►
Description
É com imensa honra que apresentamos um evento com Aristides Andrade Cavalcante Neto. Com 25 anos de carreira dedicados à área de TI do Banco Central, Aristides se destaca como um dos principais especialistas no setor.
Formado em Ciência da Computação pela Universidade Federal do Ceará e com pós-graduação e mestrado pela Fundação Getúlio Vargas em Gestão Estratégica da Informação e Gestão Empresarial, sua trajetória é verdadeiramente notável. Atualmente à frente do Escritório de Segurança Cibernética e Inovações Tecnológicas do Banco Central, ele se empenha em impulsionar inovações tecnológicas e iniciativas de segurança cibernética no sistema financeiro brasileiro.
No evento, serão abordados aspectos técnicos da tecnologia Hyperledger Besu, a plataforma por trás do projeto do Real Digital, da criação da CBDC brasileira e do Real Tokenizado. Além disso, discutiremos os desafios enfrentados pelo projeto do Real Digital, como programabilidade, escalabilidade e privacidade das transações.
----
Hyperledger – Open Source Blockchain Technologies
Hyperledger is an open source community focused on developing a suite of stable frameworks, tools and libraries for enterprise-grade blockchain deployments.
It serves as a neutral home for various distributed ledger frameworks including Hyperledger Besu, Fabric, Sawtooth, Indy, as well as tools like Hyperledger Avalon, Cactus and libraries like Hyperledger Aries, Ursa. Learn more about Hyperledger projects: https://www.hyperledger.org/use
Discord: https://discord.gg/rVCn4j7UFd
Case Studies: https://www.hyperledger.org/learn/case-studies
Training & Certification: https://www.hyperledger.org/learn/training
Tutorials: https://www.hyperledger.org/use/tutorials
Webinars: https://www.hyperledger.org/learn/webinars
Events: https://www.hyperledger.org/events
Vendor Directory: https://www.hyperledger.org/use/vendor-directory
Subscribe to the Hyperledger Newsletter: https://www.hyperledger.org/newsletter
Follow-us on Twitter @Hyperledger
Learn about Hyperledger Membership: https://www.hyperledger.org/about/join
#Hyperledger #Blockchain
License
Creative Commons Attribution license (reuse allowed)
A
Well,
I
want
to
welcome
everyone
to
this
evening
and
to
our
meeting
here
of
the
Brazil
chapter
of
the
radio
foundation.
Today
is
a
very,
very
special
night.
We
are
very
happy
to
be
here
with
so
many
friends,
so
many
colleagues
who
are
studying
technology
blockchain
for
so
long
and
based
on
the
platform
of
platforms
and
solutions
that
have
this
idea
of
open
source
software
and
open
mind.
We
share
everything
we
have
here.
A
very
interesting
philosophy
of
free
software.
I
would
like
it.
A
I
promised
and
I
will
fulfill
the
promise
quickly
give
here
some
more
technical
information
for
us
to
proceed
with
the
presentation
of
our
special
guest.
He
says
he
is
from
the
Central
Bank
that
is
with
us
tonight.
We
are
here
representing
a
community.
We
are
all
volunteers
from
this
community
of
the
chapter
of
Brazil.
We
call
it
the
Chapter
of
Brazil
from
the
time
of
the
foundation
and
we
promoted
various
activities
to
disseminate
this
technology
to
help
people
enter
this
world
of
open
technologies
that
the
foundation
promotes
here
in
Brazil.
We
follow
the
same
philosophy.
A
A
Network
mechanisms
for
people
to
be
able
to
connect
and
exchange
in
their
experiences
on
various
channels
that
we
are
going
to
present
here
is
in
general.
We
have
many
developers
in
our
community
of
various
levels
of
several
areas
of
knowledge,
but
we
also
have
other
professionals.
We
have
economists,
we
have.
A
We
have
entrepreneurs,
lawyers
and
various
types
of
professionals
from
various
areas
of
knowledge.
So,
everyone
is
welcome.
Welcome.
Everyone
is
very
welcome,
regardless
of
the
area
of
knowledge
of
the
Training
area.
Regardless
of
the
level
of
knowledge
we
have
experts,
everyone
is
welcome.
The
idea
is
this
free
and
transparent
environment?
We
follow
the
principles
of
the
free
foundation
where
everything
is
open.
We
have
several
channels
I
wanted
to
travel
to
present
here
at
the
beginning
that
we
have
a
code
of
conduct
that
basically
boils
down
to
respect
and
welcome
for
all
Regardless
of
your
purpose.
A
Here
in
the
group,
right?
And,
we
are
present
in
several
social
networks,,
so
you
can
find
the
Brazilian
Chapter
community
on
Linkedin,
and
there
is
a
lot
of
movement.
We
have
a
list
of
us.
We
are
present
in
the
discord
on
Twitter
that
has
now
changed
its
name.
We
have
a
group
on
WhatsApp
and
you
can
find
it
on
the
internet.
We
have
a
channel
on
YouTube
that
I
share
later
here
in
the
chat
we
have
a
channel
of
YouTube
with
a
lot
of
material,
so.
A
C
Good
evening,
josélio
intending
to
be
extremely
brief,
I'm
Chief
scientist
here
at
the
blockchain
dam
I've
known
the
list
for
a
long
time,
right,
I'm,
lucky
I,
must
have
been
a
client
and
today
he's
already
a
partner
in
adventures,
as
I
always
say
the
stage
today
of
our
guest
so
quickly.
Moving
on
to
the
questions
to
first
question
just
to
open
the
night,
if
you
could
categorize
us,
taxonomically
Where
is
drex
if
he
is
the
Real
digital
wholesale.
C
D
I'm
making
provocative
because
the
pix
Actually,
what
is
the
pix
for
us,
the
pix
is
a
platform
is
a
retail
payment
system
and
many
times
our
currency,
that
is,
there
is
the
digital
Real
and
it
will
continue
to
be
our
digital.
Real
currency
is
a
real
digital
action
and
then
the
provocation
in
the
corner.
It
is
very
interesting
because
when
you
analyze
the
papers
of
central
banks
discussing
these
binary
definitions,
a
lot
is
it
wholesale
or
is
it
retail.
D
So
it
is
coming
with
the
very
binary
definitions
and
when
it
is
different
and
then
I
would
like
to
borrow
a
phrase
from
the
president
of
the
french
bank
who,
at
the
seminar
now
in
March
of
this
year
at
Bas
at
the
closing
summit,
he
made
a
very
interesting
statement.
We
are
treating
this
issue
of
trading
and
retail
as
if
they
were
two
antagonistic
things
when
in
fact
they
they
are
complementary.
I
mean
with
that.
D
D
But
in
our
case
this
has
already
been
met
with
pics,
and
here
I
want
to
quickly
rescue
a
story
here
when
we
started
in
2017
2018,
there
is
a
paper
we
published
there
on
the
Central
Bank
website
in
2018
we
started
the
instant
discussion
in
the
lift
environment.
If
someone
pulls
you
there
in
the
first
edition
of
the
book
from
revista.com.br.
B
D
See
technical
reports
our
first
edition
of
lift,
but
we
did
proof
of
concept
of
instant
retail
payment
system
with
technology.
We
had
some
project
reports
and
we
observed
the
technology
for
this
specific
use
case.
It
had
many
limitations
so,
regardless
of
the
technology
that
is
using
the
population,
I
would
like
it
was
the
value
I
mean
the
value
of
the
user
experience
both
based
on
this
first
edition
of
the
garbage.
D
We
learned
a
lot
and
we
decided
not
to
use
dlt
not
to
use
retail
payments
technology
and
we
launched
the
pics
that
our
evaluation
was
a
success
mainly
for
promoting
the
financial
inclusion
of
50
million
brazilians
50
million
brazilians
were
able
to
carry
out
their
first
bank
transfer
thanks
to
pics.
Today,
Brazil
is
the
second
country
in
the
world
in
number
of
transactions
settled
in
real
time,.
Second,
only
to
india,
right?
