Service exports constitute a highly interesting source of value generation, due to the creation of jobs and foreign exchange earnings.
The service industry (IT and programming, professional services, design, etc.) exported from Argentina during 2020 a total of US$5.7 billion per year according to official records, with its main destinations being the US and the European Union.
The sector is the second largest exporter in the country, only surpassed by the oilseed-cereal sector.
Many of these exporters are young people who have never entered the local traditional labor market and have started their professional experience offering their services abroad to accommodate their needs and values, such as freedom, anonymity, remote work, flexibility and dynamism. . Calling this new generation of young people, as the Decentralized Generation or Generation D.
How is this new Decentralized Generation?
- He does not want to work in an office from Monday to Friday from 8 a.m. to 5 p.m. He does it from his notebook from anywhere in the world, meeting objectives but without fixed hours or days.
- You are not looking to buy physical land to build a weekend home, you are looking for land in Decentraland.
- He doesn’t know how to deposit a check, but he “roules” on 7 chains while playing sudoku on his smartphone.
- He never made a fixed deadline, he “farms” microcaps in Solana.
- He can’t pay for a beer with a credit card because he doesn’t have a bank account since he lives around the world without a fixed zip code, but he has 2M SHIBA in his wallet.
“The Argentine service industry is successful thanks to the very good level of education, which is still free. In addition, there is a high percentage of people who speak English. And the time zone similar to the United States helps a lot”, explains Raúl Ortíz Head of Business of Bitwage
, the pioneer platform in payment of fees in cryptocurrencies most chosen by workers, freelancers and service exporters.
According to their records, Argentine users grew by 250% during the pandemic, with an average of USD 2,500 billed per person. “The economic situation also means that crypto adoption is great and many developers or programmers are inclined to this industry, making Argentina a very interesting hub of talent for this ecosystem,” adds Ortiz.
In this context, Argentines accompany the crypto world that is consolidating internationally and especially in the region, which will experience an increase in increasingly advanced users, and also younger ones, who seek these values in the so-called Web 3.0.
Without a doubt, year after year, decentralized projects will gain prominence among users who are already operating in the crypto world, but also among novices. The security and privacy offered by non-custodial products (not guarded by a body that centralizes it) will be the turning point for users in a scenario that poses regulations.
“A change in the global financial system is imminent. Soon, it will not matter where each person was born, access to universal currencies, through a cell phone, without bureaucratic barriers and with low shipping costs is already possible. And it’s going to reshape the economy as we know it. By force, it will contribute to a more democratic and just world. That change is being led from here: Latin America. From Defiant we come to accompany and make this change easier”, explains Celina Nieman, CO-CEO of Defiant.
In this context , Defiant
, the self-custodial Latin American wallet developed by Argentine talent, demonstrates this trend with visible results, since in less than a year it grew by 400% and went from 4 members to form a team of 20 professionals, knowing clearly that its The focus is on this #GenerationD through its easy usability, young and dynamic codes. But above all through decentralization and anonymity.