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Latin America Blockchain Strategies 2018 Update

Latin America Blockchain Strategies 2018 Update

This IDC study discusses the market dynamics for Blockchain in Latin America. The four forces model is used as the framework for the analysis of the market in the region. This model considers not only the suppliers of Blockchain products and services, and business and organizations using the technology, but it also considers the industry collaborations and consortia that are fueling the adoption of Blockchain, and the role of regulators, agencies and governments in providing the legal and regulatory basis for a technology that is conceived to streamline compliance and business transactions. The stage of adoption of Blockchain in the region is also considered, and several Cases Studies of early adopters in the Latin America and Caribbean region are also discussed. "Adoption of Blockchain in Latin America has a 12 months delay in comparison with Western Europe and the US, This year has been specially significant, with a locally developed Blockchain product entering in the production stage, and several organizations joining global Blockchains in container logistics and food traceability. IDC expects 2019 to be a watershed moment for Blockchain in the region", says Carlos Gonzalez, Blockchain Analyst for Latin America.

Please Note: Extended description available upon request.

Executive Snapshot
New Market Developments and Dynamics
The "Four Forces" driving Blockchain in Latin America
Case Study – Transparency in elections. Smartmatic
Case Study – Compliance with Environmental Laws. BVRio
Case Study – Streamlining settlements in trade transactions. Bolsa de Comercio de Santiago
Case Study – Combatting de-risking. Caribbean Central Banks
Case Study – Delivering seeds with certified quality. Belagricola
Additional Case Studies in Latin America – First half of 2018
Retail in Brazil – BRF and Carrefour
Insurance in Mexico – AMIS
Banking in Colombia – Banconfio
Technology Vendors and Service Providers
Regulators, Agencies and Governments
Advice for the Technology Supplier, Services Provider
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