List of LACChain Customers
IDB Lab
1300 New York Ave NW,
Washington, 20577, DC,
United States
Washington, 20577, DC,
United States
1 202-623-1000
Banking and Financial Services
200
$35M
Since 2010, our global team of researchers has been studying LACChain customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased LACChain for Blockchain Platform from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using LACChain for Blockchain Platform include: Banco Davivienda, a Colombia based Banking and Financial Services organisation with 17000 employees and revenues of $3.35 billion, Inter American Development Bank, a United States based Professional Services organisation with 2225 employees and revenues of $720.0 million, IDB Invest, a United States based Banking and Financial Services organisation with 500 employees and revenues of $130.0 million, IDB Lab, a United States based Banking and Financial Services organisation with 200 employees and revenues of $35.0 million and many others.
Contact us if you need a completed and verified list of companies using LACChain, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The LACChain customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight | Insight Source |
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Banco Davivienda | Banking and Financial Services | 17000 | $3.3B | Colombia | IDB Lab | LACChain | Blockchain Platform | 2021 | n/a | In 2021 Banco Davivienda launched a pilot using the LACChain Blockchain Platform to issue, place, trade, and settle a bond within the Colombian capital markets, collaborating with the IDB Group and IDB Invest. The initiative positioned LACChain as the ledger and smart contract execution layer for a full security lifecycle experiment, with Banco de la República participating as an observer node. The implementation used LACChain to instrument core capital markets functions, including tokenized issuance, placement workflows, secondary market trading records, and automated settlement via smart contracts. IDB Invest subscribed to the full issue while transaction records and lifecycle events were recorded on the LACChain platform to provide end to end traceability and transaction security. Integrations and operational routing were explicit, proceeds from the issuance being transferred into the Banco de la República high value payment system, and the Banco de la República operating an observer node to validate processes. The pilot scoped both primary and secondary market mechanics and was structured as a six month proof of concept to surface operational challenges and regulatory requirements relevant to decentralized securities issuance. Governance and operating model workstreams focused on creating the commercial, operational, technological, and regulatory framework required to conduct real life debt instrument transactions on a blockchain platform, with the IDB Group providing technical and regulatory advisory. The program emphasized infrastructure investments by Banco Davivienda to ensure security, tracking, and transparency, and sought to assess stated benefits such as potential reductions in operational costs, optimized processing times, greater efficiencies in traceability and transaction security, elimination of information asymmetries, and improved management of financial risks without compromising investor protection. | |
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IDB Invest | Banking and Financial Services | 500 | $130M | United States | IDB Lab | LACChain | Blockchain Platform | 2021 | n/a | In 2021 IDB Invest implemented LACChain as its Blockchain Platform, establishing an on‑chain infrastructure that was later used to execute a pilot blockchain bond issuance in Colombia. The implementation positioned IDB Invest to transact on LACChain within a regulatory sandbox environment overseen by national supervisors. The pilot, coordinated with the IDB Group and Banco Davivienda, completed the full securities lifecycle on LACChain including bond authorization, initial registration, subsequent deregistration in the National Registry of Securities and Issuers RNVE, issuance, trading, recording, and fulfillment. The bond was fully subscribed by IDB Invest for COP$110 million and executed end to end on the LACChain Blockchain Platform, demonstrating a complete capital markets workflow implemented on a distributed ledger. Architecturally the deployment used LACChain infrastructure enabled by IDB Lab as a regional public good, with supervisory nodes operated by the Bank of the Republic of Colombia and the Colombian Financial Superintendency SFC to provide continuous monitoring of negotiation and fulfillment events. Functional capabilities implemented included on‑chain issuance and trading, registry synchronization with RNVE, and automated lifecycle event handling consistent with smart contract driven issuance and settlement patterns typical of Blockchain Platform implementations. Operational scope for the pilot was organized within La Arenera, the SFC sandbox, and involved multidisciplinary teams from Banco Davivienda, the IDB Group, the SFC, and the central bank, covering financial, operational, technological, legal, and regulatory disciplines. Governance changes included live supervisory node monitoring, predefined on‑chain reporting checkpoints for regulators, and coordinated workflows between capital markets operations and compliance teams. Explicit outcomes cited by participants included improved transparency, faster and more secure processing of securities events, and reduced complexity and costs associated with issuance workflows. The pilot on LACChain provides a replicable operational model for capital markets digitization in the region and a pathway to explore broader financial inclusion through blockchain enabled securities processes. | |
