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1 month ago
Brazilian Congresswoman Sounds Alarm on Drex CBDC Risks, Rejects Cash Elimination Bill Bitcoin.com 28 Dec 2024

Brazilian Congresswoman Sounds Alarm on Drex CBDC Risks, Rejects Cash Elimination Bill

Brazilian Congresswoman Julia Zanatta is worried about the country's new digital currency, drex. She warns it could mean the end of cash. Zanatta suggests letting people vote on whether to use this CBDC or not.

CBDC Júlia Zanatta Brazil Drex
2 months ago
Brazil’s DREX CBDC: Exploring Cross-Border Trade Potential with Chainlink’s Blockchain Technology Coinotag 20 Nov 2024

Brazil’s DREX CBDC: Exploring Cross-Border Trade Potential with Chainlink’s Blockchain Technology

Brazil is developing its DREX CBDC, focusing on cross-border trade, with Chainlink's technology playing a key role.

Chainlink CBDC Brazil Drex
Drex CBDC Phase Two Pilot Explores Blockchain Integration and Trade Finance Automation in Brazil Coinotag 19 Nov 2024

Drex CBDC Phase Two Pilot Explores Blockchain Integration and Trade Finance Automation in Brazil

The Banco Central do Brasil enters phase two of its CBDC pilot, Drex, focusing on blockchain integration and trade finance automation in Brazil.

Brazil Drex Banco Central do Brasil
4 months ago
Drex Brazilian CBDC pilot will work on privacy, DeFi in phase 2 Cointelegraph 14 Oct 2024

Drex Brazilian CBDC pilot will work on privacy, DeFi in phase 2

Phase 2 of Brazil's CBDC pilot focuses on privacy and DeFi, with 13 participants initially involved and open to more.

CBDCs DeFi Brazil Drex
Brazilian CBDC Drex Envisioned to Replace Current Transaction System Bitcoin.com 08 Oct 2024

Brazilian CBDC Drex Envisioned to Replace Current Transaction System

Fabio Araujo, coordinator of Brazil's CBDC Drex, envisions it replacing the current national transaction system. The process will be gradual due to significant migration costs.

CBDC Fabio Araujo Brazil Drex
Brazil tests DeFi elements, compatibility in Drex CBDC pilot Cointelegraph 04 Oct 2024

Brazil tests DeFi elements, compatibility in Drex CBDC pilot

Brazil's central bank is piloting a synthetic CBDC called Drex, designed to incorporate DeFi components with a focus on decentralization, privacy, and programmability.

CBDC DeFi Brazil Drex
5 months ago
Central Bank of Brazil Set to Integrate AI and Data Monetization into Drex CBDC Coinotag 05 Sep 2024

Central Bank of Brazil Set to Integrate AI and Data Monetization into Drex CBDC

The Central Bank of Brazil is integrating AI and data monetization into its Drex CBDC as part of a broader innovation agenda.

CBDC Artificial Intelligence Brazil Central Bank of Brazil Drex
Central Bank of Brazil Hints at a Future Integration of AI Into Its CBDC Bitcoin.com 05 Sep 2024

Central Bank of Brazil Hints at a Future Integration of AI Into Its CBDC

The Central Bank of Brazil is considering integrating AI and data monetization into Drex, its CBDC, as part of its innovation agenda.

CBDC Roberto Campos Neto Central Bank of Brazil Drex AI
6 months ago
Fintech Company Tecban Pilots Tokenization Platform for Brazil’s Drex CBDC Bitcoin.com 27 Jul 2024

Fintech Company Tecban Pilots Tokenization Platform for Brazil’s Drex CBDC

Tecban launches Nexchain platform to tokenize assets for the Drex CBDC pilot in Brazil.

Nexchain CBDC Brazil Drex TecBan
7 months ago
Parfin Creates New Blockchain to Be Used as Privacy Solution for Brazilian CBDC Bitcoin.com 23 Jun 2024

Parfin Creates New Blockchain to Be Used as Privacy Solution for Brazilian CBDC

Parfin has developed a new blockchain, Rayls, as a privacy solution for Brazil's CBDC, Drex. Rayls operates in a permissioned manner and links with other public blockchains via Rayls Public Chain, an Ethereum Layer 2.

Ethereum Parfin Brazil Drex

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