Real Digital: Central Bank creates new Brazilian digital currency

Technology is capable of modernizing any type of service, especially when it comes to financial transactions. After PIX, Real Digital is the new promise of modernization from the Brazilian virtual currency. We've gathered valuable information and tips for you to learn more about creation.

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Learn all about Real Digital, Brazil's new digital currency

The much talked about Real Digital will be implemented from a virtual wallet, so don't miss this opportunity and get to know the freshest details about this news.

  • What does Real Digital mean?

This is the name given to the new Brazilian virtual currency that will have the objective of modernizing and making financial transactions safer. This technology will allow several types of operations to be carried out from a virtual environment. That is, it will be possible to make payments, purchases and even investments without the need to use physical money. Everything can be done by in the virtual context.

  • Understand the difference between the current currency of Brazil and the Digital Real

The main difference is that this new model seeks to keep up with the global evolution of the financial world, thus enabling an update and implementation of new services.

There is also another difference, but regarding the liability of the coin. In the current model, each financial institution is responsible for the money deposited in its bank, while the Central Bank will be responsible for the use of digital currency.

Finally, the forecast is that Real Digital should meet part of the consumer's needs, facilitating their daily lives and offering lower costs in relation to bank demands.

  • Find out how it will be implemented

The first stage of implementation will take place to carry out financial transactions and investments. With this, the use will still be limited, so it will not be available to the entire population.

However, it is expected that this technology will become popular among Brazilians, in view of the success that the PIX has caused in the country's market. Despite being a novelty for Brazil, other countries already use this mentioned technology, which is why it is so important for you to stay tuned and follow this novelty.

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