D
report
of
the
past
India
was
close
to
90
million
90
million
real
time
care
transactions,
Brazil
30
billion
there
three
times
more,
of
course,
approximately
more
with
a
population
seven
times
greater
than
that
of
Brazil,
which
shows
in
terms
is
per
inhabitant,
a
great
adoption
of
pics,
and
when
we
started
to
look
at
the
cbdc
theme,
we
started
to
study
the
subject
that
people
are
seeing
CBC
ration
and
even
though
some
countries
were
looking
at
it
as
a
substitute
for
paper
money,.
You
are
not
our
case
and
the
we
started
that
this
technology
is
strong.
D
Where
does
it
really
deliver
value?
And
we
started
to
look
at
the
question
of
delivery
versus
perment
Smart
controls
That's?
What
this
dlt
technology
helps
mainly
with
these
more
operational
processes
of
intermediation
of
registration
of
exchange
of
values,
that
really
it
can
help
by
making
these
processes
more
efficient,
I.e.
we
begin
to
see
ourselves
as
worthy,
not
as
a
retail
payment
system,
but
to
build
a
platform
whereby
participants
in
regulated
directions
could
develop
new
models
of
queer-inspired
financial
services
in
the
environment.
It
defines
when
you
talk
about
the
environment,
you
define
with
regulators.
D
Usually
they
will
say
two
things
in
a
more
usual
way.
One.
We
have
several
concerns
about
regulatory
gaps,
governance
gaps
in
relation
to
the
defay
environment.
These
are
usually
the
ones
that
will
be,
but
at
the
same
time
they
say
the
technologies
used
in
the
environment
de
fais.
They
are
very
interesting.
D
It
can
bring
a
lot
of
innovation
for
being
a
finance
company,
so
looking
at
having
a
platform
not
for
retail
payment
systems,
but
the
platform
to
develop
new
business
models
so
that
we
can
achieve
these
new
models
with
this
novation
of
greater
accessibility
to
the
population.
Greater
financial
inclusion
for
other
financial
services
As
an
investment
credit-
is
that
the
central
bank
has
advanced
in
studies
and
Avatar
advancing
in
relation
to
this
platform.
So
when
someone
asks
what
drex
is
drex
for
me,
it
is
neither
a
wholesale
nor
a
currency.
Retail.
D
D
This
platform
for
the
development
of
new
financial
business
models,
for
example,
me
I
like
to
have
a
model
on
Live,
for
example,
of
accessibility
to
investments.
Those,
who
are
from
the
financial
world,
know
that
many
financial
assets
that
can
bring
greater
profitability,
through,
require,
for
example,
the
minimum
amount
due
to
registration
costs
and
others
like
that.
technology.
You
can
reach
this
asset.
You
can
use
fragmentation
techniques
that
already
exist
and
make
the
person
with
10
20
reais
able
to
buy
this
asset
and
have
other
forms
of
investment
in
their
day
to
day
life.
C
Did
not
disappoint
did
not
put
a
drop,
then
drags
is
the
platform.
Then
we
can
call
it
even
rename
there
to
caramel
and
cougar
the
real
coins
I'll
ask
Magno,
who
had
several
technical
questions
here
to
follow
up
with
his
questions.
He
was
very
excited
for
us
to
have
Magno
here.
Do
it
sometimes
from
the
house?
Please.
E
Beauty,
thank
you
correctly.
Good
night,
everyone
good
night
Aristides,
very
welcome
to
another
powder
here
from
repeleadshop
in
Brazil
right,
This
Live
is
being
broadcast
on
YouTube
you
there
who
are
watching
this
Live
later
you
can
access
our
history
of
lives
there
on
YouTube,
just
search
for
Hype,
LED
foundation
or
__
]
Brasil
talks.
You
will
find
historical
lives.
There
is
Aristides,
taking
advantage
of
the
fact
that
you
mentioned
that
drax
is
a
platform,
see
an
inevitable
question.
Is
it
a
platform
as
a
service
or
a
software?
E
D
'll
start
with
the
second
question,
and
then
I
forgot
the
first
one
you
remind
me,
Tá
Mari
that
sometimes
with
Maju
I
usually
ask
forget
it.
Well,
then,
when
we
started
to
look
no,
this
is
our
purpose:
to
build
a
new
model
of
a
platform
for
the
development
of
financial
models
and
what
we
observed,
which
was
within
the
technologies
where
there
was
a
greater
community
that
these
new
ones
were
being
developed
models
Precisely
in
the
ethereal
community.
I'll
put
it
like
this.
D
And
so
on,,
but
mainly
for
reasons
of
having
a
network
of
the
Brazilian
financial
system
with
governance
that,
at
that
moment,
will
be
under
the
leadership
of
the
Central
Bank
of
a
licensed
network,
beso
seemed
to
us
the
best
dlt
platform
to
be
adopted
to
support
drex,
right?
the
base
of
Drake
in
this
construction
Precisely.
For
that
reason,
and
the
first
question
to
know
that
forgetting.
E
D
Actually,
it's
actually
a
platform
that
intends
to
support
other
business
models.
So
what
do
I
mean
by
that
who
I
noticed
your
very
interesting
article
from
the
Boston
Fed
about
explaining
the
defay
environment,
the
Fire
environment,
the
environment
has
layers
So,
you
have
a
layer
of
taking
care
of
the
currency
bed.
Settlement
has
a
layer
of
protocols.
Has
a
layer
of
services
has
an
aggregation
layer.
The
idea
is
that
this
is
a
basic
fashion
platform
allowing
for
the
future
and
the
private
sector.
Build
protocols,
build
services
that
will
be
offered
to
the
population.
D
Equational
to
try
to
overcome
the
challenge
of
some
technological
issues,
but
the
idea
of
the
future
is
that
they
can
support
models.
That
is,,
you
are
private,,
you
can
build
service,
protocols,
issue
new
assets
within
this
tokenized
economy,,
but
having
as
a
base
mass
this
settlement
layer
and
these
basic
protocols
will
be
in
brexit.
E
And
then,,
taking
advantage
of
the
fact
that
you
raised
the
ball,.
So
if
there
is
a
financial,
sector,,
banks,,
etc.
what
will
be
the
governance
model
adopted
by
this
blockchain
network,
how
will
its
governance
be
love,
decentralized,
governance?
How
do
we
work
in
dlts
or
will
be
semi-centralized
at.
D
The
moment,
the
governance
you
are
centralized
in
the
central
bank
at
this
moment
of
the
pilot
right,
the
central
bank,
how
to
provide
in
this
expensive
network
with
the
participants,
their
financial
relations,
but
the
governance
and
just
like
Pixel.
We
have
payment
of
the
regulation
of
the
Central,
Bank
But,
of
course,
eventually
in
the
future,
as
we
learn
and
it's
natural
that
we
're
starting
the
journey,
it
doesn't
end
here
right
when
eventually
When.
We
have
that
there
it's
no
use
at
all
it
starts
here.
E
D
Be
proof
of
work,,
it
won't
be
a
proof
of
work
and,
of
course,
at
this
moment
what
we
we
are
thinking
from
a
starting
point
based
on
proof
of
authority,
right,
because
the
central
bank
will
have
an
infrastructure
of
SELIC
public
bonds
as
issuer,
because
they
are
the
authority
to
be
able
to
enforce
this
network.
And,
of
course
it
is
as
we
review
it
that
we
go
on
on
this
journey.
We
can
see
other
mechanisms
of
awareness,
but
the
starting
point
will
be
the
proof
of
authority.
D
And
then,
in
fact,,
not
at
this
moment
that
our
regulatory
perimeter
that
will
be
participating
in
this
network
will
be
regulated
by
the
central
bank,.
So
that
way
the
participant's
Financial
satisfaction
in
case
it
is
the
third
party,
not
what
is
our
vision
of
the
future,
right?
and
here
I
like
it,
we
have
some
challenges
to
overcome.
Technological
challenges
are
extremely
relevant
to
the
financial
system.
D
First-
and
it
is
my
challenge-
is
called
privacy.
