El Salvador, the first country in the world to make Bitcoin its legal tender, will host the new edition of LABITCONF, the most important Latin American conference on Bitcoin and Blockchain in the region.
LABITCONF, the Latin American Bitcoin and Blockchain Conference, will be held from November 15 to 20 in El Salvador, the first country in the world to make Bitcoin its legal tender and the one that is driving bitcoinization in the world. The conference will bring together the great leaders of the Bitcoin and Blockchain industry. Bitcoin and cryptocurrencies, in Latin America and the world and the crypto community in general.
The organizers of this conference want to promote knowledge and education about Bitcoin and blockchain technology, as well as encourage the adoption of cryptocurrencies as instruments of change and transformation.
LABITCONF is a non-profit event organized by Bitcoin Iberoamérica, Bitcoin Magazine, Talent Network and Blockchain Summit Latam, to promote the potential, benefits and multiple use cases of Bitcoin, blockchain and cryptocurrencies; as well as to report on the latest developments in the crypto industry in various areas in the region and globally.
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LABITCONF, all about Bitcoin
The new edition of this event will cover a wide range of topics about Bitcoin and the crypto industry, and will even incorporate a Hackathon consisting of 3 challenges for participants.
The growth and adoption of Lightning Network, the second layer solution focused on Bitcoin scalability, will also be one of the central topics at LABITCONF. It is worth remembering that in recent months, the adoption of this scaling network has grown significantly, driven by the adoption of Bitcoin in El Salvador and its integration for micropayments on the social network Twitter. To date, the capacity of the Lightning Network exceeds 3.080 bitcoins, valued at approximately $176 million, with nearly 28.000 active nodes worldwide and more than 76.700 open payment channels.
Another of the central topics at LABITCONF will be the adoption of Bitcoin in El Salvador, which is celebrating its first successful month with the cryptocurrency with the construction of a veterinary hospital financed solely with the profits generated by BTC in the country. In addition to this, the crypto conference will include several presentations on the social impact of Bitcoin and blockchain in the region and in the world, the regulatory landscape and KYC in the industry, among other topics of common interest.
Consulting, exhibitions, NFTs and more
LABITCONF will also feature a legal support panel where participants can go to obtain first-hand advice from the best companies and firms in the industry, the event organizers said in their statement. web pageThis area will inform companies and other interested parties about how to start using Bitcoin in El Salvador and how to expand their business in the crypto industry. In addition, the conference will have a section of commercial stands where attendees will be able to meet first-hand all those who are making the adoption of Bitcoin possible in El Salvador, America and the world.
On the other hand, LABITCONF will offer an entrepreneurial space where creators and artisans can exhibit their products physically and offer them in bitcoins, as well as a space dedicated to non-fungible tokens or NFTsDuring the conference, artists and creators from all over the world will be able to showcase their digital artworks and other artistic pieces, music and many more objects in NFT format.
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