In recent weeks, international media specializing in cryptocurrency has revealed the names of companies that have signed agreements or admitted to working with the Salvadoran government in implementing bitcoin as legal tender in the country.
Internally, Bukele management has not released many details about the project. President Bukele announced last week the purchase of 550 cryptocurrencies through his Twitter account.
He also negotiated in Parliament an amendment to the budget to reach more than $200 million to boost the use of Bitcoin in the country.
At the end of August, Koibanx signed a cooperation agreement to develop El Salvador’s government’s blockchain infrastructure (GOES) on Algorand technology, according to a statement released by the company on its website. This company was born in 2015 and operates in Mexico, Argentina, Colombia and Uruguay.
The agreement signed with GOES will allow official records to be hosted on the blockchain, according to an article…