financial

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Ethereum August 17, 2018

Pablo Soria de Lachica Explains the Advantages of Ethereum-Based Smart Contracts

As blockchain solutions continue to proliferate across all sectors of the international economy—by 2024 the market is expected to exceed USD$60 billion as reported by Forbes, global investment expert Pablo Soria de Lachica examines the benefits of Ethereum-based smart contracts and how companies can greatly improve their organizational capabilities by integrating this cutting-edge, scalable technology. He explains the basic concept as such—a simple system/program (if A executes B, then C occurs) designed to facilitate financial agreements between two or more vested parties, underpinned by the security, reliability and convenience of an encrypted blockchain cryptocurrency such as Ethereum (ETH) which surpasses the often-touted Bitcoin in application due to its open source coding language. Soria de Lachica is not alone in his enthusiasm and positive outlook for this technology, as NASA have recently announced their investment in ETH research with an aim to adapting smart contracts to the programming of space craft, primarily due to the perceived stability of Ethereum (its…

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Mexican Businesses December 5, 2017

Pablo Soria de Lachica – Examines Prospects for Mexican Businesses in Earthquake-Affected Regions

In September of 2017, two separate earthquakes just weeks apart brought a great deal of destruction and casualties to Mexico City and the states of Morelos, Puebla, Oaxaca and Chiapas. The aftermath of these tragedies revealed a death toll that climbed well over 400, completely leveled over 60 buildings, and left thousands of other structures with significant damage. The effects will continue to linger in several ways for an extended amount of time, as these regions focus on recovery with not only their infrastructure and housing, but their respective business environments as well. Globally-renown businessman and foreign exchange expert Pablo Soria de Lachica discusses the financial prospects for the areas affected by these earthquakes, highlighting positive projections over the long term as they rebuild and move on. Shortly following the quakes throughout Mexico, the initial fallout was easy to see. Many businesses were total losses, while others sustained heavy damages that would prevent them from…