Inside Drex - Brazil's Revolutionary CBDC with Fábio Araujo

2/8/24

Fábio Araujo, coordinator of Drex at Brazil’s Central Bank, shares an update on the CBDC/tokenization project. Built on Hyperledger Besu, Drex aims to tokenize assets like bonds and enable inclusive finance via banks and fintechs. Privacy at scale remains the biggest hurdle, with ZKPs under review. Drex could reshape Brazil’s financial system—just like PIX did.

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