A significant strategic evolution is underway in the blockchain landscape of Latin America, as LACChain and LACNet announce their unification under a new brand identity: LNET. This consolidation marks a pivotal moment, shifting the focus from regional blockchain adoption to a global projection, aiming to solidify Latin America's position as a world leader in open, secure, and inclusive digital infrastructure.
From Regional Pioneers to Global Innovators
Born in 2019 as a BID Lab initiative to champion blockchain in Latin America, LACChain quickly fostered over 100 use cases across 23 countries, impacting areas like digital identity and financial inclusion. Its governance body, LACNet, emerged in 2021 to steer its direction. Now, as LNET, this combined entity is set to expand its legacy. The move is designed to take the region's distinctive model of "responsible innovation" to new international markets and alliances, ensuring that the progress made in Latin America serves as a blueprint for global digital transformation.
Building Digital Public Goods for Lasting Impact
LNET's core mission is to transcend fleeting technological trends by focusing on the creation of durable "digital public goods." Rather than chasing the "next big thing," the organization prioritizes solutions for identity, verifiable credentials, and traceability, designed for trusted adoption by institutions worldwide. This transition is not a departure from past initiatives but a strengthening of existing projects, alliances, and infrastructure, maintaining a steadfast commitment to neutrality, security, and open standards. Structured as an international non-profit in Montevideo, Uruguay, LNET will translate the needs of governments, businesses, and multilateral organizations into robust, inclusive, and sustainable blockchain-based solutions with a global reach.
