💣📰 BRAZILIAN BOMB ⋙ DREX WILL ABANDON BLOCKCHAIN ❗
⚡️ BREAKING NEWS : ̗̀➛ The Central Bank of Brazil revealed during Blockchain Rio that Drex will be launched without using blockchain in its next phase ❕
🔥 WHAT CHANGED ❓
BEFORE » DREX with blockchain (Hyperledger Besu + Ethereum /$ETH / )
NOW » Simpler version without tokenization for 2026
💰 IMPACT ON THE CRYPTO MARKET
📉 FOR THOSE WHO BET
➢ Brazilian DLT projects may suffer
➢ Tokenization expectations delayed
➢ Less institutional blockchain adoption
📈 OPPORTUNITIES
➢ Focus on resolving asset reconciliation as credit collateral
➢ Possible integration with existing PIX
➢ Future return to a more mature blockchain
🎯 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 😱
🚀 STRATEGY SPLIT
PHASE 1 (2026): Quick delivery without blockchain
PHASE 2: Development of more complex solutions based on decentralized technologies
💭 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 » DREX can follow the same path 📊
POSITIVE POINTS
✅ Technical realism
✅ Guaranteed delivery in 2026
✅ Gradual evolution like PIX
NEGATIVE POINTS
❌ Setback in DLT adoption
❌ Disappointment for the crypto market
❌ Brazil loses leadership in blockchain CBDC
🔮 📣 FORECAST OF Leandro Fumao ⚡︎
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.
