Let us BUIDL! The much needed ‘DeFi/FinTech Sandbox’ in the Republic of Panama

BUIDL! (A CONSRTUIR): With a Sandbox, it will be possible to test and justify hyper-advanced technologies that eliminate inefficiencies in the current system and provide greater transparency and traceability inherent to the Blockchain.

It is time that we promote the creation of the Decentralized Finance Sandbox — DeFi Sandbox — through the Superintendency of Banks of Panama.

The Superintendency of Banks of Panama must now also issue a clearer regulation on financial innovation (#cryptocurrencies) and the elimination of #inefficiencies with hyper-advanced technologies (#disruptive).

A DeFi Sandbox (or FinTech Sandbox), limits, protects and allows to test the already existing financial innovation, useful for the Panamanian Blockchain Knowledge Workers.

Small and Medium size Banks do want to be the main actors of the Financial System of the Future with greater Transparency and Traceability that only Blockchain allows.

With a DeFi Sandbox in Panama, we will empower again the largest number of Banks, (Re)+Insurers and Law Firms in our market with innovation attracting once again investments in a new Worldwide playing field.

#BlockchainForTheCommonGood

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