Club de Investigación Tecnológica, S.A.
P.O. Box 12740-100   Phone 2223-5923  Fax 2223-1997
www.clubdeinvestigacion.com

From:       Leda Mora
Subject: Meeting on January 21, 2015

We are pleased to invite you to the meeting that will take place on Wednesday, January 21 at 7:30 a.m. at Club Unión. On this occasion, we will have the collaboration of Mr. Arturo D’Elia, an IT specialist at M2 Systems, an enthusiast of Bitcoin Blockchain, aviation, travel, finance, and technology, and Eng. Rodrigo Fernández, President of Sistemas Edenia Internacional. They will present on:

“Bitcoin – Experiences and Applications in Argentina”

Money is an ancient abstraction that replaced bartering as a means of payment for commercial exchange. We generally conceive money as the socially accepted means for paying goods, services, and debts. For centuries, money was minted in metals, in terms of which the prices of goods and services were expressed. Until the 20th century, paper money was backed by valuable metals and minerals. Today, physical money is issued by states and its value is based on the trust the public places in its acceptance as a means of payment, not on the value of the material used to manufacture it.

‘Electronic’ or ‘digital’ payment methods have emerged over the past decades: electronic funds transfers, payment services on public networks, payments guaranteed by bank accounts or credit cards, ‘smart’ cards, etc. Digital money is exchanged through computers or digital devices, networks, and cryptographic mechanisms to protect the transfer and storage of data. Cards with ‘chips’ or mobile phones can store limited amounts of digital money, similar to a wallet.

Pseudo-anonymous digital money schemes have appeared, such as Bitcoin, which rely on cryptographic schemes without backing from any government. It is a distributed (‘peer-to-peer’) system in which users transact without intermediaries. Transactions are verified by nodes in the network and recorded in a public and distributed ledger called the ‘blockchain’.

This conference will explain the nature of Bitcoin, the decentralized network, the currency, its security scheme, the blockchain technology and the problem it solves, the guarantees that the technology provides in terms of value transfer, etc. Bitcoin and similar schemes have significant disruptive potential in today's world and raise many questions, but they also offer multiple applications and have interesting implications in countries like Argentina, where the use of Bitcoin has been encouraged as a way to mitigate the negative effects of the economy on citizens and businesses.

The following professionals will benefit from this conference: General Managers, Financial Managers, Commercial Managers, Technology Managers, Directors of Technology Companies, Business Development Managers, Directors of Innovation, Research and Development, Digital Entrepreneurs, Consultants, and Professionals in ICT, Finance, and Auditing.

Please confirm your attendance with Leda Mora, phone 2223-5923, fax 2223-1997, email leda@clubdeinvestigacion.com