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Brazilian CBDC Drex Envisioned to Replace Current Transaction System

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Brazilian CBDC Drex Envisioned to Replace Current Transaction System
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Brazilian CBDC Drex Envisioned to Replace Current Transaction SystemFabio Araujo, the coordinator of Drex, the Brazilian CBDC, envisions this network substituting the current national transaction system and moving all the funds currently settled by the Reserve Transfer System. However, he stated that this would take some time, as the cost of this migration would be significant. Drex Coordinator Envisions Total Substitution Of Traditional […]
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Crypto has 4 years to grow so big ‘no one can shut it down’: Kain Warwick, Infinex

Crypto has 4 years to grow so big ‘no one can shut it down’: Kain Warwick, Infinex

Digital Real Pilot to Run on Ethereum-Compatible, Permissioned Blockchain

Bitcoin.com
Digital Real Pilot to Run on Ethereum-Compatible, Permissioned Blockchain
bitcoin.com
Digital Real Pilot to Run on Ethereum-Compatible, Permissioned BlockchainAccording to the Central Bank of Brazil, the digital real pilot project will use an Ethereum-compatible, permissioned blockchain for the issuance of the tokenized version of the country’s currency. Hyperledger Besu, the open-source platform elected for the tests, will allow the project to run without any licensing costs and to deal with maintenance costs later, […]
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Crypto has 4 years to grow so big ‘no one can shut it down’: Kain Warwick, Infinex

Crypto has 4 years to grow so big ‘no one can shut it down’: Kain Warwick, Infinex

Central Bank of Brazil President States Digital Real Pilot Is Imminent

Bitcoin.com
Central Bank of Brazil President States Digital Real Pilot Is Imminent
bitcoin.com
Central Bank of Brazil President States Digital Real Pilot Is ImminentThe president of the Central Bank of Brazil, Roberto Campos Neto, has clarified the status of the development of the Brazilian central bank digital currency (CBDC), the digital real. Campos Neto stated that the pilot test will start now and that banks will have to digitize more of their balances in the future. Pilot Tests […]
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Crypto has 4 years to grow so big ‘no one can shut it down’: Kain Warwick, Infinex

Crypto has 4 years to grow so big ‘no one can shut it down’: Kain Warwick, Infinex

Central Bank of Brazil to Test Security and Transaction Privacy Levels of the Digital Real

Bitcoin.com
Central Bank of Brazil to Test Security and Transaction Privacy Levels of the Digital Real
bitcoin.com
Central Bank of Brazil to Test Security and Transaction Privacy Levels of the Digital RealThe Central Bank of Brazil will focus its first digital real tests on determining the levels of privacy and security that can be achieved with the proposed central bank digital currency (CBDC) infrastructure. The tests will be conducted later this year and will set up a simplified operation to transact with a still-to-be-determined tokenized asset. […]
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Crypto has 4 years to grow so big ‘no one can shut it down’: Kain Warwick, Infinex

Crypto has 4 years to grow so big ‘no one can shut it down’: Kain Warwick, Infinex

Central Bank of Brazil Director Praises Bitcoin as a Financial Innovation, Talks Programmable Digital Real

Bitcoin.com
Central Bank of Brazil Director Praises Bitcoin as a Financial Innovation, Talks Programmable Digital Real
Bitcoin
Central Bank of Brazil Director Praises Bitcoin as a Financial Innovation, Talks Programmable Digital RealFabio Araujo, Director of the Central Bank of Brazil, has praised the properties of Bitcoin, saying it is a financial innovation using new technologies. To Araujo, Bitcoin was the catalyst for what is today known as Web3. At an event, Araujo also commented about the status of the development of the digital real, stating that […]
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Crypto has 4 years to grow so big ‘no one can shut it down’: Kain Warwick, Infinex

Crypto has 4 years to grow so big ‘no one can shut it down’: Kain Warwick, Infinex

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