Kimberly Rosales explains the challenges of being a female entrepreneur

Living the experience herself, Kimberly Rosales explains how to face the different barriers that a woman entrepreneur can encounter along the way.


Québec, Canada – WEBWIRE



It is increasingly recurrent to see that the role of women in the world of entrepreneurship is becoming more present. Kimberly Rosales, a successful entrepreneur, explains what potholes women tend to run into in this process.


According to the Global Entrepreneurship Monitor report, Latin America is considered the region with the highest percentage of female entrepreneurship in the world. Even so, still today, female entrepreneurs face invisible barriers due to fear of risk and a lack of alliances and self-confidence that prevents them from promoting their companies.


Finding the right support is a major obstacle. Because it is the first circle around women, family support is crucial. They can get advice, encouragement, and even financial support. Successive women have had their circle of support help them to become the successful ones they are today.


Lack of time can also play a negative role. “Chores, preparing food, taking care of the family and even going through maternity leave are time-consuming activities,” explains Rosales. “This means that many women don’t have enough time for their business. The solution is that the whole family can help with the chores around the house so you have more time to start working on your business.”


It is normal for women to feel insecure about starting a business and not knowing where to begin. This challenge is easily solved. Start by deciding the type of business you want to set up according to what you like and know how to do. For example, if you are complimented for your seasoning, start a food business; if you can sew by machine, make clothes or repair them; or, if you live in a place that allows you to do so, grow crops.


Betting on startups and female businesses is necessary. Doing so breaks the gender bias that women face. The numbers show it: globally alone, 20% of tech startups are created by women.


A study by the National Center for Women and Information Technology indicated that only 25% of technology and computer-related jobs are held by women. Although more and more companies are joining the change, there is still a long way to go in terms of equity.


For fear of appearing bad or getting out of control, women are extremely careful about details. This limits their ability to achieve their goals and actions. Rosales says that entrepreneurs must be equipped with a team capable of delegating and will not be part of women’s orchestras.


Fear of being alone makes women choose the wrong partner, someone who does not allow them to develop, grow and postpone their lives. Rosales advised that you must be with someone who can make you shine and shines, who doesn’t steal your energy.


Programs and support are available from the government, business chambers, and civil associations. They need to be disseminated more widely. Women entrepreneurs will be able to make choices, make decisions, and assume responsibility with the help of information.


Rosales admits that one of the ways to overcome the virtual or psychological barrier that women have in a traditionally male world such as the business world is to learn about success stories. “Cases of women who have become great entrepreneurs, with many workers under their charge and who exercise leadership in the business world. Inspiration to dream and fulfill a dream,” she adds.


Specific products have been created by the government, commercial banks and microfinance firms. Women are not comfortable owing money.


If a woman knows how much money she needs and what her repayment capacities are, there is no problem in applying for credit. In addition, it is necessary to have a system where fathers and mothers can take care of their children and where there is greater flexibility in jobs so that women don’t need to decide between being mothers and being professionals.


About Kimberly Rosales


Kimberly Rosales is an entrepreneur and tech aficionado who, early on, understood the full capabilities cryptocurrency could offer. She founded ChainMyne, a FINTRAC-registered company, in 2020 as a means to offer an easier method for accessing digital currency, as well as to empower cryptocurrency holders. While the majority of her time is occupied by ensuring her business ventures constantly run smoothly, when she does have some free time, she enjoys spending time with her family and exploring new locations.

Kimberly Rosales explains what it means to be an entrepreneur

Kimberly Rosales is clear that being an entrepreneur is an extremely complicated challenge and that is why to achieve the desired success, you must have certain fundamental characteristics.


Québec, Canada – WEBWIRE



Although there is no secret recipe for entrepreneurship since each person is different, there are some characteristics that identify the entrepreneurial spirit. An entrepreneur is a person who identifies an opportunity and organizes the necessary resources to put it into action. Kimberly Rosales uses her experience as an entrepreneur to explain what it takes to start a business and lead it to success.


Successful entrepreneurs have many traits in common with others; they are confident and optimistic, disciplined and self-starters. They are open to new ideas that cross their path.


According to Rosales, there are some defining characteristics. For example, confidence is one of them. It is the hallmark of the entrepreneur. “Not all of us are born with self-confidence, but that doesn’t mean we are not capable of developing it. Many men and women believe in the sense of faith in themselves and the ability to overcome great challenges with daily work, and the self-confidence to see results and gain the respect of others,” assures the expert.


