In a recent release, Economic Development Bank for Puerto Rico President Luis Burdiel said Blockchain technology and its role in business will be discussed in a free seminar scheduled for Oct. 16 at the Puerto Rico Convention Center.

“It is important that the business community is properly informed about disruptive technologies such as blockchain,” Burdiel said. “This highly versatile technology was originally developed to register financial transactions with the Bitcoin digital currency. However, its design is conducive for use in all types of applications.”

Burdiel said the bank continues working to support the efforts of small and midsize entrepreneurs and to accelerate the economic recovery process of Puerto Rico.

“The event that will take place next week represents the ideal opportunity for hundreds of entrepreneurs who seek business opportunities in the area of blockchain technology or who want to incorporate it successfully into their operations,” Burdiel said.

Topics to be discussed during the seminar include blockchain-related regulations, new technologies, and business models, governance and digital identity, smart contracts, and blockchain applications in emergency situations.

“We have been pioneers in creating a Blockchain Advisory Board to assist in the development and implementation of a regulatory framework for this sector. The objective is to maximize the use of this technology in a way that contributes to the recovery of Puerto Rico,” Secretary Manuel Laboy Rivera said.

The theme of the event is “Blockchain and Disruptive Technologies: Competitive Advantage for Entrepreneurship and Digital Transformation,” and is the outcome of a partnership between the Economic Development and Commerce Department, the Economic Development Bank, Dictum Puerto Rico, the Foundation for Financial Innovation and the Digital Economy, and Dictum Futurae, a technology consulting firm.

“Technology is a key factor for entrepreneurship and a determining tool in emergency situations, which is why the Dictum Group, together with its lawyers, economists, and engineers, who are experts in the digital economy, will bring the latest advances in business development to the Puerto Rican public,” said the CEO and partner of Dictum Abogados and Dictum Futurae and president of Fifed, Vicente José García Gil.

The Foundation for Financial Innovation and the Digital Economy (FIFED) is a nonprofit that promotes financial culture via studies, workshops, and conferences, and fosters cooperation between public and private institutions for the development of policies that accelerate innovation.

Dictum Futurae is an offshoot of Dictum Abogados that helps companies with their digital evolution. It is an active member of Spain-based consortium Alastria, which advocates for the establishment of a semi-public blockchain infrastructure and digital identity system.

Click here to register for the event

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