“Encryption Trends in Mexico 2020/2021” Surveys A Total Of 353 Representatives From Companies In Mexico
“Encryption Trends in Mexico 2020/2021” Surveys A Total Of 353 Representatives From Companies In Mexico
October 21, 2020
“Encryption Trends in Mexico 2020/2021” Surveys A Total Of 353 Representatives From Companies In Mexico
“Encryption Trends in Mexico 2020/2021” Surveys A Total Of 353 Representatives From Companies In Mexico
October 21, 2020

A report called “Encryption Trends in Mexico 2020/2021” surveyed a total of 353 representatives from companies in Mexico.

It has been reported that the study, published by the privacy research center the Ponemon Institute, indicated that 40% of the Mexican companies surveyed were looking to adopt blockchain and cryptocurrencies in some form. Out of this segment, 71% were focused specifically on crypto usage.

However, the figures also showed that 51% of these companies were intent on implementing blockchain for asset management and transaction handling purposes, while 37% expressed an interest in the implementation of smart contracts.

The study said that many of these companies could ultimately use blockchain to improve their security systems and guarantee proper encryption processes.

Though Mexico is not often viewed as a major blockchain player on a global scale, the country has played an active and ongoing role in terms of adoption.

ALSO READ :  OKCoin Continues To Expand Its Fiat-To-Crypto Onramps By Adding Support Of SGD

In September, Mexico announced plans to enable a blockchain-based electronic voting system for certain citizens residing abroad.

Thus, the country aims to make this available in time for its 2021 election cycle.

Source: Cointelegraph


Disclaimer

Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets.

Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.

We in generally gather content from the major websites. In every article there is always a clear link and attribution to the source publication. If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. In any case, the content of the pages of this website is for your general information and use only. It is subject to change without notice.

You May Also like

Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with an experience of 1 year. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Her interest lies in blockchain technology and cryptocurrency space, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, featured articles, and guides.