Business Case: Launching a National Cryptocurrency Backed by Lithium and Mining Resources

Montevideo - Uruguay, Feb. 1st, 2025  

Preface

Through the management-on-demand consulting boutique iMB.Solutions and the tech network iMBdigital.Gallery_, we are involved in a sub-project for a North American strategic investor in blockchain infrastructure in the project for a national cryptocurrency as an official means of payment in Argentina. Some readers of the blog have already been following the published blogs on the iMB.Solutions website and via the GreyRhino newsletter (webpage iMB.Solutions and LinkedIn) since the beginning of 2024.

Below I would like to give you an overview of how the thinking on this is currently shaping up. The following business case is a text form reduced to the maximum, which is easily publishable at this moment.

Let's go!

Could Argentina Launch a Cryptocurrency Backed by Mining Resources and Lithium Reserves?

Montevideo (URG)/Hamburg (GER), Dec. 21, 2024

Preface

Argentina, a country rich in natural resources, has the potential to become a global leader in the lithium market, especially with the increasing demand for the mineral driven by the electric vehicle and renewable energy industries. This raises a compelling question: could Argentina capitalize on its vast mining and lithium reserves by launching a national cryptocurrency backed by these valuable assets?