LaBITconf, the Latino American Bitcoin Conference, setsÂ roots in Mexico City on December 4-5, bringing Bitcoin pioneers to a remittances and eCommerce gold mine.
This 2015 laBITconf features renowned speaker Andreas Antonpolous, a technologist, serial entrepreneur and thought leader in the Bitcoin space since its early days. He is the author of âMastering Bitcoin,â a book intended to help newcomers and developers âunlock digital currencies.â
Alongside lawyers and fintech experts is AgustÃn Aramburu Sierra, ecommerce director of AXA, an insurance company that boasts it is the ânumber one insurance global brand,â claiming to have been so âfor 7 consecutive years.â According to its LinkedIn profile, AXA has partnerships with âHSBC, ICBC, Mandiri, BNP Paribasâ and âAll together â¦ service over 103 million customers worldwide, in 59 countries.â Adding even more institutional credibility to Bitcoin in Latin America. Last but not least, Sergio Lerner renown security consultant, Cryptocurrency designer and Security adviser for the Bitcoin Foundation. Will be revealing the white paper of RootStock, a sidechain implementation that aims to bring the power of and âImproved Ethereum virtual machineâ to Bitcoinâs large and mature network.
That makes Mexico a ripe environment for fintech startups, and, as such, a great place for the third Latin American Bitcoin Conference. For those considering making the journey, donât miss out on this incredible discount on the conference price offered by Bitso, the largest Mexican Bitcoin exchange.Â
When asked about Pillsburyâs interest in Bitcoin and the blockchain, Marco A. Santori told NewsBTC: âOne of the tremendous promises of Bitcoin is its potential to revolutionize remittances and payments in parts of the world that are underserved by the systems in place today. Â Pillsburyâs Bitcoin and Blockchain Team has long advised the companies making good on this promise, helping them maximize the benefits and minimize the risks in bringing this technology to their users.â
According to its website, Pillsbury has been at the forefront of Blockchain legal development since 2012, and has been called on by SEC regulators, exchanges and SEC-regulated companies alike.
Erik Voorhees, early adopter and serial entrepreneur, also will be speaking at laBITconf. He is the CEO of the cryptocurrency exchange Shapeshift.io, is the co-founder of Coinapult and has been involved with various other companies on the cutting edge of blockchain technology.
Many other Bitcoin pioneers from Argentina and Latin America will be participating in the conference. Furthering the vision of Bitcoin as more than just another way to buy coffee in the West, instead delivering financial tools from the first world to the hands of populations under unstable economies and capricious legal jurisdictions.
Add to that Mexicoâs massive remittances market with the United States to the tune of $20 billion in 2013, making up a third of Latin Americaâs expected remittances volume during the following years, according to a report by the World Bank
âLess than a quarter of Brazilians and Argentinians use smartphones, while in Chile and Peru the numbers drop to less than one fifth. In the U.S,. smartphone penetration tops 65%. By the end of 2015 there will be 65 million Internet users in Mexico, and by 2018 the number of âinternautasâ is expected to jump to 80 million â 21.1 million of whom are expected to become online shoppers,â according to journalist and researcher Nathaniel Parish Flannery. Â
One such company may be Bitso, the largest Bitcoin exchange in Mexico and another platinum sponsor of the conference. Its CEO and co-founder Pablo Gonzales has a background in multidisciplinary arts, media and advertising, and will also be speaking at the conference, alongside Jose Rodriguez, fintech expert and vice president of payments.
As a law firm with more than a century of history and experience, Pillsburyâs interest in Bitcoin brings a remarkable kind of legitimacy to the technology at an institutional level.
âbetween 2014 and 2018, smartphone users will grow from 24.0% to 40.0% of Mexicoâs overall population.â
To put that in perspective,
In 2014, eMarketer forecast that
Mexico is often heralded as a diamond in the rough when it comes to eCommerce and fintech innovation.
How Pillsbury sees the potential of the blockchain as a replacement for government notary systems, or as a frictionless way to transfer nonmonetary assets, is not yet clear. The fact that they are willing to be platinum sponsors however, suggests that their outlook is optimistic, even if only focused on Bitcoin as a monetary technology.
This year also features Marco A. Santori, a New York attorney with Pillsbury, one of the platinum sponsors of the conference. He was described by an American Banker reporter as âthe Dean of Digital Currency Lawyers,â and is renowned as a Bitcoin legal expert advising companies such as Blockchain on how to plan their compliance approach and/or how to structure their companies to âwhere appropriate, avoid them entirely.â
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