The event highlights Argentina’s key role as a leader in blockchain innovation and the growth of decentralized finance in Latin America.
The Cardano Constitutional Convention, organized by Intersect in collaboration with Input Output, marks a historic milestone in the development of the ecosystem of this blockchain, known for its scalability, sustainability and interoperability.
For three days, elected delegates from around the world met at two venues—Buenos Aires and Nairobi—to shape Cardano’s constitution. This process is the result of more than two years of collaborative work, which included 65 workshops in more than 50 countries and the contributions of more than 2,000 community members.
The convention aims to approve the principles governance fundamentals for blockchainthrough a decentralized process that will be ratified by ADA holders through on-chain voting. With over 120 elected delegates, this event underscores Cardano’s commitment to inclusion and decentralized innovation, driving greater participation from regions with the greatest potential to benefit from blockchain technology.
Argentina’s role
Argentina played a key role in this event, standing out cas an innovation center in the field of decentralized finance. The country has seen notable growth in cryptocurrency usage, recently surpassing Brazil in terms of deposits in cryptoassets. This boom has been driven by regulatory advances and the tokenization of assets, reinforcing Argentina’s role as a leader in the global blockchain ecosystem.
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“What began as a bold experiment has evolved into a global movement that is transforming industries and empowering communities around the world,” he said. Charles Hoskinsonfounder of Cardano and CEO of Input Output. “The Cardano Constitutional Convention reflects our vision of creating an inclusive system that redefines governance, finance and society.”
The convention also introduces a new standard for decentralized governance, with the implementation of decentralized representatives (DReps), a decentralized treasury, and on-chain voting mechanisms, laying the foundation for a more equitable and innovative blockchain future.
“With strong representation from Latin America, supported by the Intersect membership organization, this convention highlights the power of a truly global and inclusive community that is shaping a more equitable and innovative blockchain future for all,” Hoskinson concluded.
Source: Ambito
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