Telefónica Tech, Telefónica’s digital business unit, has joined the LACChain Global Alliance, which is made up of different actors in the Blockchain environment and is led by the Innovation Laboratory of the Inter-American Development Bank Group (IDB Lab).
The focus of the members is to promote the significant adoption of this technology and develop the Blockchain ecosystem in Latin America and the Caribbean.
The partnership includes the possibility for Telefónica Tech to have solutions in infrastructure and technological tools of the LACChain networks and connection with Blockchain entities and communities, organizations involved with LACChain, public and private entities and Blockchain communities in the region.
This agreement is part of LACChain’s objective of accelerating the enablement and the adoption of Blockchain to promote innovation and aims to reduce economic, social, gender and other inequalities based on two main aspects: the community and the infrastructure.
José Luis Núñez, Head of the Blockchain Unit, Telefónica Tech, said: “By joining the LACCHain Global Alliance, we seek to combine co-operation, collaboration and co-ordination with the Blockchain ecosystem to value the potential that this technology has in Latin America and the Caribbean.”
With the incorporation of Telefónica Tech, the LACChain Alliance counts on 57 allies in the Blockchain environment, supporting public-private partnerships and solutions based on this technology in 16 countries in Latin America and the Caribbean.
