Block.one Joins IDB-Backed Alliance to Deploy Blockchain Solutions for Pressing Public Sector Needs in Latin America

Building infrastructure with local EOSIO integrators LatamLink

LACChain, a global alliance led by the innovation laboratory of the Inter-American Development Bank Group (IDB Lab) to accelerate the development of an open and interoperable blockchain ecosystem in Latin America and the Caribbean, has announced that Block.one, which specializes in high-performance blockchain software, has joined their alliance. As the developer of EOSIO, Block.one becomes a strategic partner in providing technical expertise, supported by existing infrastructure providers EOS Costa Rica and EOS Argentina, to empower local entrepreneurs and governments using EOSIO to improve economies, supply chains and infrastructure.

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Since its foundation, the LACChain Global Alliance has signed multiple partnerships and collaborations. Today, the ecosystem has 40 partners in 12 countries in the Latin American and Caribbean region, a figure that grows week by week. LACChain has currently two blockchain networks that apply the LACChain framework: the LACChain Consensys Quorum Network (a.k.a Besu) and the LACChain EOSIO Network, which add up to a total of 78 nodes that have generated more than 21 million blocks and that are being used in 24 projects in different phases of deployment, receiving an average of 12,000 transactions per day during January 2021.

“LACChain is a techno-legal framework enabling enterprise use of blockchain with transformative impact, not a mere new protocol,” said the leader of LACChain and IDB Lab Principal Specialist Alejandro Pardo. “We care about performance, usability, and building the technology infrastructure to support further development of applications with impact on inclusion by our communities.”

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“Our goal at Block.one is to change how the world works so that it is more transparent, trustworthy, and efficient, which is why we’re excited to join the LACChain alliance,” said Bart Wyatt, VP of Blockchain Engineering at Block.one. “In this technical advisory role, we look forward to helping LACChain drive adoption and awareness of the EOSIO platform through educational programs, deeper technical collaboration and community engagement initiatives.”

“We’ve been providing robust, reliable infrastructure for blockchains for the last 6 years from Latin America, and we’re excited to see how we can accelerate blockchain adoption when we combine our specialized regional expertise to Block.one’s innovation and the broad reach of the IDB,” said Edgar Fernandez, cofounder of EOS Costa Rica.

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