At the first Technological Evening organized by Espaitec, a group of business groups to present technological innovations and innovative projects, Santos Gutiérrez, Product Manager of Bit2Me, explained basic concepts and legal and fiscal aspects to help them implement cryptocurrencies in a business
Espaitec has celebrated this day on first Technological Evening, a new format is to present innovative projects through «technological tools» accompanied byInnoBar, the beer networking activity of Parc. Segons Juan A. Bertolin, director of Espaitec, the objective of the Tardeo Tecnològic is “to share with the business community of Castelló who are technological and innovative novelties "They are currently being developed to generate a space for discussion among attendees and facilitate the creation of synergies."
During the first Technological Evening he participated as a speaker Santos Gutiérrez, Product Manager of Bit2Me, the first cryptocurrency platform recognized by Banc d'Espanya After obtaining registration as a service provider for the exchange of virtual currency for fiduciary currency and the custody of electronic wallets. In this sense, the end of the session has continued to explain how integrate cryptocurrencies into a company, the advantages that can be taken into account and legal and fiscal aspects come into play when incorporating them into an organization.
Basics
To understand the basis of how virtual currencies work, Santos Gutiérrez has explained what the blockchainThat is, a public record book that collects the history of all verified transactions in order to avoid double counting and falsification in cryptographically recording each transaction. On the other hand, he has also defined what the wallet, a piece of programming or machinery that allows you to use cryptocurrencies and tokens, as well as other concepts such as cryptography, pads, xarxes, mining and hash, among others.
Advantages and disadvantages
During the session the speaker also donated to conéixer quins son els advantages of a company when implementing cryptocurrencies in its financial system, for example, the security, since it is about encrypted operations and, because of the level of cryptocurrency trading, companies can find the origin of a fund. Other benefits to tindre in compte are the fast transactions due to the low verification times, which in some cases achieve 0,004 seconds, and commission shortages that involve the purchase and sale operations.
Furthermore, Santos Gutiérrez has addressed legal and fiscal aspects related to the volatilitat of some cryptocurrencies, as their market value will depend on the context; per això, he has explained what they are stablecoinsIn cryptocurrencies, their volatility is minimal since their value is stable. The speaker has also acknowledged the incipient regulation of the market, because of the recent appearance, and the responsibility that the use of cryptocurrencies entails, especially when the user has self-custody, for which a level of advanced knowledge is required.
To finish the day, the Product Manager of Bit2Me has explained step by step to the assistants how to make the first purchase of cryptocurrencies through the mobile application of the same company.
InnoBar
In finalizing the “technological phase” of integrating cryptocurrencies into a company, the first InnoBar of 2022 for the people who have attended the session in person, the networking activity beer d'Espaitec that is organized for share knowledge, experiences and create synergies.
This initiative includes both the support of the Department of Innovation, Universities, Science and Digital Society of the Generalitat Valenciana Its objective is to promote innovative ideas and present technological innovations among companies linked to Espaitec, the university community of the Universitat Jaume I and the business community of the province of Castelló.
