Chainlink Partners with Microsoft and Banco Inter for Brazilian CBDC Phase 2
SECRET TAKEAWAYS
Chainlink, Microsoft, and Banco Inter goal to boost Drex's trade financing abilities utilizing blockchain interoperability.
The effort shows utilizing Chainlink's CCIP to link Drex's blockchain with worldwide monetary systems.
Tokenized properties like the eBoL will drive automation, enhancing supply chain openness and deal performance.
On Tuesday, Chainlink partnered with Microsoft and 7COMm to produce a trade financing service for the 2nd stage of Drex, Brazil's reserve bank digital currency (CBDC).
This partnership consists of Brazilian business like Banco Inter, among the nation's leading digital banks, which added to the very first stage of Drex by tokenizing public financial obligation securities.
Chainlink utilizes its blockchain ora...