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Edited by Sona59 at 25-12-2023 12:35 PM
At this stage, supply chain management is a focal point for many blockchain projects. Amoêdo highlighted contamination issues in the Brazilian food and beverage industry, where the National Health Surveillance Agency (ANVISA) faced difficulties in tracing the sources of pollution. At such times, blockchain technology can efficiently address these problems, thereby saving funds and saving lives.
Amoêdo also believes that government institutions using blockchain can enhance the efficiency of document certification while increasing transparency in real estate registration and signature identification.
While many government agencies remain cautious about the interaction between digital currencies and fiat currencies, Amoêdo responded,
I don't believe they pose a threat to the traditional banking system. I see the advantages of providing consumers with another payment option.
Regarding the future of cryptocurrency exchanges in Brazil, Amoêdo thinks that the establishment of regulations will be crucial for security and certainty, allowing large investors to participate:
Most importantly is to ensure that this regulatory framework can bring more certainty to investors, companies, and even legislators. I think it's too early to tailor overly strict regulations for a nascent market.
When asked if Bitcoin could be declared a legal payment method in Brazil, he responded,
In terms of the definition of 'payment,' I have no doubt that Bitcoin can be understood as a legal payment method. If both parties wish to use Bitcoin to trade products, I don't think there are any legal obstacles in between. |
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