Argentine startups with blockchain projects can participate in an acceleration program

Argentinian companies that use DLT (Distributed Accounting Technology) or Blockchain can apply to the call made by the municipality of Mendoza to speed them up and form the Telefónica Open Future network.

The call is for Startups that are already Developing DLT as part of your work or business model that your proposal is innovative and delivers tangible results Of your applications. The authorities stressed that the application process will be open until April 30th. After this date, the evaluation begins with the selection of the proposals with the greatest potential.

Projects with other technologies such as artificial intelligence, virtual reality, machine learningCyber ​​security Big data, IoT, cloud computing, biotechnology, video games and Edge computingAmong other things, you can also participate in the application.

“Searched Startups that they can demonstrate a significant development of their business within six months through concrete results. Projects with a certain degree of progress in disruptive industries are selected that want to revolutionize the most traditional technologies (…). The municipality offers projects the opportunity to access the incubation / acceleration program and the coworking space of the Entrepreneurs Club through an explanation.

To register, entrepreneurs must fill out the form provided by the organizers on the website. The prerequisites for participation include: Companies are in an early stage of development with no more than five years of foundation, they are over 18 years old and the participants do not submit several projects in a formal manner. individually or together.

The multinational telecommunications company Telefónica’s Open Future network is an acceleration program that promotes innovation and entrepreneurship. The network is represented in various Latin American countries such as Argentina, Brazil, Costa Rica, Ecuador, Guatemala, Peru and Venezuela. One of his goals is Bring companies closer to the business ecosystem to make them visible Startups and internationalization of solutions based on new technologies.

That of the Mendoza community is the third call of this kind, but Open Future itself has in the past asked entrepreneurs to submit their work proposals. Last September, CryptoNews reported that Open Future was looking for Startups with projects in development to offer free consulting firms.

The CryptoNews cryptopedia defines DLT as a technology that enables the reliable and secure execution of any type of transaction between two or more people without intermediaries over the Internet. The world was introduced via the cryptocurrency Bitcoin, the first blockchain platform.

Distributed accounting technology is used in various areas, from product traceability to document certification, digital identity and the most popular use of cryptocurrencies.