Passion on their part is the most important trait of a successful entrepreneur. They truly love their work. They are willing to put in any amount of overtime just to make the business succeed because there is an enjoyment in their business that goes beyond money. Whether they are passionate about the tasks or activities, they perform on a daily basis, the area or field in which they work, or simply the act of starting or building businesses, a common quality in successful entrepreneurs is the passion with which they do things.


Another quality often found in successful entrepreneurs is business acumen. They have the ability to spot business opportunities that others cannot see, and the ability to differentiate true opportunities from mere business possibilities. Entrepreneurship requires the ability to spot an opportunity that no one else has.


“Tolerance for uncertainty is also of utmost importance,” says Rosales. “Take risks, tolerate uncertainty, and contemplate the possibility of failure. They know that every business opportunity carries risk no matter how much analysis or planning is done, so when faced with an opportunity, they try to minimize as much risk as possible, and then act despite the risk that may still exist.”


Successful entrepreneurs recognize that they are always learning and can learn from everyone daily. To be unwilling to listen and learn is to deny yourself many opportunities. There is no doubt that the ability to learn is tied to the ability to adapt.


Perseverance is too common to see people with many illusions and projects at the beginning but who gradually abandon them and leave them halfway. Successful entrepreneurs have enough perseverance to overcome any obstacle or unforeseen event that may appear along the way, keep going no matter what, and not give up until they have exhausted all possibilities.


Sense of opportunity. The entrepreneur identifies the needs, problems, and tendencies of the people around him and tries to conceive alternatives of satisfaction or solution according to the case.


Optimism is a positive point of view about their surroundings and makes entrepreneurs measure failures in their right dimension and be able to learn lessons from each one. In addition, it allows them to nourish themselves in the good moments to set more ambitious goals.


Finally, there is networking and teambuilding. The first is about forming external contact networks, for which it is essential to know how to communicate and socialize. The second concerns internal networks, i.e., the formation of good working teams: the entrepreneur surrounds himself with like-minded people who share the same passion for his idea, who share a vision of the future, and who can complement his knowledge.


About Kimberly Rosales


Kimberly Rosales is an entrepreneur and tech aficionado who, early on, understood the full capabilities cryptocurrency could offer. She founded ChainMyne, a FINTRAC-registered company, in 2020 as a means to offer an easier method for accessing digital currency, as well as to empower cryptocurrency holders. While the majority of her time is occupied by ensuring her business ventures constantly run smoothly, when she does have some free time, she enjoys spending time with her family and exploring new locations.

Kimberly Rosales explains why cryptocurrencies are important for foreign trade

Foreign trade has always depended on many factors, cryptocurrencies being one of the most recent, and that is precisely why Kimberly Rosales has delved into this relationship.

Québec, Canada – WEBWIRE



The rise of cryptocurrencies looks unstoppable almost a decade after Bitcoin (the most popular) burst onto the scene. But it doesn’t stop there. The world’s financial systems are in the preamble of a probable turnaround. Cryptocurrencies have become the new allies of foreign trade and Kimberly Rosales, with her experience in the crypto world, explains why.


The absence of commissions for foreign currency transactions is the central point. The peer-to-peer system will allow us to send any type of digital currency transaction directly to our receiver, said the well-respected specialist.


There is almost no fee for transferring funds as it is not done through banks. These digital currencies do not require any intermediary, making it much easier to move money.


Hence, they have caused a great impact on the world economy in competition with traditional currencies and the established system. Until now, the remittance market has been dominated by traditional entities such as Western Union or MoneyGram, which charge high transaction fees of more than 8% on average.


“This is going to replace the mainstream currency. You will be able to do everything with any cryptocurrency. You won’t even need a debit card,” said Rosales, who explained that to buy a cryptocurrency, the user must create an e-Wallet that has two keys, one public and one private. When a user buys, he gives his public key and is given a private one for his transaction.


Blockchain-based e-Wallet applications to handle transactions have built-in easy-to-collect tools: regular credit and debit cards, bank transfers, prepaid cards, gift cards, or ATMs. With these applications, money can be withdrawn and sent using any ATM network or mobile app. In the future, it will be possible to pay merchants and utilities with e-Wallets.


To purchase a cryptocurrency, the user must create an e-Wallet that has two keys, one public and one private. When a user buys, they give their public key and are given a private key for their transaction.


“You have to understand that you are not even going to transfer money in the future. With more stable currencies, if I have bitcoins, I transfer bitcoins. I wouldn’t need to change it to physical money. I’ll do it when I need to,” Rosales stressed.


In some countries, progress has already been made in incorporating cryptoassets into the real economy. It is possible to go to a specific ATM for bitcoin and exchange that digital currency for physical dollars or euros.


