The first blockchain infrastructure provider arrives at LATAM

In the context of the consolidation of blockchain technology in the world, SenseiNode becomes Latin America’s first blockchain infrastructure service provider, promoting the democratization and decentralization of the ecosystem in the regionwith an innovative simple, scalable and secure node management platform that will benefit thousands of entrepreneurs, financial institutions and enterprises.

The company announces its conclusion first round of investment with a total of USD 3,650,000. The round closed in November last year, led by Borderless Capital, accompanied by Newtopia VC and Spice VC. Individual investors also joined, such as Miguel Santos (Technisys), Martín Migoya (Globant), Matias Woloski (Auth0), Esteban Ordano (Decentraland), Javier Villamizar (Softbank), Ariel Barmat (TheGraph), Facundo Garretón (Terraflos Inc.), Marcos Galperín (MercadoLibre), Francisco lvarez-Demalde (Riverwood Capital), Mat Travizano (Sur VC) and Ryan Floyd (Storm Ventures) among others. The capital is allocated mainly for the development of node management platform and top talent recruitment.

Our main goal is to open up opportunities in Latin America so that the community of entrepreneurs and institutions looking to offer crypto services can have the infrastructure to develop their projects. SenseiNode thus becomes a business highway for a more decentralized and inclusive blockchain world“, defined by Pablo Larguia, co-founder and CEO of SenseiNode.

Through its platform, SenseiNode simplifies the process of incorporating companies into the blockchain to scale their business. Provide a Simple node deployment, configuration and monitoring process with enterprise-grade securitywhich significantly reduces activation time without sacrificing performance.

David Garcia, Managing Partner of Borderless Capital, aseguró: “SenseiNode will accelerate the growth of the blockchain economy in Latin America, facilitating access to nodes and infrastructure. I am confident that the founding team of SenseiNode has the experience and track record to lead the blockchain infrastructure in the region.”

That node is the connection point to the network and keep a copy of the blockchain data, with which validate transactions and verify information. This is a knot that allows interaction between colleagues in the network: one of the main characteristics of blockchain, which allows conduct transactions in a decentralized manner and without intermediaries. Organizations looking to do business on the blockchain can rely on SenseiNode to easily and securely get their own nodes.

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company is first node provider stake for all Latin America which offers a “as a service” node for entrepreneurs and institutions in the region. SenseiNode already has more than 50 active validator nodes in world’s premier blockchainsuch as Ethereum, Algorand, Polkadot, Solana, Avalanche, Polygon, Cosmos, Helium, Fantom, Celo and Kusama, to bring their infrastructure closer so that companies can use it to provide crypto services to their customers.

Fintech, exchanges, banks and other financial institutions, entrepreneurs, wallets and crypto investors, are some of SenseiNode’s main clients in Latin America. Worldwide, exchanges, DApps, DeFi services, NFTs, and blockchain service providers are added.

Latin America has a huge opportunity ahead of it in the blockchain revolution on a global scale. Currently there are multiple nodes in the region and that results in congestion in transactions. The more nodes, the more decentralized, secure and fast the network is. In this regard, SenseiNode is installing a fiber optic blockchain in the region, offering accessible and reliable private nodes in one click, for everyone.“, explains Rodrigo Benzaquen, co-founder and CTO of SenseiNode.

The development potential in this region is very large.: According to Ethereum statistics from March 31, 2022, less than 1% of the world’s nodes are located in Latin American countries. Currently the ranking is led by the United States (2459), Germany (825), Singapore (292), the UK (247) and Finland (202), while the Latin American countries with the highest growth are Brazil (29), Argentina (7 ), Mexico (4) and Chile (1). In this context, SenseiNode plans to have hundreds of new active nodes by the end of 2022.

According to the latest Global Cryptocurrency Adoption Index from Chainalysis, 4 of the 20 countries that have the highest crypto adoption in the world are from Latin America: Venezuela, Argentina, Colombia, and Brazil (at positions 7, 10, 11 and 14, respectively). In addition, according to the report, Latin America represents approx 9% of all global transaction activity.

Society, which is increasingly digitalized and cloud-focused, is detecting on the blockchain a better way to streamline operations and decentralize it. As such, the blockchain world is becoming more and more prominent on a business and individual scale, and as a result, it becomes an opportunity for new players providing services related to this revolution. With SenseiNode, a new chapter in Latin American development opens“, concluded Martin Fernandez co-founder and VP Business Development.

Roderick Gilbert

"Entrepreneur. Internet fanatic. Certified zombie scholar. Friendly troublemaker. Bacon expert."

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