Kaiko announces partnership with (BTI) Blockchain Transparency Institute to support the development of Bitso, a cryptocurrency that is seeking to democratize financial services in Mexico. Driven to consumers with heavy customer service support services they have implemented top security protocols to maintain transparency and accountability in the cryptocurrency market.
To reassure consumers of their loyalty to the market they are transparent in their market data, that is where BTI comes in to play with their vigilance of market manipulation. As much as the numbers and data come into the equation that Bitso is trying to plug themselves into only 7 out of 10 Mexican Citizens have bank accounts and even then only 12% have credit cards. Those statistics derive from a distrust of banks and the government and in some cases not having access to financial institutions in the region.
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