Bacen


Finance

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.

(Jo Galvao/Shutterstock)

Markets

Brazilian Financial Regulators Will Vet Companies and Political Appointees on a Blockchain

Brazil’s major financial regulators have unified their intelligence troves under a blockchain-backed sharing system called PIER.

"Our objective is that this system promotes gains to the market," said CVM President Marcelo Barbosa. (Image via Edilson Rodrigues/Wikimedia Commons)

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