THE PETRO AND THE DIGITAL ECONOMY IN LATIN AMERICA

A cordial greeting to all the steemians, next post is framed, by way of opinion,of importance the Petro as cryptocurrency, and as has been the digital economy in Latin America.

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The applied methodology.
The methodology applied was based on the use of texts, articles, both web and printed, and Unesur's experience as an economist and university professor.

The theme
The importance of Petro as a cryptocurrency, which is already circulating, it should be noted that it is not a whim of the government for its creation, other cryptocurrencies already exist in circulation, in order to support the economy, establish new forms of investment, which is what it happens, that an effect persists with the lack of information about this type of digital currency, the use and its application, it is already like a problem of culture, that is why it determines the level of trust and more in Latin America.

Another important aspect about the Petro that will help, as an investment mechanism, due to its characteristic and financial support, because each investor always measures the payment capacity of each country according to its inflation levels, which we call in country risk economy. As these currencies can not be manipulated, it has its guaranteed value and is a way to generate foreign exchange, trying to filter the intermediaries, to be the most effective trade to acquire goods and services. Considering its control I explain to you when you do not have control over any currency, either digital or physical, a lot of capital flight occurs due to your circulation liquidity, I explain to you is the quick way that money is spent and also in the way that it recovers well either by reinvestment or via sales, in 'virtual assets'.

There are already banking entities that established a cashier to advance cash using the cryptocurrency platform, which the Santander group already tested this platform and see its applicability in Latin America.

That is why Bitcoin is very elastic and has very fluid liquidity, that is why several countries have created a state policy, to control the use of this, you have peak behavior up and down, when it circulates very fast, that is why several banks are thought
central to use it and maintain economic balance.

Now, how is this environment in Latin America in my opinion, you must take into account that globalization, which is phenomena, that hits all countries and economies, because it brings, all those technological, cultural, social changes of economy over
others, that's why I mention who manipulates the technology optimally, will have greater profitability in their financial decisions.

With the use of new digital financial platforms open new focus on economies and new managerial phenomena in global markets, what is interesting is also analyzed the behavior of zero marginal cost of goods and services, intangible electronic circulating assets.

What is it that we want to evaluate, as is the behavior of Latin America, and its impact within this digital ecosystem defines a new industrial context and economic and social impact resulting from the massive adoption of digital information and communication technologies.

Such is the case as, Chile, Mexico, Colombia, Peru and Argentina, to be an emerging economy with a way of progress, have been interested in the application of these business platforms, even Argentina and Peru have their cryptocurrency, which is what happens Not everything in Latin America has abscess Internet and technology.
What is wanted is the progress of the Latin American continent in electronic government, digital public services, digital advertising, electronic commerce and manufacturing.

The limitations would be not all Latin American countries have the appropriate technology and telecommunications for these platforms.

Determinant of the context.
As mentioned above some of those determinants:

• A new approach is needed in terms of frameworks and analytical instruments that allow generating a better understanding of them.

• The search for a new way o The new modes of production and circulation of goods, the different behavior of the users of information and communication technologies.

• Finally, what is to be measured in this context is to measure the economic and social impact of the digital ecosystem that must be resorted to in the concept of digitalisation.

Phenomenon or transformation of commerce.
At this point it is interesting to approach the economy from another perspective of study, which would be the digital economy who comes to study the following aspects: e-business platform, the e-commece and the molecularization of virtual businesses.

In reference of e-business: it refers to all those transactions of supply and demand of goods and online service, applying all the digital financial instruments that are in business, e-commerce: it refers in the form that deals with the processes, for the which reaches the consumers, suppliers and business partners to give more solids to the platform, in the same way is aimed at sales and marketing of purchases.

The relationship between them, serve for the development of new products and online businesses and general new financial financing source with the use of platform and a network with ned technology, ERP OCRM.

I conclude with the following: 'The vision of Latin America, seeks to search, with its region, socioeconomic and development differences, to look for new alternatives of adoption of the platforms and of digital financial instruments, in order to evolve the digital stock market ecosystem'.

Source taken for this post:
Text:
The Ecosystem and Digital Economy in Latin America, Author. Raul Katz.

Source

Digital economy, Author. Don Tapscott, The digital economy, for more consultation on the subject

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Author:@chetoblackmetal.