LAXMINT, a blockchain-based ecosystem, and the Federation of Indigenous Native Peoples in Mexico (FEPOI) have signed a memorandum of understanding aimed at assisting indigenous communities.
Goals and Objectives of the Agreement
The agreement between LAXMINT and FEPOI focuses on supporting indigenous communities through sustainable mining practices. The memorandum emphasizes the importance of joint promotion of ethical and responsible artisanal and small-scale gold mining (ASGM) practices, the development of traceability standards, and social initiatives. Key areas of cooperation include: - Promoting ethical and sustainable mining practices. - Creating educational materials and onboarding programs. - Establishing technical infrastructure for tokenized real-world assets.
Reactions from Both Parties
Marisol Pineda Torres, CEO of FEPOI, highlighted the significance of this partnership, stating: "This is an incredible opportunity. Technologies such as blockchain are greatly needed in our communities." Tanzveer Ummer, CEO of LAXMINT, noted that the partnership opens new horizons for the company and its communities, adding: "This collaboration marks an exciting step forward for our influence over artisanal gold mining in Mexico and South America."
Impact on Communities
The partnership between LAXMINT and FEPOI not only provides new economic integration opportunities but also fosters the digital development of indigenous communities. FEPOI will manage regional initiatives such as token distribution, strategic marketing, and events. A significant emphasis will be placed on corporate social responsibility specifically benefiting indigenous and tribal communities.
The agreement between LAXMINT and FEPOI could represent an important step toward improving the lives of indigenous peoples by leveraging modern technology for sustainable development and social justice.
