Press Release

Avasant, the leading management consulting firm, joins the LACChain Global Alliance

Los Angeles, July 21, 2021
An Alliance between Avasant and LACChain was signed to establish cooperation frameworks that allow the development of the blockchain ecosystem in Latin America and the Caribbean. Avasant, the firm that currently accumulates more than 1000 commitments in more than 40 countries, has joined the Global Alliance for the development of the blockchain ecosystem in Latin America and the Caribbean, where it will contribute its expertise in consulting. Some of the objectives of the alliance include:
  • Sharing relevant and complementary information regarding blockchain-based services that the IDB Lab through LACChain and Avasant are developing an offering.
  • Promotion of joint projects.
  • Developing new material, tools, and concepts, such as blockchain infrastructure, blockchain-based digital identity, or tokenized fiat money.
  • Convening stakeholders in joint workshops and meetings to strengthen the position of the projects.
  • Developing and publishing communication materials.
In response to this announcement, Anupam Govil, Partner Avasant and President Latin America and The Caribbean Region say: “We are very pleased to join the LACChain Alliance as the only consulting partner. Blockchain has become the key pillar for digitalization across global value chains and we are investing along with LACChain to create vibrant ecosystem for innovation across Latin America and the Caribbean.” With the incorporation of Avasant, the LACChain Alliance is made up of +50 partners of the blockchain environment supporting public-private partnerships and blockchain-based solutions in 15 countries in the region, which currently supports the development of 34 projects with an impact on inclusion, with 107 nodes and 54 entities running nodes in a history of more than 26 million blocks. Learn more about Avasant: Avasant is a leading management consulting firm focused on translating the power of technology into realizable business strategies for the world’s largest corporations. Specializing in digital and IT transformation, sourcing advisory, global strategy, and governance services, Avasant prides itself on delivering high-value engagements through industry-focused innovation and flexible client-based solutions. Our seasoned professionals have an average of 20 years of industry-honed expertise, having conducted 1,000-plus engagements in more than 50 countries. Avasant’s next generation consulting and advisory methods have made it the top-ranked firm in its class, with recognition from numerous organizations, including Vault, NOA, IAOP, and the Wall Street Journal. Avasant’s engagement in the global market has inspired a strong commitment to community and purpose. Avasant Foundation supports technology and skill development programs to create employment opportunities for youth across Africa, Asia, the Caribbean, and Latin America. For more information, visit https://avasant.com Learn more about LACChain: LACChain is a global alliance made up of different actors from the blockchain environment, led by IDB Lab, the innovation laboratory of the Inter-American Development Bank Group (IDB Lab) for the development of the blockchain ecosystem in Latin America and the Caribbean. Its objective is to accelerate the empowerment and adoption of blockchain technology in the region for the promotion of innovation, the reduction of economic, social, gender, and other inequalities, the promotion of quality and job security, the promotion of financial inclusion, consumer protection and market integrity. To achieve this, LACChain focuses on two main pillars: community and infrastructure. Visit: www.lacchain.net