Block.one is partnering with the LACChain Global Alliance, an enterprise blockchain consortium building a public permissioned network targeting Latin America and the Caribbean.
Backed by the Inter-American Development Bank (IDB), LACChain seeks to maximize the social impact potential blockchain can offer. Meanwhile, Block.one is known as the initiator of the EOS public blockchain and the EOS technology will now be added to LACChain network. To date, the blockchain network used Ethereum-based Hyperledger Besu. So far, there are 40 partners in the alliance and major corporates such as NTT Data’s Everis, IDB and Grupo Sabra operated the nodes on the network.
Targeting the whole of Latin America and the Caribbean, LACChain aims to create a cost-effective, easy-to-use and accessible network with multiple technologies. The infrastructure incorporates both self-sovereign identity and tokenized money.
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