This
is
the
first
Great
Challenge
in
any
LT
platform
that
you
observe
today,
however
much
it
is
sometimes
interesting,
I
participate
in
some
forums,
and
sometimes
you
see
no
one.
Central
Bank
is
like
that,
but
then
I
ask
Ok,
but
how
did
you
address
privacy
to
adhere
to
your
country's
legislation?
Privacy?
No,
this
is
an
issue
that
we
do
not.
You
saw
that
it
is
to
see
later
that
it
is
to
see
for
the
future,
but
in
the
future.
D
But
in
our
case
this
type
of
technology
is
not
something
for
us
to
start.
Seeing
now,
that
is,.
However
much
we
are
seeing
a
Hype
I
usually
say
that
we
will
have
to
it's
going
through
the
valley
of
disillusionment.
Now,
that's
it
facing
all
the
technical
restrictions
on
privacy
and
trying
to
overcome
them,
trying
to
say
so
to
find
the
light
at
the
end
of
the
tunnel
right.
Where
do
we
start
to
rain
this
light
at
the
end
of
the
tunnel
that
the
question
when
you
see
any
technological
curve
past
privacy,
Let's
wait
now?
D
The
second
challenge
is
called
scalability
is
to
think
that
it
is
how
we
can
give
the
necessary
transaction
volumes
to
support
different
types
of
financial
theme
So
after
privacy,.
How
do
we
address
scalability
and
the
third
challenge,
which
is
the
interoperability
challenge?
What
I
call
this
challenge
I
do
not
believe
that
there
will
only
be
one
blockchain
network
for
everyone
for
the
entire
Brazilian
economy.
We
can
have,
for
example,
another
blockchain
network,
another
dlt
network,
as
they
were
call
for
other
types
of
assets.
D
For
example,
Who
saw
the
Live,
for
example,
I
spoke
of
vehicles,
so
in
the
vehicles
of
cars
you
will
be
able
to
see
in
the
future,
for
example,
by
a
governmental
initiative.
A
network
is
of
the
Detrans,
for
example,
spread
across
the
countries
with
dealerships
in
front
of
rio
grande
mistery.
It's
how
I'm
going
to
have
the
standard
of
having
operability
between
this
network
of
vehicles
with
the
settlement
network
that
Drake's
network,
so
that
I
can
do
the
dvps
of
the
car
and
the
coin
doing
more
atomic
processes.
D
Eventually,
for
example,
I
can
have
the
same
network,
one
another
network,
for
example
in
the
future
for
real
estate,
for
example
these
cards
for
the
issue
of
real
estate
to
carry
out
this
dvp
process.
The
important
thing
is
that,
within
this
asset,
there
are
more
non-
financial
assets
that
will
have
their
own
governance
in
the
future.
I
will
be
able
to
establish
the
single
standard
of
interoperability
between
these
different
networks
and
Drake's
network.
E
Thanks
one
more
along
these
lines,
you
started
talking
about
privacy.
There
is
a
curiosity
here,
which
is
the
encryption
keys
that
will
give
access
to
transact
on
drex's
network.
They
will
be
in
whose
hand,
or
shall
we
say
so?
What
is
the
granting
hierarchy
of
these
Keys?
That
authorizes
a
certain
institution
to
transact
on
the
network
in
the
future?
This
can
even
reach
the
level
of
the
common
user
of
the
lay
person
who
does
not
know
anything
about
technology
will
only
use
a
digital
wallet,
for
example,.
D
How
is
the
hierarchy
of
this
process
right,
the
central
bank?
It
creates
the
first
wallet
of
the
station.
Batista
question
connects
to
the
network
in
the
dlt
network.
It
creates
the
wallet
of
one
instances
are
entering
the
network
Ok.
The
central
bank
goes
there
in
the
process.
If
it
creates
the
wallet
they
are
there,
it
She
shares,.
D
She
can
create
other
portfolios
and
she
is
the
one
who
will
be
responsible
for
creating
her
clients'
portfolios
and
managing
the
keys
of
her
clients,
because
an
interesting
aspect
that
we
have
to
be
very
concerned
about
is
that
with
this
model,
it
changes
and
the
we
want
to
provide
the
best
user.
Experience,
people
like
that
on
a
day-to-
day
basis
would
hardly
have
good
experience
being
Chaves
themselves
Because.
In
addition
to
issues
of
good
user
experience,,
we
have
to
ensure
that
some
regulatory
processes
are
within
this
network.
D
D
Applications
through
which
customers
will
interact
with
their
portfolios,
not
only
to
make
business
investments
but
like
other
financial
services,
credit
processes,
such
as
credit
issues.
Many
people
think
that
my
credit
will
pass.
Can
one
of
the
components,
for
example,
I
like
this
other
example
of
credit,
for
the
components
of
buildings.
Banking
has
several
components,
but
one
of
them
is
the
difficulty,
for
example,
of
you
redeeming
some
guarantee
who
knows
the
world
of
defay.
For
example,
have
you
seen
collateralized
loans?
D
What
are
collateralized
loans
loan
that
you
give
Any
assets
as
collateral,
then,
for
example,
I'm,
a
customer
of
institution
a
but
the
credit
rate.
It's
offering
me
is
pleasing
and
a
pattern
like
that
is
attractive.
If,
you
give
me
X
percent
loan.
How
can
I
guarantee
an
asset
I'm
organized
that
you
already
bought
it
Oops
then
I'll.
Take
it
this
loan,,
the
investment
stays
with
me,.
It
doesn't
leave
my
portfolio
and
I'm
going
to
receive
this
loan
because
it
stays
in
my
portfolio
and
it's
stuck.
last
payment.
D
It
is
released
automatically
so
that
I
can
use
this
investment
as
well.
I
would
like
these
examples
of
collation,
because
I
am
quoting
here
already
exists
in
the
defay
world
and
you
can
try
to
adapt
the
regulation,
for
example,
so
that
you
can
try
models
to
make
the
credit
more
accessible
and
population.
E
Thank
you
Aristides
I
will
now
ask
a
little
question
here
that
the
group
asked
in
the
group
chat.
The
question
is
from
Ricardo
is
about
the
new
entrants
who
offer
financial
services
on
the
network
today,
according
to
him,
says
right.
If
we
went
to
create
Security
tokens
to
cvm
does
not
allow
But.
There
is
a
Rule
for
Cloud
funding
via
cvm
to
launch
these
assets
in
the
traditional
way.
D
Yes,,
look
at
all
this
discussion
that
still
has
around
the
Drake
on
this
platform,.
We
have
periodic
meetings
with
cvm,
right
about
the
project,
about
what
we
want
to
observe,
which
way
be
the
vision
of
the
future
of
these
assets,
because
it
is
starting
today
with
an
asset
that
I
take
the
Federal
Public
updated
as
we
evolve
in
technologies
in
a
vision
of
the
future
that
it
shows
that
those
that
it
can
really
support
the
applications
of
the
financial
system,
of
course,
the
central
bank
and
cvm.
D
Let's
discuss
what
other
types
it
says
they
will
be
part
of
this
platform
who
will
issue
instructions?
What
will
be
the
rules?
How
customers
can
access
and
buy
these
different
types
of
assets
are
discussions
that
will
come
naturally,.
It
's,
not
something
that
will
be
answered
today,.
It's
pleasure
how
it's
going
to
be
like
this
or
how
it's
going
to
be
like
this,
but
it's
something
that
we're
talking
about
and
learning
along
this
journey
sharing
this
learning
to
want
to
know
exactly
how
we
you
can
take
it
one
step
at
a
time.
D
E
D
E
Some
difficulty,
you
will
find
it
already
difficult
to
find
developers
specialized
in
dlt
blockchain
technology
in
general,
even
more
so
in
the
case
of
the
repellent
within
the
Central
Bank
program
for
logically
adopting
the
platform
Is
there
any
front
to
be
able
to
help
guide
or
Sponsor,
let's
say
the
training
of
people.
It
is
in
the
Brazilian
market,
either
directly,
because
it
will
move
a
lot
of
people
and
a
lot
of
developers.
