The first blockchain association in Mexico has formed, its founding members including industry players like blockchain software firm ConsenSys, Forbes Mexico reported Nov. 28.
The Blockchain Association of Mexico was established companies Bitso, Volabit, BIVA, GBM, Lvna Capital, ConsenSys and Exponent Capital. The organization’s objective is to educate citizens in the technology’s deployment and its potential applications.
The association reportedly intends to develop standards and practices before the technology becomes mainstream. Felipe Vallejo, provisional president of the Blockchain Association said that “[blockchain] technology has the objective of creating more transparent, safe and efficient procedures.”