đŁđ° BRAZILIAN BOMB â DREX WILL ABANDON BLOCKCHAIN â
âĄď¸ BREAKING NEWS : ĚĚâ The Central Bank of Brazil revealed during Blockchain Rio that Drex will be launched without using blockchain in its next phase â
đĽ WHAT CHANGED â
BEFORE Âť DREX with blockchain (Hyperledger Besu + Ethereum /
$ETH / )
NOW Âť Simpler version without tokenization for 2026
đ° IMPACT ON THE CRYPTO MARKET
đ FOR THOSE WHO BET
⢠Brazilian DLT projects may suffer
⢠Tokenization expectations delayed
⢠Less institutional blockchain adoption
đ OPPORTUNITIES
⢠Focus on resolving asset reconciliation as credit collateral
⢠Possible integration with existing PIX
⢠Future return to a more mature blockchain
đŻ WHY THE CHANGE ?
Technical obstacles, especially related to privacy, made the original plan unfeasible. The Central Bank tested 6 different tools, but NONE met the requirements đą
đ STRATEGY SPLIT
PHASE 1 (2026): Quick delivery without blockchain
PHASE 2: Development of more complex solutions based on decentralized technologies
đ MY ANALYSIS
This could be a SMART move by the Central Bank. Better to deliver something functional now than to promise blockchain and not deliver.
PIX started simple and evolved Âť DREX can follow the same path đ
POSITIVE POINTS
â
Technical realism
â
Guaranteed delivery in 2026
â
Gradual evolution like PIX
NEGATIVE POINTS
â Setback in DLT adoption
â Disappointment for the crypto market
â Brazil loses leadership in blockchain CBDC
đŽ đŁ FORECAST OF
Leandro Fumao âĄď¸
The market may react negatively in the short term, but this could be the foundation for a more solid DREX in the future. Even without blockchain in this initial phase, developers remain committed to the idea of digitizing the financial system.
#drex #Bancocentral #brasil #brasileiros #PIX