Thursday the 5th of September took place the second edition of the Blockchain Summit Uy in the city of Montevideo. The event counted with the participation of the government, Central Bank, related to the ecosystem of cryptocurrencies, blockchains and international guests.More than 200 people attended the talks and workshops that were conducted simultaneously with the more than 40 speakers who explained the virtues of the cryptocurrencies, the challenges of the market and the use cases of business, in the second edition of the Blockchain Summit OOPS.
The event has the objective of promoting blockchains, the cryptocurrencies and be the meeting point of the community. We also call on the government and the Central Bank of Uruguay to provide its position with regard to this revolutionary technology and thus be able to discuss a regulation favorable.Ignacio Varece, CEO of Blockbear and organizer of the event.
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Uruguay has the potential to become the hub of Blockchain
This was what said German Tugores COO of Blockbear, who along with Marcelo Montoro, Group Consultant, commented that they worked more than six months to convene the participants. Germán explained in an interview for Breaking News that the software represents the third largest export of the country, and thanks to the export processing zones is exempt them from tax to boost the IT sector, which represents a great opportunity for the produce industry of custom software based on blockchains, digital payments and the cryptocurrencies.During the event, gathered numerous enthusiasts of the cryptocurrencies. Source: Blockchain Summit UY 2019 / TwitterEl event demonstrated a remarkable growth in the developer community because there were rooms filled at the workshops and programming workshops with technology of Ethereum, Wibson, Iota, Aeternity, IBM platform, Tokenizate and Omnia Blockbear that focused on scaling up of networks and implementation of point solutions, as in the case of Bim Trazer IA, for the construction industry.
Bitcoin and the criptocomunidad
The community Bitcoin also grew and was considered by Rodolfo Andragnes of the Ngo. Bitcoin Argentina to perform in the month of November, the event laBitconf, which is one of the oldest events and recognized in the region.The organizers and attendees explained that it is not yet easy to acquire cryptocurrencies in the country, although there is a house change of cryptocurrencies that offers the main cryptocurrencies through a strategic alliance with Bittrex, the step of fiat currency to criptoactivo has a lot of friction and therefore a large part of the volume of exchange occurs in groups of WhatsApp and Telegram.
Blockchains and public permisionadas for companies in Uruguay
The corporate and financial sectors had a notable presence, and in our interviews, attendees stressed that they took the opportunity to do networking and new business thanks to the presence of experts in regulation and various technologies.
We decided to participate in the event and to put our operational base in Uruguay because we believe that it is the country most friendly to perform a process of expansion of our platform of contracts of intelligent, scalable, furthermore we will invest and encubaremos Latin American projects that use our blockchain.Pablo Coirolo, Board Menber Aeternity.
In the event covered topics such as the traceability of supply chains on Ethereum, Hyperledger Fabric, Nem, RSK and integration of IoT in tokenization of wines on the waterfront project Flowers. The exhibitors highlighted that little kick to get through these pilot tests to production because the blockchains are dedicated to the area have matured enough to withstand the demand transactional of the possible actors interested in participating.Implementations in financial banking sector as finargy of Blockbear, R3 corda and Grant Thorton were taught by advances and growth in the sector.
Whenever we participate in this event because it brings together the actors who can grow the sector and in particular to the software industry because our engine solutions Catapult focuses on companies and corporations to find solutions that are scalable and capable of integration with other networks Blockchain.Sasha Ivanova, busines developer at Foundation Nem and CEO of Sharp Shark.
The government also outlined the areas in which they are working, Maximilian Maneiro, manager of emerging technologies deAgencia of e-Government and Information Society and Knowledge (all data), emphasizing that it is not working with cryptocurrencies, that corresponds to the Central Bank but if they have a look very critical with respect to adopt a technology that is rapidly changing and the focus is not on training, but find out who is the best provider of services based on blockchains.Breaking News will devote an article exclusively to the exhibition of the chairman of the Central Bank of Uruguay.