Chainlink, Microsoft, and Banco Inter have joined forces for the second phase of Brazil's Central Bank Digital Currency (CBDC) pilot, known as Drex.
This initiative utilizes Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Microsoft's advanced cloud infrastructure.
The collaboration aims to bring significant innovation to the automation of trade finance processes.
By integrating these technologies, the project seeks to enhance the efficiency and scalability of digital currency systems in Brazil.
Kaynak: cointelegraph.com ↗