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Banco Central Do Brasil Selects STRATO for Latest Blockchain Project

In an article for the Harvard Business Review on the impact of blockchain tech on Financial Services, Alex Tapscott asked, “Is this the end of banking as we know it?” Needless to say, financial services firms are paying attention.

Earlier this year, Banco Central Do Brasil, the Central Bank of Brazil (BCB) released a detailed research paper on the application of blockchain tech on a core bank process, Transaction Settlement. In the first test, BCB chose to use STRATO, citing the simplicity of moving from the idea stage to development using our REST APIs. Read the full research paper (PDF) via the link below.

PDF Link: Distributed ledger technical Research at Central Bank of Brazil