Latin America has found a solution for most of its economic problems through blockchain tech.
@Finnovant is currently developing tools that can help Latin American citizens embrace cybersecurity and overcome the so-common inflation - of course, @AVAX plays a role in all of this:
💠 Phenix X1: A low-cost blockchain-powered cellphone.
The Phenix X1 will be able to run a node with its computing power.
With increased cybersecurity, this phone's purpose is to serve as a cold storage to store your crypto safely and inviting users to run a node.
As @Finnovant considers @avax to be the most cost-efficient blockchain.
Because of that, the team is planning to integrate apps such as @coreapp as native in the device. More integrations are in the works.
The average income in Latin America is relatively low compared to Europe, Asia, and other continents with bigger economies.
A low-cost phone that can pay for itself through passive blockchain participation? Sounds like something most people would be up to. 👀