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Brazilian Digital Real Passes Public Blockchain Pilot Test With Flying Colors
[Feb 27, 2023 6:30 AM] A tokenized version of the digital real, the Brazilian central bank digital currency (CBDC), has passed a public blockchain pilot test successfully. The test, which was carried out by Mercado Bitcoin, a local exchange, using the Stellar network…
Central Bank of Brazil President States Digital Real Pilot Is Imminent
[Feb 17, 2023 1:00 AM] The 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…
Central Bank of Brazil to Test Security and Transaction Privacy Levels of the Digital Real
[Feb 10, 2023 1:30 AM] The 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…
Brazil Could Launch Its Defi-Integrated Digital Real in 2024
[Dec 16, 2022 10:30 PM] Roberto Campos Neto, president of the Central Bank of Brazil, has stated that the digital real project, the Brazilian central bank digital currency (CBDC) could be launched in 2024. Campos Neto also remarked on the benefits the digital currency…
President of Bank of Brazil Shows ‘Open Finance’ Digital Real Concept Featuring Stablecoin Integration and Payments Functionality
[Nov 29, 2022 6:30 AM] Roberto Campos Neto, president of the Bank of Brazil, explained the role that the Brazilian central bank digital currency (CBDC), the digital real, might play in the future of personal finance. At an event, Neto explained the concept of “open…