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🇧🇷 Brazil Central Bank CBDC Adoption (pilot) & Collaboration with Chainlink, Microsoft, and Banco Inter 🌟 Brazil’s financial sector is launching the second phase of the Central Bank's CBDC project - pilot. 🎯 This phase focuses on developing a trade finance system with oracles and blockchain technology hence the initiative brings together Microsoft, @chainlink, Banco Inter, and 7Comm where each of these institutions will have a special role in contributing to the pilot program, targeting improvements in cross-border agricultural commodity transactions and supply chain processes. Bruno Grossi, Banco Inter’s head of emerging technologies in a news release with @Cointelegraph stated “We see collaborating in this project with technology leaders like Microsoft and Chainlink Labs as a transformative opportunity to expand market reach and improve the health of the Brazilian market.” Brazil’s CBDC adoption is a bold move toward a more interconnected and tech-driven financial landscape. Gladly, we’re looking forward to the results of the second phase of the pilot project. Click the link for full insights - cointelegraph.com/news/brazil-dr… ▫️Stay Updated With Us!

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