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La Molina Mayor’s Office, in Peru, launches MoliCoin project for cryptocurrency adoption in the municipality

Alex Coin
April 6, 2022
Reading Time: 3 mins read
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lima peru

The municipality of La Molina, in Lima, launches “MoliCoin”, the first cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. payment program in shops and restaurants in the district.

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***

While in Lima, capital capital is most commonly defined as the large sum of money you would use to invest. of Peru, the government decreed today curfew due to the strike of transporters and violent protests due to the rise in fuel prices, in a small district of this city, La Molina, news related to the crypto world are released.

The mayor’s office of La Molina has launched a project that seeks to promote payments with cryptocurrencies to prevent tax evasion in the municipality.

In an interview with Willax TV, el Alcalde Álvaro Paz de la Barra, dijo que era “ the first district in South America that is applying the use of cryptocurrencies as a platform a place to buy, sell and store cryptocurrency for commercial transactions”.

He also said:

“Physical currency currency is a medium of exchange that defines value. generates corruption; digital digital technologies are these electronic tools that have the ability to generate, store or even process data. currency does not. We are paying with Bitcoin, with a wallet, so we don’t evade taxes. That’s what we want.

En nota de prensa emanada de la municipalidad se informa que la Management of Economic Development and Private Investment “will promote economic recovery through training in the use and payments with cryptocurrencies for restaurants and businesses in the district”.

On this, the Mayor of La Molina, Álvaro Paz de La Barra, said: “T his is a great step to continue bringing cryptocurrencies closer to society, we strongly believe in this new way of paying for goods and services around the world. We will continue to push innovations as a local government, La Molina and Peru deserves to be a focus of innovation in Latin America”.

What is Molicoin exactly?

According to the information, MoliCoin is not a currency as such. It is a project based on training and use of crypto at the retail level.

The note says that “ is the first training initiative on the use of cryptocurrencies for more than 100 businesses and restaurants in La Molina. This accompaniment will provide answers on how a restaurant or business can take payments in bitcoins (BTC) and other cryptocurrencies, the choice and correct use of a wallet a place where cryptocurrency users can store, send and receive digital assets. and various advice on the characteristics of Blockchain a distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies. technology.

For the launch, the Economic Development Management recommended to citizens and businesses, the use of wallets that are integrated with the network. Lightning Network a network refers to all nodes in the operation of a blockchain at any given moment in time. (LN) This reduces usage costs and improves transaction speed.

“We are a local government with innovative proposals, we see cryptocurrencies as a powerful strategy and through wallets we can boost commercial transactions of local businesses in our district. Our team is prepared and committed to the projects we have been developing, our priority is to generate a positive impact on our businesses and citizens”, said Jorge Reátegui Reátegui, Manager of Economic Development and Private Investment.

There are already several businesses in the program, as reported. The first restaurants to join the initiative are El Charrúa, Señor Limón, Las Tinajas, El Paisita, El Cevichón, El Hornero, Chifa Delicasa, Chifa Moneda China, Las Canastas, Panaderia Karlita, e among others.

Since the end of last month, citizens can access various promotions in these restaurants, just scan the QR code the action of coding is to write programming statements for a program. and send the corresponding amount from an email. crypto wallet. “We are preparing for a future where the adoption of cryptocurrencies as a form of payment will be inevitable and we will further spread a price difference between asking and selling prices of the asset. the word about what decentralized decentralization refers to the property of a system in which nodes or actors work in concert in a distributed fashion to achieve a common goal. technology really does.” afirmó, Kristopher Panana, Líder de Innovación.

Sources: Willax.tv, Note from the municipality, Cointelegraph , BBC, archivo

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Alex Coin

Cryptoinvestor. I follow the world of cryptocurrencies. Looking for the most relevant and significant news for you :)

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