Experts agreed that Web 3.0 is the future of job creation and the primary tool for industries. Some European crypto companies have shown their interest in the Panamanian blockchain ecosystem.
Several experts from the crypto ecosystem recently agreed that Web 3.0 would boost the digital and local economy in Latin America. In addition, they said that it could help create jobs in the blockchain industry.
Samson Mow, the CEO of JAN3, stated that there would be some movements before governments and crypto collaborate. He believes that the fiat system will drop, but the adoption of Bitcoin will alleviate it. The former director of Blockstream raised that the world is getting darker, with record inflation and a global recession.
Many Cryptocurrency-Related Companies Want to Learn about the Panamanian Experience
A few days ago, European and Latin American companies showed interest in the Panamanian blockchain and crypto market. They wanted to understand the advantages and disadvantages that the digital economy has in the local market.
Ovidia Mena, from the Chamber of Digital Commerce and Blockchain, highlighted the interest of companies linked to blockchain and cryptocurrencies. For example, many firms in Germany, the United Kingdom, Mexico, Peru, and Costa Rica want to learn about the Panamanian cryptocurrency market.
The interest in blockchain technologies extends to NFTs, which include photographs, painting, collages, video, and tokenized digital art. Some artists have even shown augmented reality and artificial intelligence, expressing the creative revolution fusing the physical and the digital. The government of Panama considers that this constitutes a bridge to the metaverse.
Robison Dorion, the CEO of JWRD Computing, highlighted the relevance of learning about these new technologies. He thinks of them like any other profession as it is not easy to know everything about them. He highlighted that it takes years and patience to use them effectively with the necessary security measures to reduce risks.
The President of Panama Vetoes the Crypto Law, Thus Reducing Growth Opportunities
Panamanian congressman Gabriel Silva recently confirmed that President Laurentino Cortizo partially vetoed the Crypto Law project. That would rule out the use of blockchain technology in public administration and cryptocurrencies as payment in stores.
The official highlighted that the president had vetoed an opportunity to generate jobs, attract investment and incorporate technology and innovation in the public sector. He expressed that the Central American country deserves the advantages that cryptocurrencies and blockchain technologies provide to citizens.
The relevance of Bitcoin and blockchain technology has become increasingly evident in Latin America and the rest of the world. Many governments have struggled to incorporate them into their economic systems, while others have struggled to attack this new system.
Bitcoin is trading at around USD 20,524 and has accumulated a 3.5% loss over the last 24 hours. While its daily trading volume is above USD 21.98 billion, its market capitalization is about USD 391.47 billion, according to CoinGecko.
By Alexander Salazar
