November 8, 2024

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Brazilian CBDC Pilot Postponed to 2025 Due to Inefficiency of Privacy Solutions

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Brazilian CBDC Pilot Postponed to 2025 Due to Inefficiency of Privacy Solutions
Brazilian CBDC Pilot Postponed to 2025 Due to Inefficiency of Privacy SolutionsThe Central Bank of Brazil announced the postponement of the completion of the drex pilot, the Brazilian CBDC, due to the inefficiency of the privacy solutions presented for the project so far. The pilot will have a new phase, finalized in 2025, and will also feature the implementation of smart contracts to nurture use cases […]