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Category DREX

Brazil advances CBDC technology with new cross-chain pilot using Chainlink’s CCIP

Brazil advances CBDC technology with new cross-chain pilot using Chainlink’s CCIP

The Central Bank of Brazil (BCB) is advancing its central bank digital currency (CBDC) framework initiative by collaborating with Banco Inter, Micr...
Brazillian Central Bank Invites New Participants to CBDC Pilot Program

Brazillian Central Bank Invites New Participants to CBDC Pilot Program

The Brazilian Central Bank is opening the drex CBDC pilot to new entrants, aiming to test more advanced use cases and privacy solutions for the pro...
Brazilian CBDC Drex Envisioned to Replace Current Transaction System

Brazilian CBDC Drex Envisioned to Replace Current Transaction System

Fabio Araujo, the coordinator of Drex, the Brazilian CBDC, envisions this network substituting the current national transaction system and moving a...
Central Bank of Brazil Reveals New Use Cases to Be Tested in Its Drex CBDC Second Pilot Phase

Central Bank of Brazil Reveals New Use Cases to Be Tested in Its Drex CBDC Second Pilot Phase

The Central Bank of Brazil disclosed a new set of use cases that will be part of the second phase of the ongoing pilot of its drex CBDC. Among the ...
Central Bank of Brazil Hints at a Future Integration of AI Into Its CBDC

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

The Central Bank of Brazil has hinted at implementing artificial intelligence (AI) and data monetization processes into Drex, its central bank digi...