It
will
be
necessary
to
be
able
to
work
both
in
the
financial
market
and
in
other
companies.
E
This
is
a
big
concern
because
we
can
have
a
GAP
of
people,
so
the
barrier
will
be
new
developers
to
be
able
to
code
and
work.
So
what
is
your
thinking?
What
is
your
approach.
What
is
the
challenge
you
are
seeing
in
this
scenario
in
terms
of
people
directed
to
the
technical
public
there
who
work
in
the
Technology
area.
D
So,
consequently,
With
all
the
regulated
instructions
that
that
we
talked
about
throughout
this
journey.
Here,.
All
of
them
showed
this
concern
of
the
Training
GAP,
right
about
having
qualified
people,,
mainly
that
maybe,
after
the
pandemic,,
you
will
be
in
dispute
mainly
with
remote
work
positions
competing
with
foreign
companies
that
are
after
professionals
for
the
same.
D
There
were
classes
on
solidarity
for
students
to
develop
and
learn,
and
what
we
always
say
is
we
are
trying
to
do
this
part,
but
it
is
not
the
central
bank
that
will
be
able
to
receive
by
itself
then
regulated
institutions
And.
Then
we
have
banks
that
are
regular
throughout
the
country.
We
always
give
that
day,
which
the
university
looks
for
has
to
establish
its
partnership
projects,
not
only
development,
but
that
these
partnerships
with
the
University,
help
you
to
develop
these
business
models.
That
I
think
is
something
that
everyone
will
benefit
from
the
moment.
D
This
workforce
is
not
something
that
we
will
have
a
magic
solution,
Here
today,
not
even
2023
until
the
complete
solution,
but
it
is
something
that
has
to
start
as
soon
as
possible
and
mainly
that
the
companies
And
there
are
the
signals
from
the
Central
Bank
of
the
directions.
For
that
we
are
going
to
do
this.
Look
at
the
Universities
Establish
partnerships.
Let's
invest
in
this
workforce
to
prepare
for
the
financial
system
of
tomorrow.
It
can
come
quickly.
E
D
To
pixi
see,
Our
currency
is,
and
will
continue
to
be.
Real
digital
is
the
platform
so
many
times,
and
then
I
usually
say
that
when
he's
interacting
with
technology,
you
will
have
your
institution's
app.
You
put
it
there
then
and
many
times
within
free
fire
really
from
the
press.
The
bank
is
not
saying,
but
the
combination
of
this
comperfire
ecosystem
can
allow
the
institution
it
offers
is
for
you
to
interact
with
different
types
of
different
financial
services
institutions.
D
Consequently,
you
will
send
money
to
get
the
loan
buy.
One
of
the
public
bond
buy
a
piece
of
the
CDB
interacting
there
with
your
application
and
that
behind
it
will
be
sending
a
pics.
The
draxt
will
be
interacting
So.
You
will
use
these
infrastructures
in
a
way
transparent
to
the
user.
So
say
like
this,
you
will
not
pay
with
André
will
always
be
in
the
transactions
being
paid
in
Brazilian,
Reais
fiduciary
currency.
What
will
happen?
What
training?
D
What
platform
will
you
be
the
pix
platform,
this
Drake
platform
is
where
yours
institution
will
use
these
tools
to
build
service
for
you,
but
this
will
be
something
transparent
for
you.
We
hope
it
will
be
something
transparent,
intuitive
for
people.
Sometimes
people
in
this
internet
world
have
different
types
of
protocols.
Protocols
of
this
htps
series
you
never
deciding
which
protocol
you
want
to
use.
You
will
choose
tools
and
go
according
to
this
better
interactivity
and
behind
that
these
providers
of
luck
tools
will
choose
for
you
in
an
analogous
way.
E
E
D
Go
there,
there
are
moments
right,
At,
the
time
of
the
pilot
for
this
use
case
of
the
public
security
dvp
with
the
digital
Real.
The
contracts
are
being
provided
by
the
central
bank.
Central
Bank
is
placing
the
contracts,
of
course,
the
From.
The
moment
we
talk,
learning
from
this
process,,
we
will
have
to
think
and
structure
governance
and
to
establish
rules
and
processes
by
which
regulated
instructions
will
be
able
to
create
their
own
protocols,
that
is,
their
own
Smart
Accounts.
To
create
this
type
of
models
of
business.
D
Within
the
network
to
create
these
types
of
services
And,
then
Of
course
there
are
issues
that
we
will
have
to
discuss
about
copyright
with
punishability
responsibilities.
All
these
issues
will
be
discussed
and
debated,
but
it
is
not
something
that
we
have
already
defined
so
just
to
make
it
clear
it's
something
for
the
future,
but
it's
not
defined
now.
B
E
B
B
D
Be
brought
to
justice.
This
has
to
be
allowed
both
traditional
and
current,
on
the
pic
in
the
SPB
and
as
well
as
nutrect.
No,
it
is
not
possible
to
think
of
any
payment
platform
that
is
beyond
the
reach
of
the
Judiciary,
and
then
people
will
be
able
to
do
it
with
physics,
and
me
I
always
like
to
point
out.
Maybe
you
can
help
me
better
with
this
question
than
I
can
myself,
right
that
the
constitution
itself
Veda
Confiscation.
B
Perfect
perfect
now
me
I'm
going
to
give
Seara
a
little
bit
here,.
So
it's
from
João,
Carvalho's,
question,,
right?
When
is
the
first
test
operation
of
the
Drake
pilot
being
scheduled,
and
what
are
the
safety
criteria
for
including
the
solutions
proposed
by
the
companies
chosen
in
the
lift
and
connection
program?
with
systems.
D
D
There
is
no
established
date
for
us
to
cut
the
tape
of
the
first
transaction.
We
are
placing
the
institutions
within
the
network.
They
are
regulated,
the
one
of
you,
participants
are
being
incorporated
into
the
network
from
then
on
with
the
protocols
already
available,
Institutions
have
to
test
the
pros,
that
is,
transform
the
reserve
into
a
digital
real
in
their
portfolios.
From
the
moment,
the
federal
public
bonds
are
issued,.
They
have
to
carry
out
this
process
of
delivery
versus
premiums
So.
D
The
second
moment
of
this
pilot
is
when
we
are
going
to
test,
and
this
process
here
is
extremely
relevant
to
test
the
privacy
solutions,
and
here
I
want
this
point
to
be
ok
See.
This
is
a
technology
that
has
a
great
challenge,
even
though
it
calls
privacy
adhering
to
the
bank
secrecy
rule
adhering
to
the
general
data
protection
law.
So
this
is
the
issue
that
we
have
to
wait
for
technologically,
because
it
is
a
principle
of
technologies
must
have.
Is
the
following:
Look
at
the
beginning
of
it,?
D
There
is
no
trust
instruction,
so
all
the
transactions
that
occur
They
have
to
be
visible
to
others,
so
that
others
can
say
if
it
is
correct,
vote
enters
the
process
and
it
is
approved.
This
cannot
happen
in
the
financial
system
regulated,
that
is,,
if
I
send
only
Adriana
and
I,.
We
have
to
know
about
this,.
No
one
else
who
is
here
watching
us
can
see
this
transaction,.
Even
if
I
have
a
thousand
reais
in
my
account,
for
example,,
if
I
transfer
100
to
Adriana,
Adriano
cannot
know
that
I
have
a
thousand,.
D
Big
challenge
I
always
put
the
international
forums
when
people
put
it
not
so
thinking
about
it.
Man,
if
you
really
want
to
think
you
must
have
as
the
platform
How
the
technology
effectively
for
something
and
production
in
the
financial
system,
any
regulated
financial
system
in
the
world.
You
have
to
think
about
How,
overcoming
this
privacy
challenge.
D
While
you
do
not
overcome
this
privacy,
life
Forget
it,
she
will
not
be
with
her
father
with
no
regulatory
end
no
jurisdiction-
and
this
is
our
challenge
here-
to
try
to
explore
these
new
technologies
that
are
emerging,
that
bring
tries
to
incorporate
privacy
and
came
with
the
we
can
use
them
to
address
stylize.
