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Drex will allow Brazilians to earn money with their data
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The president of the Central Bank, Roberto Campos Neto, presented news about the drexa project that promises to transform the Brazilian financial system and bring unprecedented opportunities to citizens.
During his last live broadcast in charge of the monetary authority, Campos Neto highlighted that Drex marks the beginning of tokenization of the banking system, going beyond simple digitalization.
This approach puts Brazil at the forefront of a more decentralized and agile global financial system, according to him.
Tokenization, which consists of registering assets in blockchainis a big trend for the financial future. According to Campos Neto, “the financial world of the future is a tokenized world, different from the centralized digital one. It is a system that allows business and direct interactions between customers.”
Drex: Making Money From Your Data
In other words, the Drex brings an innovative model which can expand access to services and generate new income streams.
One of the most innovative points highlighted was the use of personal data as a source of value.
This idea suggests that Brazilians will be able to monetize their own datacreating new forms of wealth.
Drex is part of a broad agenda that already includes the Pix and the Open Financetechnologies that modernized the Brazilian banking system. The union of these tools will allow fast, secure and global transactions. Furthermore, it consolidates Brazil as a leader in digital economy.
Campos Neto also highlighted that, with Drex, the Central Bank seeks to create a more democratic financial system, innovative and profitable for everyone.
Drex will allow Brazilians to earn money with their data
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Drex will allow Brazilians to earn money with their data
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Drex will allow Brazilians to earn money with their data
