The rise of digital currencies in Brazil
The BCB known as Brazilian Central Bank under the named PIX hopes and desires that the Brazilian project consisting of creating a new payment service is going to facilitate and make payments easy.
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The BCB known as Brazilian Central Bank under the named PIX hopes and desires that the Brazilian project consisting of creating a new payment service is going to facilitate and make payments easy.
As the coronavirus is taking a hard punch on the global communities, many countries are seeing their economy on an imaginable recession they could had never imagine happening to them in this era of discoveries and permanent and continuous innovation.
With world in general switching more and more towards digitization during this time of lockdowns in some countries and continents as others are uplifting their lockdowns and limiting their restrictions that were put in place as a way to combat or limit the spread of the coronavirus, what will then be the future of the blockchain technology?
Many banks often function in a typical manner of retailing payments as a part of their role in maintaining the stability and effectiveness of financial systems and keeping the confidence in the used currencies. With the emergence of the new form of currencies, commonly known as digital currencies, it is being examined by different committees and organizations and as such, it has had an immediate and direct impact on payments and market infrastructures.
It is a straightforward fact that the blockhain technology and cryptocurrencies could be of great use and magnitude to companies and enterprise, be it small or large scale enterprises.
Coming from the Central part of Africa where life seems more difficult financially as compared to other African countries, any technology that improve our lifes will be the most welcomed.
The blockchain technology has no limits. When you think you have understood its functioning, it is at that very moment you turn to realize it is a technology of great magnitude.
At this time of the year that every eye is focused essentially on the coronavirus, there are many things that could had been avoided like the cancellation of election and voting with the use of the blockchain.
Nowadays, the main discussion turns around the blockchain technology and help it is manifesting itself around the crisis that is happening at the moment.
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