The premiereLatin American Bitcoin Conference, laBITconf, is returning to Buenos Aires this year. On November 4-5, over sixty industry leaders and almost fifty percent of Bitcoin’s mining power will be attending the event. Also read: Russia ‘Asset Exchange’ Sees Real Estate On Sale For Bitcoi n
laBITconf Bringing Innovation and Networking to Latin America
Financial tech entrepreneurs andcryptocurrency enthusiasts will gather from all across the globe to the fourth annual laBITconf. The conference will take place at the beautiful, century-old Piazzola Tango Theater in Buenos Aires, Argentina. The conference boasts over sixty blockchain, and cryptocurrency experts who will be there to educate attendees on today’s innovative emerging technologies.
This year’s conference will discuss some of the most topical issues within the industry. laBITconf topics will include blockchain in global banking,regulatory policy, and the impact of cryptocurrency solutions within society.
Speakers attending laBITconf consist of a wide variety of industry experts, such as Andreas Antonopoulos, Diego Gutierrez Zaldivar, Peter Todd, Anthony Di Iorio, and Erik Voorhees.
Representatives fromIBM andMicrosoft will also speak. Additionally, executives from five of the largest mining companies will also attend the Buenos Aires event.
Diego Gutierrez Zaldivar, CEO, and Co-Founder atRSK Labs and co-founder of ONG Bitcoin Argentina said during the announcement: The conference aims to explore the endless opportunities that lie within digital currency and its integral component, blockchain. Year on year we see hundreds of visitors congregate at our show from every corner of the globe to gain an insight into the exciting and innovative developments being made and the opportunities in Latin America.
A Ripe Region for Technological Growth
Latin America is ripe for these technological innovations, as they are increasing in popularity daily.
According to a recent Bitcoin Market Potential Industry (BMPI) report, Argentina tops the list of countries with the highest potential for Bitcoin adoption. In both Argentina and Brazil, for example, e-commerce is continuing to grow exponentially.
Furthermore, many fiat currencies within Latin America and their local economies are having turbulent times. According to the LatAm Post , last year bitcoin value outperformed every national currency in the region. This included the Venezuelan Bolivar by 400%, the Argentine Peso by 41%, and 92% above the Brazilian Real. The volatility of Latin American fiat has spurred Bitpay’s volume to rise 510% in Bitcoin merchant transactions.