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Brazil's New Blockchain Data Tool Cost $250K, Runs on Quorum

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.

Updated May 9, 2023, 3:07 a.m. Published Apr 10, 2020, 6:00 p.m.
(Jo Galvao/Shutterstock)
(Jo Galvao/Shutterstock)