Educate, facilitate and implement blockchain in South America.
About
Applicant name: Menajem Benchimol
Innovation Name: LATAM Blockchain Group
Innovation Type: Project
Website: http://latamblockchain.net/
Mission: Educate, facilitate and implement blockchain in South America.
Innovation Description: There is a lack of educational blockchain content in Spanish and across the South American continent. Purchasing cryptocurrencies are very difficult for Latin citizens.
We are focusing on the people that need the blockchain the most due to hyperinflation and economic disasters in their respective countries. We believe education is the first step before implementation and offering blockchain powered solutions. We have partnered with UC Berkeley to offer top-notch blockchain courses in Spanish and distribute the material for free.
We are in the works with a multinational bank in Panama to facilitate crypto purchase in the region and beyond.
Our last stage is to implement smart contracts and tokenize assets for Latin companies and enterprises so they can leapfrog in this technological revolution.
Status of Innovation: Pilot
Innovation Active Since: 02/23/2018
Applicant Type: Private Company
Headquarter City: NYC
Headquarter Country: USA
Year Founded: 2017
Main Category
Main Category Choice: End-user Experience
Why do you think you should win this category?:
We are first educating people about the potentials of cryptocurrencies and the blockchain in Spanish, and then facilitating crypto purchase with ATMs. Latin American citizens manage their transactions with cash, and many have family abroad that helps sends money back home. Many do not have banks thus they have to use MoneyGram which takes a big fee and a long time.
Crypto ATMs will transact in a matter of seconds. This will also open the opportunity to Latin American ICOs to facilitate their token purchase with our ATMs. (Most ATMs only offer Bitcoin.) We need to help the Latin American continent leapfrog in this technological advancement. We are in talks with a Multi-national South American bank to pilot our project.
Secondary Category
Secondary Category Choice: Remittances For Development
Why do you think you should win this category?
Our goal is to make a name for ourselves in the blockchain community by tackling one of its biggest problems: education.
We need blockchain educated people to join the revolution, then we can offer blockchain powered solutions. After our first and second stage, we will build a team of blockchain developers and offer smart contracts to banks, universities, supply chain management, real estate etc.
Team Members
Full Name: Menajem Benchimol
Role: Co-Founder
Linkedin: https://www.linkedin.com/in/menajem-benchimol-95b4358a/
Full Name: Jaime Gutt
Role: Co-founder
Link: https://www.linkedin.com/in/jaime-gutt-7b513a127/
Supporting Links
Blockchain course in Spanish: https://www.youtube.com/watch?time_continue=247&v=56lTUf3ZGjc
Our website: http://latamblockchain.net/
Entry Representative
Full Name: Menajem Benchimol
Role: Co-Founder
Email: mbenchimol18@gmail.com
Phone: 7863761114