The Trust for the Americas joins the LACChain Global Alliance.

Intending to collaborate to develop and promote blockchain-based solutions and benefiting the region, the Trust for the Americas joins the Global LACChain Alliance as a partner.

Today, The Trust for the Americas, the non-profit organization affiliated with the Organization of American States (OAS), has joined the LACChain Global Alliance.

Through its access to decision-makers within the region and strong networks across member states and the private sector, The Trust for the Americas promotes social and economic inclusion for vulnerable communities in the Americas.

In this sense, the partnership is announced based on the common goal of promoting the meaningful implementation of blockchain technology and the development of the blockchain ecosystem in the region.

Aiming to contribute to a peaceful and just region, The Trust for the Americas and LACChain will seek to explore together use cases of interest of both parties and collaborate to promote and propose those related to public-permissioned blockchains.

Among some of the objectives of the Alliance are:

  • Collaborate to expand existing solutions on blockchain that The Trust for the Americas has promoted.
  • Hold closed and open on-/or off-site workshops, webinars, bootcamps, and other capacity-building opportunities.
  • Coordinate via Social Media to reach the best possible output for joint events.
  • Promote each other´s activities or initiatives.

Regarding this announcement, Rodrigo Iriani, Senior Program Manager of DIA-Democratizing Innovation in the Americas, representative of The Trust for the Americas, said:

“The Covid-19 pandemic accelerated the need for technology solutions and nurtured the development of a vibrant GovTech ecosystem. Our first pilot projects using blockchain technology for commercial permits in two Municipalities of Costa Rica shows the potential of making government services transparent and efficient. The partnership with LACChain represents the possibility to expand and sustain these initiatives over time.”

With the incorporation of The Trust for the Americas, the LACChain Alliance is made up of 54 allies of the blockchain environment supporting public-private partnerships and blockchain-based solutions in 15 countries in the region, which currently supports the development of 34 projects with an impact on inclusion, with 105 nodes and 59 entities that execute nodes in a history of more than 28 million blocks.

Learn more about The Trust for the Americas:

The Trust for the Americas is a non-profit 501(c)(3) organization affiliated with the Organization of American States (OAS). It was established in 1997 to promote public and private sector participation in social and economic development projects in Latin America and the Caribbean. Our initiatives, implemented through local partner organizations, seek to improve access to economic opportunities as well as to foster innovation in vulnerable communities in the hemisphere. To this end, The Trust also promotes social inclusion and good governance. The Trust has offices in Washington, D.C., Colombia, and Canada.

More information: www.trustfortheamericas.org

Facebook: The Trust for the Americas Twitter: @Trust4Americas

Learn more about LACChain:

LACChain is a global alliance made up of different actors from the blockchain environment, led by the innovation laboratory of the Inter-American Development Bank Group (IDB Lab) for the development of the blockchain ecosystem in Latin America and the Caribbean.

Its objective is to accelerate the empowerment and adoption of blockchain technology in the region for the promotion of innovation, the reduction of economic, social, gender, and other inequalities, the promotion of quality and job security, the promotion of financial inclusion, consumer protection and market integrity. To do this, LACChain focuses on two main pillars: community and infrastructure.

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LACChain Alliance

LACChain is a global alliance led by the Innovation Lab of the Inter-American Development Bank (IDB Lab) to develop the blockchain ecosystem in LAC.