According to Oscar Cruz, the electronic signature provides financial entities with a series of benefits that make it a tool of great value, since the documents generated can be signed and processed in an agile manner.

The Deputy Secretary of Innovation Fabrizio Mena also participated and highlighted the bitcoin experience as part of the Financial Inclusion Plan.

The undersecretary said that the Bitcoin law seeks to facilitate Financial Inclusion and that it allows opening the doors for the regulated use of electronic money and simplified savings accounts, with the benefit of promoting time and money savings when making transactions.

In addition, he commented that the law allows the majority of the population to have access to and use financial services for their own well-being. This demonstrates that it is not improvised, since it is part of a process of digital transformation in the financial sector.

The expert of this Superintendency, Daysi Minero, highlighted in the Espacio de Innovación 2021, that digital transformation is not about the technology that is used, but the way in which it is used to facilitate activities.

Daysi Minero said that for digital transformation to take place, it is necessary to have components such as: innovation culture, technology, trained human talent, and an adequate innovation management.

Carlos Andrade, expert of the Banco de Fomento Agropecuario (BFA), explained that digital financial inclusion seeks to create access to formal, real and tangible financial services for those who have been neglected.

According to Carlos Andrade of BFA, the main input to create digital financial inclusion services is to know the needs of customers and create solutions.

Regarding the growth of digital operations, Carlos Andrade explained that these have increased because users have changed their habits in conducting financial transactions.