Latin America Blockchain Strategies, 2019

Latin America Blockchain Strategies, 2019

This IDC Blockchain Market Perspective for Latin America study describes how IDC evaluates the worldwide blockchain market opportunity in comparison with that of the Latin America region, including new market developments and dynamics involving the region and as well as our definitions, taxonomies and methodologies. We identify the main IT players and organizations influencing industries and promoting very interesting use cases across countries on an industry by industry approach providing market expenditures and forecasts.We provide Latin America use case analyzing trends and future potential implementations, setting and documenting IDC opinion within the context of the broader ecosystem, in which we provide assumptions to blockchain forecasts based on market forces: economy, vertical industries, and new 3rd Platform technologies, such as cloud, internet of things (IoT), artificial intelligence (AI), Mobile, robotics, big data and analytics, and so forth. This way, the market would know which direction the technology is moving and how it is supposed to succeed. Finally, we provide advice to technology suppliers and service providers entering the market so that they know where to invest and learn what to expect in terms of economies and time frames. "Blockchain technology is opening the road to different paradigms when creating new business solutions and forcing executives within suppliers and end users to rethink how business in the new era is supposed to be created, implemented and delivered," says Victor Almandoz, consulting manager, IDC's Consulting Latin America. However, hard work and planning, proper budget, and expectations much be in place. Standalone projects will have a hard time to succeed, whereas a collaboration between different technologies and industries will set the path for new avenues where visibility and profitability are the main theme. Following this advice organizations will avoid total disillusionment. Worldwide organizations, governments, regulators, and technologists will see the market shifting away from traditional developments to creative and out-of-the-box projects across all sectors. At the end of the day, end users will look to blockchain technology vendors and service providers for guidance.

Please Note: Extended description available upon request.

Executive Snapshot
New Market Developments and Dynamics
Overview, Coverage, and Methodological Definitions
Blockchain Evolution WORLDWIDE
Events Are Also Proliferating in Different Parts of the World (Including Latin America in 2019)
Blockchain expenditures in Latin America 2019–2023
Latin American DX Opportunity
BlockChain use cases in Latin America
Banking and Finance
Payment Settlement
Banking Loans
Secure Payments
AML and Risks (KYC)
Santiago Stock Exchange
Distributed Ledger Applications
Federal/Central Government
Tax Collection
Potential Government Blockchain Solutions
Identity Control Management
Identity Control Systems
Supply Chain and Logistics
The Cadena Project
AOS International (Colombia)
Electronic Invoicing
Agriculture and Climate
Food Safety
Accurate Forecasts of Climatic Conditions for Farmers
Optimizing Sugarcane Chain Planning and Production
# SinDesperdicioHorticola
Water Quality Control
Belagricola Track Grains in the Stages of the Agrobusiness Chain
Hydroponic Greenhouses
Global Agriculture Commodity
Food Safety
Mexico and the blockchain technology
ArgentinA and the blockchain technology
Bitcoin status in Latin America
The Technology View
Security Issues
Prominent Vendors 2019
Assumptions in Blockchain Forecast
Market Force 1: Economy
IDC Assumptions
Changes to This Assumption That Could Affect the Current Forecast
Market Force 2: Vertical Industries
IDC Assumptions
Changes to This Assumption That Could Affect the Current Forecast
Market Force 3: 3rd Platform
IDC Assumptions
Changes to This Assumption That Could Affect the Current Forecast
Advice for the Technology Supplier and Services Provider
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