The.
B
D
D
We
will
have
The
regulated
institutions
and
the
regulated
lessons
will
be
responsible
for
creating
portfolios
for
their
customers.
The
principle
established
in
the
pilot
is
the
farnet
principle,
that
is,
the
portfolio
of
each
customer
has
to
be
aggregated,
right,
each
customer
has
their
portfolio.
However
much
it
is
ingested
by
the
institution
of
which
he
is
a
client,
but
it
is
segregated
so
that
he
can
carry
out
his
transactions
that
have
a
segregation
of
his
assets.
A
No
problem
no
problem.
Thank
you
very
much
Adriana.
We
have
it
here
in
our
at
our
meeting
here
on
our
Live
several
people
from
the
academic
sector,
several
researchers,
several
professors
who
have
been
researching,
have
been
preparing
a
paper
without
elaborating
knowledge
trails.
We
would
like
to
hear
from
you
how
the
academic
community
could
collaborate
in
this
process
of
voting
for
the
Real
digital
of
drags
and
in
this
whole
system.
How
could
we
collaborate.
E
A
question
here
was
also
asked:
Here
is
where
people
can
find
both
technical
information.
From
the
point
of
view
of
software
implementation
and,
for
example,
that
scenario
that
I
mentioned
the
self-taught
developer,
who
works
is
wanting
to
change,
work,
company,,
etc.
or
even
an
undergraduate
student
who
wants
to
develop
a
personal
project.
B
E
And
search
for
information
about
the
drags
software
development
ecosystem,,
usually
in
the
number
of
offending
communities,
right?
We
search
there
on
github,
right?,
see
that
drex
question
is
also
on
github.
Researchers
will
be
able
to
get
information
about
drags.
The
development
platform
for
drex
noguete
Rubi
I'm,
just
trying
to
promote
here
to
check
if
there's
anything
there
in
the
hand
of
the
Central
Bank.
D
In
addition
to
the
Central
Bank
page
with
information
from
Drake,
there
is
a
github
that
it
was
announced
that
there
is
a
gifthup
there
from
the
platform
right
from
Real
digital
I.
Don't
remember
the
exact
link
right
now,
but
you
accessing
the
Central
Bank
page.
There
is
a
link
there
to
the
github
and
in
that
part
of
the
bank
it
has
general
information
of
these
flows.
That
I
explained
What
are
the
flows.
What
is
the
target
schedule.
The
project
information
going
back
to
the
academic
point,
I
believe
the
following.
D
We
have
to
start
testing
solutions
there.
You
still
see
problems
of
some
bugs
that
you
are
interacting
with
some
of
these
develop
open
platforms
and
see
how
they
really
behave
mainly
thinking
about
these
use
cases,
Someone
already
said,
but
I
can
even
us.
I
I
can
even
send
a
real
from
my
OLX
wallet
to
Mário,,
but
I'm,
not
thinking
of
sending
a
real
from
my
wallet
to
Magno.
D
I'm
thinking
about
the
dvp.,
with
Privacy,
with
the
security
of
the
other
participants
in
the
network,
and
that
from
the
moment
you
think
about
these
flow
of
use
cases.
You
start
to
see
some
limitations
of
the
technologies,
for
example,
called
Zero
Nine
So.
You
have
to
join
this
Challenge
in
privacy
and
a
If.
You
are
interested
here,.
Let's
see
the
second
one,.
How
based
on
these
technologies
that
we
know
that
at
some
point
in
the
initial
period
there
may
be
many
scalability
restrictions,.
How
do
we
advance
in
research
to
leverage
the
scalability
of
these
transactions?
D
The?
Second
stage,,
the
third
of
having
the
probability
So.
There
are
several
technological
things
that
I'm
talking
about
here,
that
it
does
not
have
a
definition
in
terms
of
the
market
of
recommended
use
as
a
broad
standard
of
use
that
we
will
need
to
research
to
overcome
this
challenge
at
each
step
and
face
the
next
And.
Then
I
I
believe
that
more
academics
will
be
able
to
help
a
lot
in
the
advancement
of
the
maturation
of
these
protocols.
Of
this
technology,.
E
D
To
maintain
who
has
a
traditional
asset
has
to
know
a
protocol
by
which
they
can
organize
the
life
cycle
that
is
compatible
is
reflected
here
in
this
other
system.
Man,
let's
remove
this
technological
difficulty
at
the
moment.
Let's
think
about
this
pilot
moment
of
what
is
born
tokenized
So.
What
will
be
being
issued
will
be
public
bonds
that
have
already
been
born
in
a
formalized
way.
There
will
be
no
compatibility
with
delegated
systems
at
this
point.
E
Thank
you
just
to
take
the
opportunity
to
let
everyone
here
know
that
our
honorable
president
foundation,
she
is
listening
to
us
participating
in
the
meeting.
She
has
even
made
some
posts
over
there
in
our
chat,
Daniela
Barbosa
right.
So,
if
you
check
it
out
in
the
chat
she
made
a
post,
including
about
the
evolution
of
the
platform
itself,
is
included
in
the
mission
there
to
develop
each
medium
more
quickly,
José.
He
wants
to
comment
something
in
that
sense.
A
A
She's,
an
incredible
person
she's
doing
excellent
work
in
front
of
the
leadership
of
the
foundation
referent
worldwide,
and
it's
quite
busy
So.
We
don't
want
to
sue
her,
but
I.
Thank
her
and
I'll.
Give
you
the
floor
back
how
come
we
have
a
lot
of
questions,
we're
not
managing
to
win.
That
organizing
allows.
D
D
A
Would
like
to
read
Daniela
posted
a
message
here
on
our
website.
She
is
in
transit
in
Toronto.
She
can't
skip
audio,
but
she
wants
to
thank
Brazil
for
leading
these
discussions,
so
the
forum
is
so
open
that
Foundation
supports
and
supports
us
freedom
right.
So
thank
you
very
much
to
the
regional
levels
of
the
chapters.
Thank
you
very
much
to
the
whole
community
and
thank
you
very
much.
Thank
you
very
much.
E
Is
you
for
him,
and
trying
to
share
here
is
each
one:
Aristides
gives
opportunities
there
both
for
academic
teaching
institutions
and
for
the
class
that
is
doing
a
doctoral
master's
degree
there
in
the
case
of
privacy.
What
are
the
current
challenges
there
that
you
think
there
are
great
opportunities
for
both
academia
and
private
companies
to.
D
That
is
the
more
that
I
am
buying
R$
100
of
titles
in
public
titles,
of
the
evil
of
Magno
or
Mário.
He
cannot
see
the
total
of
my
bank
account,
nor
can
I
see
the
total
amount
of
public
bonds.
He
has
in
his
investments,
and
everyone
else
in
the
network
cannot
see
anything.
So
these
are
examples
that
I
am
bringing
here
that
these
are
concrete
examples.
Everyone,
financial
that
we
have
to
reflect
in
the
world
is
from
this
world.
D
There
must
be
Aristides,
but
this
here
I
have
a
post
that
already
in
the
current
technology,
the
current
technology
is
well.
It
is
important
to
point
out
that
we
have
a
so-called
pseudo
anonymity
being
animated.
That
many
times
has
a
lot
of
portfolio
that
you
don't
identify
at
first,,
which
are
people,,
but
from
the
perspective
of
the
corporate,
you
think
about
these
spiritual
statistical
techniques,.
You
really
can
have
less
of
finding
out
who
the
customers
are
from
the
moment.
D
I
find
out
that
the
portfolio
one
two
three
four
belongs
to
Magno
I
can
see,
for
example,
a
lot
of
his
transaction
history.
What
I
cannot
see.
So
these
are
the
issues
that
we
need.
It
is
very
clear
today
that
they
are
concrete
and
real
issues,
and
here
I
want
to
cite
a
case,
a
case,
for
example,
having
a
project
being
done
by
BS
and
I,
don't
see
Center
in
Hong
Kong,
which
is
a
project
called
Orion
or
Aurora,
who
analyzes
the
forum?