Blockchain technology was specifically created to dramatically reduce transaction fees. The new landscape in communication channels for cross-border currency transfer is digital asset trading.


Blockchain is transforming the global remittances market by bringing in $600 billion. The World Bank estimates that global remittances grew by 3.7% to $715 billion in 2019 and increased by 10% to $689billion in 2018.


Rosales states, “Cryptocurrencies can be used as a refuge from crises and storms, just like people seek refuge in oil or gold. Precisely, they appeared when 2008’s financial crisis broke out.”


The challenge for governments in the midst of this boom is to find ways to prevent money laundering. Capital from illegal activities can be legitimated by bypassing banks. Not only are cryptocurrency transfers less expensive for international traders because they eliminate the need to use intermediaries and other commissions, but also they can be completed in less than an hour.


In short, the combination of convenience and necessity has led foreign trade operators to start considering the possibility of using cryptoassets as payment methods and even as a collection mechanism. This is provided, of course, that they are not collections that are subject to a deposit and settlement obligation.


Both in terms of their convenience and necessity, cryptoassets appear as a possible tool to be evaluated. At the end of the day, even being a “non-currency,” crypto-assets are able to comply.


About Kimberly Rosales


Kimberly Rosales is an entrepreneur and tech aficionado who, early on, understood the full capabilities cryptocurrency could offer. She founded ChainMyne, a FINTRAC-registered company, in 2020 as a means to offer an easier method for accessing digital currency, as well as to empower cryptocurrency holders. While the majority of her time is occupied by ensuring her business ventures constantly run smoothly, when she does have some free time, she enjoys spending time with her family and exploring new locations.

Kimberly Rosales explains the relationship between artificial intelligence and blockchain

Kimberly Rosales has now applied her knowledge in the world of cryptography to give an insight into the relationship between blockchain and artificial intelligence.

Québec, Canada – WEBWIRE



The very nature of the human being imprints a strong need to know as the strongest natural inclination, giving rise to numerous tools that promote increasingly advanced forms of knowledge production and assimilation. The passage of time led to a slow accumulation of knowledge that led to various distinctions. This massification in the current context configures the big data scenario. The blockchain and artificial intelligence (AI) have been two technologies of high recognition in recent years, which is why the expert in the cryptographic space, Kimberly Rosales, explains the relationship between the two.


Faced with the overabundance of data, as a great mass of information, the need for a philosophical response arises. An initial approach to the question inclines many to inquire into the impact that blockchain and AI have on the very act of knowing. This is due to the simple question of the double presence of a thing: a natural and a cognitive one; and perhaps a third one is added: the “being in the metaverse.”


“I use in a causal way the exemplification with a tree, since this is used as a metaphorical resource in the diagram of understanding the blockchain structure, in which the root is the initial node of that intangible tree called Merkle,” Rosales indicates. As far as AI is concerned, starting from the assumption that the form of the cognizing subject increases with the form of the known object, it forces the question whether in the knowledge produced by AI systems (in the cases of deep machine learning) it is possible or not to speak of the artificial agent as a cognizing subject.


It is the forms of real entities that acquire a new existence in the human intellect and give rise to what is called knowledge. Likewise, in the metaverse, the relationship is reversed, the intellect being able to conceive forms created in the digital world that have no previous existence in reality; rather, they are modeled in a digital ecosystem to make possible their existence in the real world.


“The origin of knowledge is in reality and this same reality is what determines the measure of the content of knowledge,” assures Rosales. “Consequently, knowledge will be true when understanding is actually measured by the real thing when the intentional form coincides with the form immanent to objective reality, giving rise to an epistemological question about blockchain and AI environments. Can the systems of the latter and blockchain measure the real thing?”


If so, Rosales takes for granted the capacity for understanding, which is proper to the human intellect. The only way to be able to sustain this hypothesis would be to start from the premise that human intellect exists by derivation in the machine learning system of artificial agents, without limiting the field of analysis to AI or even its underlying platform (blockchain). This is by analogical application of the categories to the plane reserved for the human being, in which both intelligences (natural and artificial) have or would have the same substance.


The above applies to intellectual knowledge, but something similar occurs in sensible knowledge, in which the subject also becomes something else, but not intelligible but sensible, since the sensible qualities of material things are intentionally made images in the sensibility of the one who knows. This sensitive knowledge occupies a space of great importance, challenge and desire of overcoming on the part of science applied to new technologies that pretends that an artificial agent experiences the same sensitive knowledge as a human being.


