Brazil is going deeper into CBDC with a new test from MercadoBitcoin.
The LIFT Challenge Real Digital is a collaborative environment carried out by the Central Bank of Brazil , in partnership with the National Federation of Associations of Central Bank Servers . With the announcement of Stellar's integration, SDF will join the consortium created by Mercado Bitcoin to develop solutions for Real Digital and which also has CPQD and ClearSale.
According to the statement, Mercado Bitcoin selected the Stellar network due to the speed, efficiency and security of the protocol. In addition to the consortium created by Mercado Bitcoin, the Central Bank of Brazil also chose the DeFi Aave protocol and ConsenSys in partnership with Visa and Microsoft to develop use cases for the nation's Real Digital.
“The Real Digital initiative is a response to the rapid progress of digital transformation and society's demand for native means of settlement in a new environment. conditions for important efficiency gains to be achieved," said Campos Neto last year.
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