Latin America and Spain: Blockchain Projects with Cryptocurrencies

Cryptocurrencies of Spain and Latin America

Cryptocurrencies from Spain and Latin America

According to the recently published study titled Global Cryptocurrency Benchmarking Study led by Dr. Garrick Hileman and Michael Rauchs, researchers from the Cambridge Center for Alternative Finance (CCAF), Bitcoin is the most globally accepted cryptocurrency by both merchants, individuals, miners, wallets and exchange houses; However, altcoins represent a solid alternative that shows an exponential increase in their use, price and acceptance.

More than 1600 reliable and tradable cryptocurrencies are currently calculated worldwide in the main exchange houses and crypto asset markets in the world, being Spain and Latin America 2 potential growing markets in terms of crypto assets and cryptocurrencies. In this publication we will explore the most recognized cryptocurrencies in Spain and Latin America to make a fair assessment of the current situation in this matter.

Introduction

This new FinTech era emerged little by little with the birth of Blockchain Technology (Blockchain) in the world, back in 2.009 with the creation of Bitcoin, It has caused to this day the emergence and exponential growth of many public and private, citizen and commercial initiatives, on a platform of goods and services together with the use of tokens, crypto assets and cryptocurrencies, around the world, being Spain and the Latin American region a good example of them.

All this is due to the main attraction of cryptocurrencies, that is, their decentralization, which in regions like Latin America this allows a new form of wealth that is not controlled, restricted or blocked by a specific country, government or public or private banking institution.

Certainly some of them in recent times, are being created by governments or private or private institutions with the implicit or tacit support of certain powers or national institutions, and some have even been created to be traded for a specific audience.

List of Cryptocurrencies

The brief summary of the most recognized and reliable cryptocurrencies presented below, in alphabetical order and grouped by country of origin, are just a small sample of some of the current ones created for various purposes, such as: Promote the national public or private economy, level and increase the socio-economic conditions of the towns or communities that manage them, support the development of public initiatives or private, or achieve local adoption of new technology.

Y Although cryptocurrencies are not the panacea or the definitive solution to fix the economies of Latin American countries, for example, and may continue to find certain governmental or private restrictions or impediments in certain countries for their free adoption, These will continue to be an expeditious way for many to improve their quality of life and survive the economic situations, moderate or severe, of each country in the region.

Many are the projects that are currently being carried out in Spain and Latin America and many are in the making, and not only in areas such as technology or infrastructure investments, but tourism, education, and government management. Examples, such as in:

Spain

PesetaCoin:

Developed from Bitcoin and Litecoin but focused on the Spanish field and with joint mining. See more about her at Coinmarketcap.

MealToken:

Gastronomic cryptoasset specially designed to promote Nostrum, the Spanish take-away food chain. It's not on Coinmarketcap yet.

Latin America

Argentina

JasperCoin:

Cryptocurrency that promises to democratize mining through the 'proof of consensus' algorithm and its own mining prototype, called Jaspberry. It's not on Coinmarketcap yet.

inbest:

Cryptocurrency (Token ERC-20) created to trade and invest in the decentralized global network of Inbest Network that aims to make the cryptocurrency market accessible to everyone. It's not on Coinmarketcap yet.

Bolivia

World:

Cryptocurrency based on blockchain technology and designed on the Ethereum ERC-20 platform, which will have its own Electronic Wallet. It's not on Coinmarketcap yet.

Brazil

Niobium Cash:

Cryptocurrency that aspires to become a fast, safe and efficient payment method. In addition to promoting research on FinTech Technologies in the country. It's not on Coinmarketcap yet.

Chile

Chaucha:

Cryptocurrency based on the source code of Litecoin and designed to fulfill the role of 'cryptoasset model' to guide future developments. It's not on Coinmarketcap yet.

Luka:

Cryptocurrency that wants to be the basis for the power of the personal information of each user through a blockchain of anonymous transactions that process the data through decentralized applications for free use. It's not on Coinmarketcap yet.

wow:

First Chilean Ethereum Token that seeks to bring blockchain technology closer to the public by promoting knowledge of the use of tokens and deepening knowledge of cryptocurrencies. It's not on Coinmarketcap yet.

Colombia

Celcoin:

Cryptocurrency promoted as the first 100% Latin American cryptocurrency and the only one that was born with an extensive network of adoptability and usability, to be used as digital cash, immediately. It's not on Coinmarketcap yet.

a Gemer:

Cryptocurrency backed by Colombian emeralds that provides a mix of
secure digital assets managed by blockchain and stored Colombian physical emeralds
in security vaults of safe deposit box companies. It's not on Coinmarketcap yet.

triskele:

Cryptocurrency created for use within the "Trisquel Premium" Crypto Ecosystem, which is an ecosystem of businesses and services in which Cryptoeconomics is promoted at an international level in a professional, sustainable and safe way and which aims to educate people to show their true potential of cryptocurrencies. It's not on Coinmarketcap yet.

Scolcoin:

It is a decentralized cryptocurrency governed by people, backed by consensus and committees of entrepreneurs. He hopes to revolutionize altruism by aligning economic incentives in a decentralized community. It's not on Coinmarketcap yet.

