The Colombian Stock Exchange
(BVC) together with Sophos Solutions, a multinational that offers consulting
services, is in search of startups from the FinTech area in Latin America,
which want to promote development projects based on blockchains, big data and
artificial intelligence, process automation, trading and cybersecurity.
The
call, available on the BVC website, invites emerging companies, through the
“FinTech Connection” program, to attend the first stage that has already
started from the 28th of the current month until November 17, in the which must
be registered to be evaluated by the BVC, Sophos, as well as by the corporate
risk and innovation company NXTP.
In the
second half of January 2020, workshops will be held in which startups will
receive training to align the proposals associated with blockchains with the
needs of the convening entities.
From
that date until February 16, emerging companies will have the advice of the
mentors and then be selected. In the week of February 24, BVC
specialists, Sophos and NXTP will host distributed accounting projects. Finally, in the week of March 16,
startups will present proposals based on these digital structures organized in
blocks before BVC customers.
The
profile of startups sought in the field of blockchains has to cover a series of
elements such as digital and crypto assets, smart contracts, document
certification, digital signature, compensation and settlement of operations,
administration of guarantees, transfers and payments.
The idea
is for startups in the region to explore various business opportunities, offer
solutions through this blockchain and then add value to the BVC and Sophos
business units in both products and processes.
According
to data from the Blockchain Alliance and the Blockchain Summit Latam, Colombia
leads the ranking of startups that develop blockchains based projects in the
region. It concentrates 18 organizations that emerged in the last two years,
where 25% is located in the consulting area, while 20% is in the financial
services sector, and 15% are dedicated to boosting the ecosystem and providing
education.
The use
of blockchain is increasingly attracting the interest of investors and
entrepreneurs. In fact, as CriptoNoticias reported, in September this year,
Dadneo, a management group focused on entrepreneurship in Chile and Latin
America, opened a selection process for startups that postulate their block
technology projects to access their fund of Inversiones Vulcano, through which
it grants financing to enterprises that start operations in Chile.
The
truth is that for the analysts of the subject, this technology provides
solutions in many activities for the safe handling of information, by
generating traceability and allowing effective monitoring of various processes.
SOURCE: Criptonoticias
