There may be an enterprise blockchain arms race brewing in Latin America.

LatamLink, an alliance of three organizations involved in the launch of the EOS public blockchain in 2018, is now busy integrating the EOSIO software for enterprise uses. The group seems to be competing for business in the region with ConsenSys, a globally distributed outfit focused on all things Ethereum.

Up for grabs is LACChain, a blockchain framework that has the backing of the Inter-American Development Bank (IDB) and a host of public and private entities across Latin America and the Caribbean.

ConsenSys set up a Besu testnet for LACChain early last year, to create infrastructure that is both public and permissioned, where necessary, to accommodate digital identity and tokenized fiat money. It’s meant to enable use cases in government procurement, land registry programs, social impact projects and so on.