D
You
will
see
that
it
has
a
structure
to
attack
retail,
creates
the
retail
postman
that
he
uses
this
technique
of
being
Anonymous
of
creating
new
wallets
for
each
transaction
precisely
to
try
to
enter
this
privacy
issue
a
little
bit,,
but
a
feedback
that
we
pass
on
to
them
to
analyze
the
chest,
but
wait
a
minute
for
the
statistics
technician.
So
you
can
end
up
finding
out
who
the
a
person's
wallet
starts
to
realize
that,
right,.
So
we
were
recently
asked,
we're
putting
it
at
the
time,.
A
paper
was
launched,
asking
these
questions,.
D
They
were
very
grateful
and
then
recently
I
found
out
that
they
are
already
thinking
about
version
2
of
the
gold
project,,
which
is
precisely
to
try
to
focus
very
similarly
to
ours,
that
is,
to
try
to
explore
these
new
privacy
technologies,,
because
they
also
understood
that
this
pseudonymous
technique
might
not
be
enough
to
address
all
the
regulatory
needs
that
are
related
to
the
banking
symbol
and
the
general
data
protection.
Law..
E
E
Central
bank,
the
implementation
of
the
Pixie
platform,
has
been
a
reference
logically,
a
dear
success
because
it
has
already
reached
the
end
user
and
the
pics
probably
has
an
average
performance
of
transactions
per
day
that
the
central
bank
monitors
I
believe
that
there
behind
the
pics
also
had
the
first
in
its
pilot
project,
implementation
of
performance
and
the
scale
of
its
performance
increase.
You
commented
that
one
of
the
Challenges
is
scalability.
D
Defined
This
is
drex's,
scalability
goal,
not
because
we
like
I,
said
because
the
Pixel
is
interesting,
Because
how
to
establish
a
target,
the
growth
rate
so
fast
that
gradually
we
had
to
increase
the
target
double
the
target.
So
these
were
questions
that
along
the
journey
we
had
to
do
over
these
years.
So
recently,
every
almost
every
month
in
recent
years
the
pics
have
been
breaking
records.
So
I
think
the
last
Rex
was
142
points,
something
like
millions
of
transactions.
On
the
last
day.
D
D
Is
where
this
challenge
comes?
In.
We
know
that
the
privacy
challenge
has
been
overcome.
If
we
manage
to
find
some
scalability
factor
that
can
support
the
initial
use
cases..
You
can
advance
in
this
second
stage,
but
we
know
that
even
in
the
second
stage,
we
will
have
to
have
a
continuous
investment
to
advance
even
further
in
scalability.
D
That's
why
I
link
there
when
you
ask
about
the
question
of
academic
research,
see
it's
not
because
you
there
will
be
a
solution
based
on
this
privacy
based
on
this
scalability
I
scare
you
by
putting
13
seconds
here,
for
example.
No,
but
that
way
we
can
talk
to
me,
but
we
will
have
to
have
a
research
process
continuously
advancing
for
two
months
and
so
on.
If
really,
the
platform
starts
to
be
adopted,
incorporated
by
the
financial
system
in
its
day-to-day
and
in
this
construction
of
new
innovative
business
models.
E
And
continuing
the
third
topic,
which
was
interruptability
I,
had
asked
a
question
related
to
making
a
conversion.
Let's
say,
of
a
public
security
that
is
in
real,
for
the
drex
platform
is
what
are
the
other
Challenges
in
terms
of
interoperability?
Do
you
see
this
as
interability?
Only
within
the
network
itself,
or,
let's
say
even
interoperability
with
other
networks
Even
at
an
international
level?
Do.
D
D
non-financial
assets
that
someone
not
only
cars
Real
estate
but,
for
example,
nfts
someone
start
composing
music
selling
videos,
so
on
that
these
networks,
with
their
own
governances,
have
to
establish
the
interability
mechanism
and,
of
course,
one
of
the
questions
that
is
always
being
put
on.
The
table
of
the
debate
of
regulators,
for
example,
within
the
scope
of
S,
is
the
interability
for
mainly
payment
transfers.
Once
I
have
a
network
with
this
technology,
other
countries
have
a
network
with
others.
D
B
D
To
explore
crossboard
models
is
allowed
from
the
moment
that
I
have
national
systems
of
fiduciary
currencies,
sovereign
currencies
in
a
technology
of
LT,
for
example,
in
the
case
of
some
projects,
and
even
explore
this
interability,
not
only
with
different
dlt
platforms
and
others,
even
with
other
forms
of
payment
systems.
Other
types
of
payment
systems
to
bring
this
probability.
E
In
this
line
of
interability,
we
had
a
question
here
that
came
from
YouTube,
right
from
Luiz
Felipe,.
If
the
project
has
the
possibility
of
using
second
layers,
I
think
they
are
second
layers
of
block
validation
or
something
like
that,.
It
is
second
layers
as
it
has
been
adopted
by
public
networks
or,
if
you
have
other
solutions
that
are
being
projected
there,
either
by
the
central
bank
or
by
banking,
consortiums,,
etc.
D
It
is
a
point
that
he
puts
the
laws
on
the
dlt,
and
this
is
an
approach
that
some
also
put
up
to
try
to
enter
a
little
bit
of
the
privacy
issue
with
more
capable
skill,
so
that
all
the
solutions
It
has
its
three
Ops,,
which
is
something
that
we
cannot
rule
out.
At,
the
moment,.
It
is
not
ruled
out,
but
it
is
not
on
the
roadmap
now,
think
about
these
other
layers
within
Drake's,
platform.
Do.
You.
A
I'm,
organizing
the
questions
and
passing
them
here,
together
with
Adriana
backstage
So
for
now
I,
don't
have
anything
I
wanted
to
take
advantage
of
this
break
that
you
made
in
the
questions
that
the
we
want
to.
Thank
you.
There
are
a
lot
of
people
here
participating.
We
can
see
the
president
of
institutions,
research,
university
readers,
professional
researchers,.
A
A
General,
because
all
the
world
is
important
right,
But
I
want
you
to
know
that
you
are
all
very
welcome.
You
are
being
recognized
here
and
I
also
wanted
to
make
an
apology
that
kurtney
right
our
shared
here.
He
is
also
participating
in
a
technology
event
and
Santa
Rita
do
Sapucaí
there
in
Minas,
Gerais
and
he's
in
a
place
with.
B
A
Camera
and
he's
not
even
able
to
speak
because
it's
chopping
up
a
lot
of
his
audio,
so
he
can't
speak.
He
asked
to
apologize
and
we
play
some
messages
here,
as
we
are
receiving
a
lot
of
questions.
Magno,
Adriana
I
think
we
will
compile
these
questions
later.
We
organize
it
and
put
our
FAQ
there
on
the
Wiki
of
the
Brazilian
chapter
of
Hyper
Ranger,
because
there
will
not.
B
A
E
Beauty,
it's
Aristides
recently
had
a
paper
published
if
I'm
not
mistaken
in
the
magazine.
Nature
about
the
The
question
is
about
Challenges
related
to
cryptography
in
the
post-canticle
world,,
mainly
in
botein
networks,.
There
are
challenges
related
to
the
comparison
of
S.A
encryption,
algorithms
and
elliptical
curves
to
the
size
of
the
keys.
If
the
resistance,
if
the
remainders
over
remainders
over
remainders,
have
resistance
in
relation
to
these
possible,
it's
post-quantum
cryptography
attacks
in
the
future.
How
is
the
forecast,
if
you
have
this?
How
is
this
part
of
cryptography?
E
That's
why
I
asked
you
back
there
related
to
key
management
right
if
there
is
a
related
project
to
the
algorithm
of
the
keys
to
the
size
of
the
keys?
How
is
this
part
of
the
drex
guarantee,
looking
at
from
here,
say
class
30
years,?
Let's
remember
that
we
already
have
the
Real
since
1994,
right,,
so
we
are
about
to
celebrate
another
anniversary
of
the
coin
from
the
real,
right
next
year,,
looking
forward
to
it,
right,
40
years
from
now,
due
to
the
development
of
technology.