Cuba

cucoine:

Cryptocurrency jointly developed by the FinTech Division of Cuba Ventures, Revolupay® and the CubaFIN loan platform, with the intention of making it a global cryptocurrency, whose value is linked to the main fiat currencies of the Caribbean. It's not on Coinmarketcap yet.

Ecuador

Sucrecoin:

Cryptocurrency that allows users and developers to take advantage of this powerful technology for social media, websites, blogs, and e-commerce sites. And it was created to avoid inflation in the outflow of currencies in non-dollarized countries. It's not on Coinmarketcap yet.

Mexico

agrocoin:

Cryptocurrency that is dedicated to strengthening the national field through the development of hectares of habanero pepper. It is a cryptoactive (investment product) of Amar Hidroponía that allows the investor to participate in the profits that are generated in a Production Unit of Chile Habanero. Not on Coinmarketcap yet.

Tradcoin:

Cryptocurrency backed by real estate and Mexican businesses, which was born with the purpose of promoting commerce, culture, traditions and tourism in Mexico within and outside its borders. There are 7 pillar sectors (Real Estate, Technology, Commerce, Tourism, Art, Startups and Health) that support TRADcoin, within which real, tangible and above all viable projects are proposed. Not on Coinmarketcap yet.

Peru

lekcoin:

Cryptocurrency that hopes to be an effective and efficient means of exchange for the purchase and sale of goods and services, solving the problem of going from the status of "Storage of Value" to the status of "Transactional Use", by becoming a recognized exchange agent and accepted by local and international businesses and companies. Not on Coinmarketcap yet.

Venezuela

Arepacoin:

Cryptocurrency that seeks easy end-to-end use, by providing the ability to be used as a market element, buying, selling, saving, goods, services, trading and exchanging with other cryptocurrencies. Its creators hope that it will become the engine for promoting an independent, transparent and open digital economy to the direct participation of citizens of the country and the world, which will serve as a platform for the development of crypto-assets and innovation in Venezuela and others. emerging countries. It's on Coinmarketcap.

Bolivarcoin:

Cryptocurrency created in 2015 and based on the Bitcoin culture, aimed at maintaining anonymity, speed of transactions and financial freedom. His goal was to create a trusted national cryptocurrency backed by Venezuelan citizens. Bolivarcoin's philosophy is to follow the ideals set by other altcoins and adapt them and make it more user-friendly by creating a campaign on social media to report on their benefits and uses. Owns a alternative informative website y is in Coinmarketcap.

lakracoin:

Cryptocurrency that strives to reward human potential, with a stable exchange rate, and a higher and guaranteed rate of return on the investment made. Find the empowerment of the personal economy through the development of innovative tools based on existing technologies, such as: E-commerce, POS mining and many other things that will be added within the Crypto Ecosystem of its platform, which is constantly growing. Not on Coinmarketcap yet.

onyxcoin:

Cryptocurrency conceived as totally decentralized Digital Money. As an open source development it is focused on privacy and promises instant transactions. The Crypto Ecosystem of the Onixcoin Project is in continuous development and expansion to try to become the main decentralized and international payment method in Venezuela, by offering a loan platform, and a complete REST API for the integration of systems and maximum usability of blockchain, among many other business and service projects during 2018 and 2019. It has a alternative informative website y is in Coinmarketcap.

Rilcoin:

Cryptocurrency designed to be comfortable and accessible for its users by making transactions from their wallet safely, quickly and without intermediaries. Created to help improve the national economy, it focuses on the country's tourism market that has great potential to be exploited, from visiting great and splendid natural sites in the country to enjoying the best hotels. Not on Coinmarketcap yet.

wolfclovercoin:

Cryptocurrency backed by the WolfClover Company, which has a digital platform that specializes in the world of the new financial era, currencies and cryptocurrencies, which has a valuable work team made up of Venezuelan entrepreneurs who seek to grow and give opportunities to others people, becoming a large family hoping to capture the interest of a loyal and regular member base with its wide variety of products, services, reliability and security. It's not on Coinmarketcap yet.

There are some other experiences in Latin America that are still in gestation, early development or pilot tests in some other countries in the region such as the current Cryptocurrency Petro from Venezuela, or future Cryptocurrencies Vara from Guatemala, Kokicoin from Puerto Rico or the E-Peso from Uruguay, which will surely mature in time and have good success in their country and possibly in the region in the medium term.

Conclusion

It is estimated that Blockchain Technology and its associated products / benefits, among which cryptocurrencies are the most popular and well-known, will continue to spread and be adopted at all levels, not only at the regional level of Latin America but worldwide., both public and private, social and commercial, among others, to generate the greatest amount of well-being and happiness possible to the societies where they are used.

And the work or role that the university financial, technological and educational system has is essential for the interest and use of cryptocurrencies to continue to increase. For this, activities such as Meetups, Forums, Talks, Courses or Research Projects are essential to ensure that the trend does not diminish in favor of the centralized World Economic System of the last century that still continues among us.

If you want to know and learn a little more about Financial Technologies, The Blockchain and Cryptocurrencies, I recommend you read more, starting with this internal link (Alternative Operating Systems for Digital Mining) and this external one (Glossary on Blockchain and Cryptocurrencies: The FinTech World).