PeruCoin Short-Term and Long-Term Objectives

3 min readNov 22, 2018

The introduction of blockchain technology radically changes the way we interact and transact money as our traditional system of exchange and medium of payment. Even with the limited knowledge of cryptocurrency in Latin America (less than 20% according to statista), an array of blockchain- based crypto coins have started to disrupt many areas of global economy.

If executed correctly and properly, cryptocurrency, and blockchain technology and all that supports it, could revolutionize the financial infrastructure of countries in Latin America.

Latin America is a group of almost 20 countries with only an estimated 14% participation rate in the cryptocurrency markets. The adoption rate of Peru is even more dismal at an estimated 0.7%.

Due to this low cryptocurrency adoption rate of Peru, we at Bits2u, a legally registered company in Peru with a RUC and DUNS numbers launched in 2016, initiated the PeruCoin project which aims to expand knowledge about cryptocurrencies in Peru. We have also registered PeruCoin as a trademark in Peru. We are leaders in providing cloud-based mining power for consumers in advanced technology and consumer-oriented protocols — which form the cornerstone of PeruCoin.

To ensure the success of this endeavour, we have set the following objectives:

SHORT-TERM OBJECTIVES

Ø Acquire a factory with the necessary capacity to house 2000 cryptocurrency mining machines.

Ø Hire an electric power source, powerful enough to support the said machines.

Ø Hire a security service to protect the mining farm.

Ø Buy clear unbreakable glass cases so that the visitors can see the machines working and appreciate their technology poweress.

Ø Acquire an air conditioning system that will keep the machines at the optimum temperature.

LONG-TERM OBJECTIVES

Ø Allow guided visits for the general public.

Ø Create a crypto ecosystem in Peru, powered by conferences, events, lectures and branding.

Ø Onboard Merchants so as to empower crypto use in everyday life. Act as an advisor to Peruvians for diversifying their wealth in crypto assets.

Ø First center for research and development Blockchain.

Ø Creating and implementing the Blockchain PeruCoin.

Ø The import and purchase of ATMs, BTC automatic and other cryptos.

Ø Creation of a wallet or app for PeruCoin.

Ø Creation of the Donofrio University .

Latin America is certainly has a lot of potential for blockchain technology and remains a region to watch as the technology matures.

With a 200 billion dollar economy, even a 1% long term conversion to crypto in Peru translates to a 2 billion dollar transaction rate for the company.

PeruCoin, the ICO that will change Peru!

🌐 Website — https://perucoin.com.pe/

📑 Whitepaper :

English — https://perucoin.com.pe/whitepapernew.pdf

Onepager: https://perucoin.com.pe/onepagernew.pdf

English Social Media:

✈️ Telegram — https://t.me/perucoin_official

🕊 Twitter — https://twitter.com/coin_peru

📓 Facebook — https://www.facebook.com/PeruCoinEnglish/

🐣 Reddit — https://www.reddit.com/r/PeruCoin

🔗 LinkedIn — https://www.linkedin.com/company/perucoinofficial/

📝 Medium — https://medium.com/@coin_peru