E
D
D
D
But
what
do
you
mean
because
And
then
It
is
a
well-placed
concern?
It
is
mainly
related
to
the
attack
surface.
As
the
attack
surface
is.
It
is
susceptible
to
a
attack
with
things
in
our
case
on
dlt
or
block
networks.
They
are
open
networks,
that
is,
they
are
susceptible
today
to
have
a
wide
attack
surface.
You
can,
if
you
have
something
break
encryption,
break
key
encryption.
D
D
Channel
encryptions,
we
use
signature
photography,
all
of
them,
and
the
idea
that,
at
the
request
that
these
encryption
algorithms
evolve
within
the
principles
of
fragility
of
scalability,
we
gradually
evolve
these
payment
systems,
including
the
drex
platform
itself.
If
this
one
is
thinking
about
the
future
that
it
is
in
production,.
D
They
have
to
make
calls
to
bees
of
the
available
contracts
test.
The
flows
make
apis
calls.
It
is
not
necessarily
required
at
this
moment
that
the
participants
build
mobile
applications,
education
web
to
interact
with
the
important
abais
for
us
at
this
stage
here.
First,
these
execute
these
basic
flows,
still
this
layer
that
calls
this
layer
privacy
then,
from
the
moment
we
have
advanced
in
this
research
of
the
privacy
layers,.
Eventually
it
may
be
necessary,
we
have
to
put
more
than
one
Protest
from
its
participants,.
D
They
carry
out
these
protocols
and
evaluate
with
us
these
levels
of
maturity
reached
by
calling
the
birds
and
Squeeze
and
the
from
that
moment
on,
and
we
can
find
this
basic
architecture
that
toughens
this
privacy
problem.
Then
we
can
also
say
that
we
have
the
version
And.
Then
thinking
about
the
following
futures
of
the
Draft.
E
Is
not
with
a
system
of
how
the
pilot
was
organized,
right,
just
to
to
be
able
to
give
an
overview,
precisely
with
a
focus
on
the
software
developer?
Let's
assume
the
person
software
developer
at
that
moment.
Looking
for
a
job
job,
he
wants
to
look
for
one
of
those
companies
that
are
in
the
pilot.
He
wants
to
go
on
the
companies'
website
to
find
out
if
there
is
a
job
vacancy
is
to
present.
D
There
look:
we
are
16
groups
of
instructions
Clara.
We
always
asked
that
one
of
the
institutions,
the
leader
of
the
group,
was
a
regulated
institution.
Participation
of
the
financial
scene
network
But
each
institution
brought
their
own
consortium
course,
different
type
of
institutions,,
so
many
regulated
ones
and
some
Technology
partners,
right?.
D
Specific
link
put
the
institution
there
and
the
others
that
this
institution
recognized
as
participants
in
its
consortium,.
So
the
list
is
there,
for
example,
instruction,
that
was
leader
of
the
consortium
declared
I
am
participating
with
B
C
and
D
So.
They
were
placed
there
in
the
list
of
selected
And,
then
who's
looking
for
it.
I
'll
say
that
not
only
those
that
are
listed
there,
but
different
other
institutions
are
already
thinking
about.
The
patients
are
looking
for
developers
for
these
new
technologies,
not
only
in
the
Southeast
scare,
but
in
the
Midwest
North-East
of
the
North.
D
Cooperatives
we
have
crypto
market
institutions
that
were
regulated
like
payment,
fish
and
other
participants
and
MF
that
are
participants
that
brought
with
them
companies
traditional
technologies,
companies
and
Technologies
of
the
Brazil
companies
that
operate
in
this
market
of
specialized
dltes
from
the
Southeast
of
the
Northeast
and
some
other
technologies
from
outside
the
country.
I
am
saying
there
is
a
range
of
opportunities,
I
believe
that
there
sorry
that
I
am
not
familiar
with
where
the
vacancies
are,
but
certainly,
if
you
look
for
programmer
vacancies,
solid
technologies
related,
this
system
must
have.
D
You
will
observe
Many
vacancies
and
companies,
and
even
some
companies
have
already
come
to
universities
that
are
starting
to
give
courses
to
try
to
accelerate
this
training
process
in
the
Northeast
that
already
have
their
own
process
of
trying
courses
to
bring
the
Greater
capacity
for
your
employability.
Students
in
this
world
of
the
web,
3.
E
B
Who
knows?
Do
it
live
Aristides?
The
emotion
here
I
kicked,
the
plug.
I
ran
out
of
power,
but
I'm
back
now,
YouTube
is
taking
care
of
everything.
Everything
is
under
control,.
The
questions
are
under
control,
right,,
but
in
relation
to
the
Educational
issue,,
it's
out
of
the
question,
right
?
Here
in
Paraná
we
have
some
education,
fronts,,
some
bookies
and
some
situations
to
talk
about,
and
technology,
even
the
issue
of
education,.
B
But
you
said
there
are
a
lot
of
job
opportunities,
but
there
is
also
a
lot
of
need
for
learning,
right
in
this
market
and
also
in
the
area
of
law.
Itself,
right,.
We
have
studied
the
same
with
you,
right
The
issue
of
privacy
is
a
big
GAP
that
we
have
to
overcome
a
block
has,
right,.
All
this
expectation
and
all
this
is
a
collection
of
typified
legislations
versus
technology,.
The
right
is
not
enough
to
run
after
technology
with
the
speed
that
we
need,
right,.
B
So
today
we
are
adapting
and
working
together
on
this
sense
to
reduce
this
gray
area
that
we
live
in
in
this
situation
will
be
a
lot
of
law.
A
lot
of
situations
that
we
use
by
analogy
even
to
format
day
to
day
situations.
Well,
that
said,
I
officially
apologize
right
in
relation
to
my
carelessness.
I
have
a
question
here
in
relation
to
interoperability,
right
in
relation
to
the
World
issue,
right
in
relation
to
How.
They
are
seeing
the
digital
Real,
right
in
front
of
others.
If
other
central
banks
around
the
world
obeyed
this
connection.
D
That
I
like
to
emphasize
when
you
take
projects,
for
example,
$100
dollars,
Digital
Bahamas
and
the
year
of
China
in
Sweden,
are
looking
at
cbdc
as
a
retail
payment
purpose.
Of
course,
we
have
international
forces
that
we
participate
in
via
s
at
ufmi,
the
World
Bank
that
they
show.
The
purpose
has
the
bank
of
England.
It
has
a
possibility
that
is
not
based
on
dlt
within
this
focus
of
having
this
payment
and
when
that
is
it,.
B
D
Is
not
our
focus?
There
are
other
countries
and
Brazil
one
of
them.
With
this
focus.
No
our
focus
is
not
paying
has.
Retail
is
economy
is
organized
of
the
economy
to
build
new
financial
models.
Looking
at
that,
I'm,
not
defending
myself,
and
that's
something
that
has
really
caught
the
attention
of
other
pores
I,
don't
know
if
anyone
has
had
the
opportunity,
but
recently
the
IMF
itself,
I'm,
so
reporting
I
think
it's
been
a
month
or
two
I
I
think
highlighting
a
report
on
Brazil
that
their
sport
Brazil,
highlighting
precisely
this.
D
This
expression
is
hanged
by
the
Brazilian
cbedecer
and
there
and
there
I
like
it,
also
to
highlight,
for
example,
and
international
forums
that
Roberto
Carlos
participated
from.
Who
was
the
change
of
discussion?
We
are
going
to
say
no,.
We
may
even
know
about
this
traditional
retail
by
theoretical
definition,
and
we
can
use
the
organized
deposits
that
you
have
financial
relatives
with
banks
as
retail
access
to
this
infrastructure
to
have
these
mechanisms
so
much
so
that
recently
you
have
observed
some
bank
speeches
from
the
IAS
of
the
FBI
The
president
from
Cartense
has.
