptomate, presented her venture as a decentralized ecosystem and a guide based on artificial intelligence so that people and business models can benefit from the new economy of cryptocurrencies. According to Paula, “decentralization proposes a new economy and a new functioning of money, and this influences both public and private and even mixed systems”.
He also remarked: “We see new perspectives of how data is handled, how it is transmitted. Institutions are increasingly looking to incorporate blockchain technology and it is definitely a paradigm shift. At Cryptomate we are dedicated to improving infrastructures and thinking about the term interoperability as a basis for thinking about how the two Webs that are present today: 2.0 and 3.0, dialogue. Web 2.0 is the web that we know today of social networks, the one that invites us to generate content and extract it, and Web 3.0, which is the web of the decentralized economy.”.
Juan Pablo Lafosse, CEO & Co-Founder of TravelX, also participated in the debate, together with Facundo Díaz, Co-Founder of the same, which is building a distribution protocol based on blockchain designed to create a travel industry. The company’s technology would allow travel providers to more efficiently manage their inventory, tokenize it into NFTs and other use cases that seek to improve both flexibility for travelers and profitability for providers. For Facundo Diaz, “Web 1.0 was the static web, where you entered a website and saw it, Web 2.0 is that of interaction and information and the new Web 3.0 that we are experiencing today is the Internet of value”.
He then highlighted: “They are stages of internet evolution. Web 2.0 today is broken, as all internet data is monopolized by five or eight companies. In Web 3.0 and in blockchain, what are built are clear business rules, smart contracts, open protocols so that many actors can continue building on that and space is given to consensus”.
The conference originated to learn from companies that use Blockchain technology with the intention of improving the quality of life of people.. At the event, the work being done on improvements in the travel industry, services for the introduction to Web3 technology, NFT art galleries and investment groups, which bet on teams of innovative people and with an inclusive vision of the society.
Martín Gonzalez, CEO & Co-Founder of BAG, a blockchain solutions company, also participated as a speaker in the panel, who commented: “The blockchain, in addition to giving us advantages of transparency, traceability and decentralization, removes the need to have a trusted third party in transactions, today for a transaction to be carried out from one country to another, only the blockchain code is needed. This technology avoids friction and provides security, that is the great revolutionary leap”.
The debate was also attended by Andrew Piscione, leader of the crypto team of the United States investment fund Valor Capital Group and Ambassador of the Global Blockchain Business Council, a non-profit association. In his speech he highlighted: “With more data to help us understand human behavior, we can understand what problems we need to solve. I believe that the value that blockchain brings in any sector is the ability to bring information from the data that we get from what human beings do in their day to day and manage it in a way that is safe and resilient.”.
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