Renewable energy trade, remittance services, digital content protection, civil works management, and more.
In recent times, various projects that apply Blockchain technology have begun to emerge on Chilean soil with the aim of building ingenious solutions in various industries.
Among them, some are driving more sustainable markets or fighting plagiarism of copyrighted works. Others provide solutions to migrant communities, with digital alternatives for sending and receiving money abroad.
Meet some of the Chilean startups that have adopted technology in sectors such as energy, energy trade, civil engineering and others.
Belinus.io is a company that is working on the creation of solutions for the management and commercialization of renewable energies through Blockchain technology. The objective of the initiative is to “democratize the way of selling and buying energy” and for this purpose it is launching its own token, called SolToken.
According to DiarioBitcoin, the Chilean startup developed SolToken, an ERC-20 digital asset that operates in the Ethereum Blockchain network and operates with smart contracts. Each token will have an equivalent value in Kw / h of renewable energy. In addition, they will serve to commercialize electricity in a transparent and decentralized manner.
The energy project developed by Belinus is supported by the Government of Chile and Corfo (Regional Entrepreneurship Support Program). It also has the support of the Catholic University of Chile, the Chilean Association of Solar Energy, Cowork Atacama and Chrysalis Incubator.
Bimtrazer is a Chilean startup that combines Blockchain, BIM modeling (Building Information Modeling) and Artificial Intelligence (AI) for civil works management.
The main objective of the initiative is to minimize additional construction costs and travel times in construction. It is for this reason that it uses varied technologies, including Virtual Reality, AI and Blockchain algorithms, to make real and traceable follow-ups to the works they direct.
The NEM Blockchain platform allows them to securely guarantee the integrity of work progress records. In addition, it guarantees transparency in construction projects, an important caulity “especially in public works”, according to Mr. Pablo Romero, CEO of Bimtrazer.
Recently, this project won the first prize for technological innovation at the International Construction Fair, ExpoEdifica Chile. This award was presented by the Chilean Chamber of Construction (CchC) and the Interdisciplinary Center for Productivity and Sustainable Construction (CIPYCS).
SharpShark.io is the startup of Sasha Ivanova, Valeriia Panina and Gilbert Gonzalez that uses Blockchain for the protection of digital content such as photographs, reports, thesis, etc. Initially it is an Argentine startup, but it is currently being developed in Chile.
This was explained by the CEO of Sharp Shark, Sasha Ivanova, who told in an interview with DiarioBitcoin that he moved to Chile to boost this initiative. The crypto-enthusiast project was presented at Startup Chile and was selected from more than 200 startups to receive financing for development and market launch.
Supported on the NEM Blockchain, it is designed so that journalists, photographers, designers, creative editors, academics and other content creators can protect and safely share the property rights of their works.
This project won, in September, the first place in the startup competition of the La Connection Conference event, in which its founders obtained a ticket to China that will allow them to seek new sources of financing.
Godzillion is a collective financing platform for startups that operates in a decentralized way through Blockchain technology. The project has its own token, called Godz, through which votes are taken to choose startups to finance.
This collective investment solution for companies started operations in 2017 and is promoted by Mifutu.ro.
For its part, Mifutu.ro is a Chilean startup dedicated to automating financial processes so that people could enter the market efficiently and without intermediaries.
This initiative is a product of the work of Cristóbal Pereira, a crypto enthusiast recognized in the region’s ecosystem for being one of the creators of the Blockchain Summit Latam event. In addition to standing out for his participation in educational Blockchain conferences in Latin America, and the development of hackathons and other events.
Quickex.cl is a remittance solution designed for the Latin American community that combines traditional money transfer services with Blockchain technology. The platform, which has positioned itself on Chilean soil with one of its offices in Santiago, benefits the different migrant communities of the South American country.
The service allows you to send and receive currencies internationally, including countries such as Chile, Peru, Ecuador, Argentina, Colombia, Panama and Brazil.
Quickex started its activity in Chile this year, and uses cryptocurrencies and Blockchain technology to provide security, speed and exchange rates according to the market. It operates as a kind of exchange that makes the exchange of virtual assets between the local currency of the emissary and the currency of the recipient.
For Chile, where the migrant population exceeds 10% of the total population of the country, crypto remittance services could be beneficial for the economic support of many families abroad. Especially, for the families of Venezuelans, Colombians or Peruvians, the most numerous foreign communities in the country.
Timberchain V 20
This technology company uses Blockchain technology to foster the legal timber market. To this end, Timberchain focuses on developing tools aimed at forestry companies interested in verifying the legal origin of wood. Through a digital verification system, it prevents the trade of illegally produced timber.
In 2018, it joined the StartUp Chile accelerator program, along with 72 technology projects of Latin origin. Its objective is to facilitate trade between plantation / forest owners and sawmills, in order to reduce transport costs. Also reducing CO2 emissions, document management and demonstrating the legal origin of wood through a digital system.
To certify the origin of the wood, the initiative created a “digital passport”, a system that realizes the wood from its place of production to its destination. This mechanism seeks to give confidence to both importers and exporters, involving both parties in providing information on timber production and trade.
Also published on Medium.