Amidst all that’s going on within the EOSIO ecosystem it may be easy for some news to get drowned out by all the noise of popular news. Last week we received word that there’s an initiative in Latin America that aims to accelerate the development of the blockchain ecosystem in the region. An initiative in which three of EOS’ Block Producers are leading the charge.
Back in 2018, the laboratory division of the largest source of development financing for Latin America and the Caribbean, Inter-American Development Bank (IDB), launched LAC-Chain, an alliance to promote the use of blockchain in Latin America and the Caribbean. The alliance was formed by the Alastria Consortium, ConsenSys, Everis, NTT Data, the Enterprise Ethereum Alliance, RSK, the Blockchain Research Institute, and of course the IDB, among others.
Blockchain technology has the extraordinary potential to provide vulnerable populations excluded from the formal system with access to financial and non-financial services, digital identity, and ownership of their own data. However, this does not mean that the technology’s enabling environment—its ecosystem—is ready and available to everyone, so together with our international partners we have decided to launch this Global Knowledge Alliance for the Development of the Blockchain Ecosystem in Latin America and the Caribbean (LAC-Chain).Irene Arias (CEO of IDB Lab)
LAC-Chain is a large initiative that hopes to serve a population of 626 million across 33 countries in Latin America and the Caribbean. Thus, a blockchain that’s scalable and secure is of utmost importance in order to provide the inclusive environment/ecosystem that Irene Arias speaks of, in a way that it is readily available for everyone. And that’s where LatamLink comes into play.
LatamLink is an alliance led by Latin American EOS Block Producers – EOS Argentina, EOS Costa Rica, and EOS Venezuela. The alliance stems from an interest of helping to further develop the LAC-Chain network and ecosystem. LatamLink’s purpose is to offer an EOSIO-based testnet to highlight the benefits that the EOSIO blockchain protocol has to offer.
As the worlds most utilized and scalable protocol, EOSIO presents superior qualities over everything that’s publicly on the market today. And that’s precisely the message LatamLink hopes to get across in the Latin American region (of which they’re citizens of) as they aim contribute in helping provide the answer to LAC-Chain’s need for an enabling blockchain network that’s all inclusive.
Through this initiative [LAC-Chain], we hope to realize the dream of having a large Pan-American blockchain space that is interoperable and open, and that makes blockchain accessible to all citizens and for those who work for a prosperous future with inclusion in Latin America and the CaribbeanIrene Arias (CEO of IDB Lab)
LatamLink’s EOSIO-based testnet provides the infrastructure for anyone, especially members of the LAC-Chain, to test how their applications would function on an EOSIO-based blockchain and hopefully provide them insight into EOSIO’s apparent value propositions on a technical level, at the very least. Some of the useful tools and resources LatamLink provides include:
- A network monitor and block explorer.
- Adaptability to EOS wallets.
- A dfuse endpoint for using high-performance queries in the testnet.
We look forward to the growth of LatamLink and hopefully see more EOS Block Producers that are based in Latin America join this initiative. Best of luck to EOS Argentina, EOS Costa Rica, and EOS Venezuela on their mission to further promote EOSIO, and we have faith they’ll succeed in their pursuits.
Keep up to date with the goings-on of the EOSIO ecosystem by following us on our socials where we try to provide value by posting and reposting some of the more relevant content to you – Twitter, Reddit, Telegram.
Disclaimer. EOSWriter does not endorse any content or product on this page. While we aim at providing you with all the important information we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.