Mapping out the blockchain ecosystem in Latin America

One of the more interesting aspects of the blockchain/cryptocurrency ecosystem is that rather than being limited to scattered geographic pockets of interest, it's truly a global phenomenon. So The Block is outlining particular regions to highlight some of the companies and projects taking place across the globe.

The first region we will highlight, it could be argued, is in especially dire need of innovation: Latin America, where 4 million people are considered unbanked and 400 million people, or 70% of the population, don’t have a bank account. Residents of countries like Venezuela, Brazil, and Argentina have all suffered from immense inflation, under which they experienced first hand the importance of alternatives to protect their savings.