Brazil’s Central Bank Considers Blockchain Settlement Prototype
Brazil's central bank is seeking to investigate possible use cases for blockchain tech and is now moving toward prototyping.
Central Bank of Brazil
Brazil’s Central Bank Tasks Group With Laying Out Road Map to Digital Currency Issuance
Aug 24, 2020
The 12-member team will submit their findings – and propose a CBDC issuance model – to the central bank in 180 days.
Brazil's central bank spent 1.3 million Brazilian reals (USD $250K) over two years building its new database for financial regulators on Quorum, replacing a slow and expensive paper-based system with a fully digitized version.
Brazil's fast-digitizing financial infrastructure could set the stage for CBDC in the next two years, said Campos Neto.
Brazilian Financial Regulators Will Vet Companies and Political Appointees on a Blockchain
Apr 2, 2020
Brazil’s major financial regulators have unified their intelligence troves under a blockchain-backed sharing system called PIER.
Brazil’s Central Bank Is Ramping Up Blockchain R&D
Nov 13, 2017
Brazil's central bank is now moving to increase the quantity of its blockchain work – months after abandoning the effort.
Central Bank of Brazil
