RSK Expands Globally and Moves Into Southeast Asia

We covered the expansion of IOV Labs and RSK, the company's present and future in Asia, and the prospects for Taringa! after its purchase.

"When asked about the decision to expand to other markets, Sraigman said that"after building the ecosystem in Latin America, trying to have collaborations with partners in Europe and the United States and little by little in Asia as well, the idea was to make the decision to expand globally and come to Asia to try to explain what we were building.

"Southeast Asia is a very important market for us. There are similarities and differences with the Latin American market. It is a much more agile ecosystem than we are accustomed to in Latin America," he said, noting the existence of alternative payments, neobanking, virtual wallets in the Asian continent.

Sraigman says the company has its sights set on different strategic focuses: "This is where the development of technology is going a little bit. Just as the ICO or STO were two or three years ago, today the thematic axes become DeFi. Bitcoin in its nature is decentralized finance. Everything we are seeing about Bitcoin, Ethereum, the idea is to replicate it. And another angle is sharing economies. And it's the strategy Taringa! brings. See how we compensate users, who today are selflessly and without incentives creating content or collaborating with others. The idea is to support initiatives. There are more than 1000 communities within Taringa! creating content."

"We're probably about a year away from strong mass adoptions, and Taringa! has potential, with 30 million connected users who could have wallets and receive tokens in their wallets," he said.

IOV Labs, the company behind RSK, and the purchase of Taringa!

"Cointelegraph reported last September that the Argentina-born social network Taringa! was sold to IOV Labs, the company behind RSK. In this regard, IOV Labs CEO Diego Gutiérrez Zaldivar spoke on that occasion about the expectations:"Taringa!, with 30 million registered users, is the leading social network of Spanish-speaking users.

Having access to Taringa's user base will provide invaluable information and data for testing and distributing new decentralized infrastructures and applications powered by the RSK platform and the RIF token on a large scale.

"We see Taringa as the first step toward mass adoption of the RSK and RIF platforms, and a big step forward for our long-term vision of empowering people through decentralization," he said.

"Together with Taringa's leadership, and using RSK's decentralized infrastructure, we plan to develop innovative consumer products and services for their communities."