Registry of cryptocurrency miners Venezolana ended this Sunday

This Sunday the inscription phase of cryptocurrency miners ended, a process that began on December 22 through the website of the Venezuelan Observatory of the Blockchain (OVB) to group those interested in having access to Petro.

By mid-January, more than 90,000 citizens had completed their registration in the system.

Last December, the national executive created Petro, a cryptocurrency backed by the nation's oil, gas, gold and diamond reserves.

Since then, a series of forums and working groups have been promoted throughout the country with different sectors of society to systematize the proposals to strengthen this cryptocurrency, which can be exchanged for foreign exchange or assets.

Each Petro will have a value equal to the price of each oil barrel of the Venezuelan basket and, therefore, the Executive decreed that the cryptocurrency will have as material support field number 1 of the Ayacucho Block of the Orinoco Oil Belt.

Currently, unregulated digital mining in the country produces between 80 and 100 million dollars a month, according to Daniel Peña, general secretary of the OVB.

The blockchain is considered the leading software platform in the world, not only for the purchase and sale of digital assets, but also for any other type of activity. The system is characterized by not being subject to banking institutions.