B
D
Started
to
put
in
his
speech
the
idea
of
the
deposit
created
as
this
means
of
retail
access
to
an
infrastructure
of
a
CBC,
so
starting
to
see
why
the
traditional
similarity
we
do
with
you
several
aspects,
let's
pass
this
on
retail,
raises
concerns
about
financial
intermediation
issues.
Central
Bank,
acting
in
the
retail
market,
which
is
not
the
focus
Central
Bank
does
not
want
to
operate
in
retail
Central
Bank
does
not
want
to
have
clients.
D
No,
it
is
the
purpose
of
the
central
bank
direct
relationship
with
the
customer.
It
is
not
that
means
platform,
so
consequently,
this
is
a
concern
that
many
have
in
other
countries.
They
began
to
see
that
this
arrangement
tell
me
this
risk
of
financial
intermediation
consequently
helps
to
foster
competition
in
the
market
Since.
It
is
the
central
bank
that
is
providing
a
neutral
infrastructure
from
the
point
of
view
of
competition,,
then,
in
this
approach
you
can
observe
that
some
of
these
international
organizations
started
to
bring
their
speeches,.
They
started
to
bring
their
visions,.
D
B
E
E
Of
the
dlt
concept,
and
one
of
the
characteristics
is
the
auditability
of
the
data
within
the
project.
How
is
this
issue
of
data
auditability
in
the
drex
network
in
the
drex
network?
How
is
it
that
only
the
central
bank
will
be
able
to
audit
the
banks?
Can
audit
a
third
party
that
audits
the
bank
will
be
able
to
audit
the
data
that
is
in
the
drex
network,
based
on
the
principle
that
it
is
a
network,
it
must
have
a
block.
This
is
my
last
question
Thank
you
all,
then
that's
it
José.
They
can
continue.
It's.
D
A
D
This
aspect
that
we
have
to
understand
that
are
principles
that
come
different,
whether
payments
and
that
we
will
really
have
to
bring
this
service
of
this
Centralized.
How
are
we
going
to
segregate
this
data
from
the
point
of
view
of
view
so
that,
for
example,
I?
Don't
have
data
from
the
transactions
of
Cancer
of
Cancer,
because
that
is
not
up
to
me.
So
let's
go
protected
and
not
even
the
aspect
of
stability
So.
These
are
aspects
that
are
studying
each
other
visualizing
each
other.
To
try
to
guarantee
this
level
of
segregation.
A
Josélia
us
we
have
one
last
question:
if
you'll
allow
me
Aristides
an
interesting
question
that
came
from
YouTube
We've
already
sold
out,
discord
has
already
sold
out
Practically
everything
here
on
the
zoom
site
people.
It
was
so
crazy.
I
want
to
apologize.
If
we
couldn't
answer
everyone
right
What,
if
sent
me
something,
please
send
it
to
me:
As
well,.
We
worked
hard
trying
with
some
volunteers
to
compile
the
questions
and
pass
them
on
to
Aristides
who
gave
a
master
class
But.
It
could
be
that
we
failed
At.
Some
point,
no
one
answered
so
I
apologize.
A
D
No
consortium,
the
specific
security
protocols,
protection
of
Keys
because
see
people
Our
focus-
is
precisely
to
remove
these
questions
at
the
moment,
because
the
great
challenge
we
have
I
like
to
stay
here
it
is
called
privacy.
It
is
the
great
technological
challenge
that
we
have
to
address.
At
the
moment
we
asked
the
participants
to
put
their
names,
put
their
wallets,
the
protection
of
the
keys.
We
will
not
discuss
now
at
some
point.
We
will
discuss
some
standard,
a
process
procedures
that
we
don't
have
to
follow
to
protect
the
key,.
D
D
The
real
financial
system,
if
it
works,
that
it
will
work
that
it
will
have
the
skills
if
it
does
not
guarantee
the
principles
of
bank
secrecy
and
protection
and
adhering
to
the
law
for
Geraldo
data
protection,
then
just
to
try
and
given
the
short
term
that
we
have
taking
all
these
aspects
of
the
moment
to
focus
on
this
one
once
established,
they
managed
to
overcome
this
challenge,.
We
hope
to
overcome
this
challenge.
Then
it
is
easier
for
us
to
define
the
other
processes
of
having
grace
on
the
platform.
As
this
management
process
of
Chaves.
E
D
E
A
A
Real
digital
pilot,
you
are
learning
a
lot.
We
have
some
initiatives.
Reality
is
supporting
this
afternoon.
I
had
a
conversation
with
Alfonso
who
is
from
Mexico
and
power
of
good
or
who
was
here
at
the
beginning
to
see
what
that
we
can
do
in
terms
of
disseminating
cooperation,
knowledge
So.
We
have
a
lot
going
on,
but
I
wanted
to
borrow
from
Clear
His
words
that
he
has
already
used
in
some
events
that
I,
together
with
Kurtney,.
He
said
that
he
is
a
A
lifelong
fan
of
the
professionals
of
the
Central
Bank
technicians.
A
Against
everything
and
against
everyone
are
there
raising
this
cbbc
flag
as
Pioneers
of
the
world?
We
had
a
very
large
demand
for
questions
there,
a
very
great
interest
in
this
Live
that
I
wanted
to
remind
you
that
it
is
being
recorded.
It
is
being
translated
on
YouTube
and
it
will
be
recorded
there.
A
So
I
usually
talk
to
colleagues,
the
volunteers
here
in
our
Brazil
Chapter
that
we
are
making
history
we
are
not
watching,
we
are
participating.
This
is
a
great
honor,
a
great
joy
and
you
and
Aristides.
We
are
seeing
your
work.
You
and
your
colleagues
at
the
Central
Bank
are
doing
an
incredible
job.
I
want
to
congratulate
you
and
if
there
is
one
valuable
thing
in
this
world
that
my
mother
taught
me,
it
is
our
time,
right,
your
time
he
doesn't
buy
time.
He
found
so
much
in
currency,,
money
and
values.
A
and
such
but
I
think
that
the
most
valuable
thing
in
people's
time
in
people's
lives
in
this
world
is
time
and
Aristides
brought
it
to
us
we're
here.
With
it's
been
over
an
hour
and
a
half
shared,,
you
can
imagine
how
busy
he
must
be
with
so
many
commitments,.
So
many
responsibilities-
and
he
came
here
in
a
serious
mood
and
spoke
super
excited
a
Magna
class.
We
learned
a
lot
then
Aristides
from
the
heart
Thank
you
very
much.
Thank
you
very
much.
I
also
want
to
thank
all
the
volunteers.
A
You
saw
some
present
here,
Magno,,
who
worked
a
lot,
I,
think
he
invited
me
to
Aristides,
Wagner
Adriana,.
They
organized
the
Live,,
but
we
have,
you
know,
dozens
of
volunteers
in
the
Brazil
chapter,
who
are
interacting
every
day,,
giving
suggestions,
making
jokes,
telling
their
stories.
experiences.
So
it's
a
very
healthy
community
invited
everyone
to
participate
and
I.
A
D
First
of
all,
I
would
like
to
thank
you
for
the
invitation,
just
for
an
opportunity
to
try
to
clarify
I
hope.
I
have
spaced
out
some
questions.
That,
right,
with
I
signed
sorry
for
the
housing
staff.
Eventually,
it
is
more
to
thank
for
these
opportunities.
Thank
you
also
for
your
words.
Josélias
on
behalf
of
the
employees
of
the
Central
Bank
I,
usually
always
say.
The
main
component
of
Innovation
is
not
any
specific
technology.
D
D
D
Is
financial
inclusion
is
greater
ease
for
the
population?
Is
well-being
of
the
population
about
This
aspect
And?
That's
what
this
day
by
day
focuses
on
this
and
like
this,
and
my
words
and
everything
that
what
we
do
is
looking
at
the
population,.
No
one
thinks
to
themselves,
nothing,,
not
that
everyone
who
is
here
is
always
all
of
us,,
regardless
of
the
function
of
managing,.
We
will
all
pass,,
but
it
is
important
that
the
transformations
and
changes
in
the
well-
being
of
the
population,
this
is
permanence..
Thank
you
very
much
to
everyone
who
was
here
man.