IBM, Microsoft, and Big Miners to Talk Bitcoin in Buenos Aires

Over sixty Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term entrepreneurs as well as miners controlling almost 50% of Bitcoin’s total global hash power are going to Buenos Aires, Argentina to discuss the future of cryptocurrency in Latin America. This coming November laBITconf will also tackle the implementation of Blockchain in global banking, digital currency regulation and compliance, and the ever growing impact of Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term on society.

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“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,” said Diego Gutierrez Zaldivar, CEO and co-founder at RSK Labs and co-founder of ONG Bitcoin Argentina, organizers of the event.

“Since its adoption, Bitcoin has flourished in Latin America, with Argentina leading the way. Due to numerous years of economic strife, the country became a haven for innovators to explore and develop solutions to the financial troubles. Numerous businesses, mostly hotels, began to use Bitcoin as a form of payment and ever since then, the rate of Bitcoin transactions continues to increase and the attention towards its underlying blockchain technology continues to grow”. “We chose Buenos Aires because the new government is open to understanding and promoting this technology,” said Rodolfo Andragnes, the coordinator of the conference.

Keynote speaker Anthony Di Iorio, CEO of Decentral and Jaxx, said: “Latin America bitcoin conferences are my favorite events – LaBiTConf 2016 will be my third. In fact, my favorite conference of all time was also in Argentina, at the inaugural event held in 2013. There is a great feeling of community here; the speakers form a true bond, the likes of which I have not seen anywhere else. With the notorious history of hyperinflation of local fiat and the resulting distress that it has caused to Argentina’s economy, the community's passion for blockchain technology is very real.”

Other speakers will include Andreas Antonopoulos, Peter Todd, Erik Voorhees, Trace Mayer, Sergio Lerner, IBM, Microsoft, and representatives of five of the largest mining companies.

Daniel Diaz, VP of Business Development for Dash, a Platinum Sponsor of the event, concluded: “laBITconf is a great conference because it provides education, adoption and an opportunity for business relationships and friendships. The Latin American market is a fertile ground for digital currencies; the political and financial situation in some countries in the region make alternative financial services more appealing to this market. People have suffered directly from inflation, capital controls and political instability for years, so we are speaking to an audience that is extremely receptive to the advantages digital currencies can offer.”