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IDB Lab | Banking and Financial Services | 200 | $35M | United States | IDB Lab | LACChain | Blockchain Platform | 2021 | n/a | In 2021 IDB Lab implemented LACChain, a Blockchain Platform, to support a pilot blockchain bond issuance for Colombia's capital markets within the La Arenera regulatory sandbox. The deployment enabled the issuance, trading, recording, and fulfillment of a COP$110 million bond that was fully subscribed by IDB Invest, and involved Banco Davivienda, the Colombian Financial Superintendency SFC, and the Bank of the Republic as active participants in the pilot. The implementation of LACChain included on‑chain issuance and lifecycle management capabilities typical of a Blockchain Platform, with tokenization of the security, smart contract driven execution of trade and settlement events, and on‑chain recording to support authorization, initial registration, and subsequent deregistration processes in the National Registry of Securities and Issuers RNVE. LACChain was provisioned as the underlying infrastructure enabled by IDB Lab as a regional public good, and the solution supported a full trading cycle recorded entirely on blockchain. Operational integration for the pilot included direct interaction with the RNVE registry to reflect authorization and deregistration steps, and continuous supervisory access through monitoring nodes. The Bank of the Republic and the SFC operated supervisory nodes that observed the entire negotiation and fulfillment cycle, enabling regulatory oversight while the transaction was executed between market participants on LACChain. Governance of the pilot was delivered through a multidisciplinary team spanning financial, operational, technological, legal, and regulatory functions from Banco Davivienda, the IDB Group, the SFC, the Bank of the Republic, and LACChain. Processes for bond authorization, registry reconciliation, on‑chain settlement, and deregistration were restructured to accommodate on‑chain workflows and supervisory monitoring inside the La Arenera sandbox, with logistical and regulatory support provided by the IDB Group. The pilot demonstrated explicit outcomes stated by participants, including testing time and cost efficiencies across a full trading cycle, increased transparency, faster and more secure processing, and a reduction in issuance complexity and costs. As the first blockchain bond pilot in Latin America and the Caribbean, the deployment on LACChain provided a template for future exploration of capital markets automation and broader financial inclusion efforts in the region. | |
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Professional Services | 2225 | $720M | United States | IDB Lab | LACChain | Blockchain Platform | 2021 | n/a |
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Buyer Intent: Companies Evaluating LACChain
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| Logo | Company | Industry | Employees | Revenue | Country | Evaluated | ||
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FAQ - APPS RUN THE WORLD LACChain Coverage
LACChain is a Blockchain Platform solution from IDB Lab.
Companies worldwide use LACChain, from small firms to large enterprises across 21+ industries.
Organizations such as Banco Davivienda, Inter American Development Bank, IDB Invest and IDB Lab are recorded users of
LACChain for Blockchain Platform.
Companies using LACChain are most concentrated in Banking and Financial Services and Professional Services, with adoption spanning over 21 industries.
Companies using LACChain are most concentrated in Colombia and United States, with adoption tracked across 195 countries worldwide. This global distribution highlights the popularity of LACChain across Americas, EMEA, and APAC.
Companies using LACChain range from small businesses with 0-100 employees - 0%, to mid-sized firms with 101-1,000 employees - 50%, large organizations with 1,001-10,000 employees - 25%, and global enterprises with 10,000+ employees - 25%.
Customers of LACChain include firms across all revenue levels — from $0-100M, to $101M-$1B, $1B-$10B, and $10B+ global corporations.
Contact APPS RUN THE WORLD to access the full verified LACChain customer database with detailed Firmographics such as industry, geography, revenue, and employee breakdowns as well as key decision makers in charge of Blockchain Platform.