The new technological agents would gravitate in the plane of knowledge and knowing, but not in philosophical knowledge. It is the knowledge and knowing proper to the human intellect. Still, the current reality empirically demonstrates that an artificial agent can produce new knowledge, perhaps not conceived a priori by the human being in charge of programming or loading information. This is the reason why it is appropriate to inquire about the being of the blockchain and the being of the AI in order to measure its action, since this follows the being (being as an entity).


About Kimberly Rosales


Kimberly Rosales is an entrepreneur and tech aficionado who, early on, understood the full capabilities cryptocurrency could offer. She founded ChainMyne, a FINTRAC-registered company, in 2020 as a means to offer an easier method for accessing digital currency, as well as to empower cryptocurrency holders. While the majority of her time is occupied by ensuring her business ventures constantly run smoothly, when she does have some free time, she enjoys spending time with her family and exploring new locations.

Kimberly Rosales explains the role decentralized finance is taking to alter the financial space

Kimberly Rosales explains how the current financial space is still facing some drawbacks that may be solved over time with the expansion in the implementation of decentralized finance.

Québec, Canada – WEBWIRE



The technological environment is transforming the financial world. According to the Financial Inclusion of the Central Bank of Argentina, (BCRA), more than 85,000 transactions per adult using electronic payment methods, such as digital transfers and debit cards, were made in June 2021. The total transactions increased by 40% compared to the same period in 2020. Kimberly Rosales, an expert in digital payments, explains how decentralized finance (DeFi) can become the solution that promises to solve the problems of the current system.


This development is still located within the ecosystem of conventional finance, composed of financial institutions, such as banks, exchanges and brokers, which allow lending and borrowing money and exchanging financial assets. The real change will come with DeFi, which includes the use of blockchain and other IT processes that are expected to revolutionize the sector.


For Rosales, DeFi is a “circuit” of financial products that use this new technology and others such as cryptography, consensus algorithms, peer-to-peer systems and smart contracts to avoid having to rely on a central entity such as those that predominate in the conventional financial environment. This is only possible through the use of decentralized applications (DApps), which are nothing more than programs that do not rely on a single counterparty interacting with a central server, such as WhatsApp, Instagram, YouTube, Twitter, and virtually any conventional application do today.


“Since there is no company, no central entity, that has to verify the sending or generation of transactions, each of the users of DApps acts as a node in a decentralized network of transactions,” explains Rosales. “Then, in that way, it is verified and assured that the transactions that are made through those DApps are genuine, original, all in a highly private environment.”


The expert emphasizes that “all these DApps have the ability to interact with each other, forming a kind of, as it is known in the industry, ’Lego’ of money.” Rosales also points out that what DeFi does is to try to ensure that financial processes such as the exchange of assets and money and loans “are automated in a blockchain through a series of business rules that say how the whole operation of these markets is going to be done.”


In this framework, she points out that there is not entirely a team, a company, behind it, as this software directly connects the parties entering into the transaction. At first glance, it might seem that DeFi does not bring much more than an IT change. However, proper implementation could have a very positive impact on the economy of society.


First of all, Rosales points out that all transactions and transfers of value carried out in the DeFi environment are public and verifiable, which provides “unprecedented transparency,” which translates into high security and reliability. The specialist maintains that the fact that the exchanges are visible and exposed allows any user to verify them in the same database that interprets them in encrypted form. In addition, only the public addresses where the assets that are part of each transaction are hosted are disclosed, so that the parties maintain their privacy.


On the other hand, as it is a solid construction of computer codes that automate the operations, the risks are only found in the failures or vulnerabilities, but not in the system itself, which guarantees the effectiveness of the exchanges. Likewise, the ecosystem is highly efficient because it is highly interoperable and does without financial intermediaries.


DeFi’s ability to cross borders is linked to the lack of central counterparties that are tied to the rules and laws of each region, as well as to the proprietary systems they must use. “If I have an Internet connection and I have been trained in how these things work, I can use any of these applications without anyone being able to censor me and on equal terms with the person who is in New York, London, Singapore or any international financial center,” the expert explains, referring to the fact that it is not necessary to be in a privileged area because DApps are global.


Specifically, the great change brought about by the advent of decentralized finance is the greater financial inclusion that will take place in the world. Rosales concludes that DeFi’s potential for inclusion is spectacular and provides opportunities for literally everyone to participate in the financial system.


About Kimberly Rosales


Kimberly Rosales is an entrepreneur and tech aficionado who, early on, understood the full capabilities cryptocurrency could offer. She founded ChainMyne, a FINTRAC-registered company, in 2020 as a means to offer an easier method for accessing digital currency, as well as to empower cryptocurrency holders. While the majority of her time is occupied by ensuring her business ventures constantly run smoothly, when she does have some free time, she enjoys spending time with her family and exploring new locations.