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While the Digital Real is backed by the real and will always be worth the same as the physical real. Its parity is 1 to 1, that is, if a person, for example, wants to issue 10 digital reais, he will need to deposit R$ 10 and the Central Bank guarantees that the issued digital reais will not lose value. From a security point of view, the currency has been developed in blockchain, which adds greater security by recording transactions in a decentralized manner.
What is the Real Digital Pilot? The Real Digital pilot is a collaborative and innovative project by the Central Bank, designed to test and develop DLT (Distributed
USA Phone Number List Ledger Technology) technology, specifically the platform, based on the Ethereum ecosystem. This environment will be used to carry out simulated transactions, such as issuance, negotiation, transfer and redemption, using fictitious customers.

The focus of the tests is to evaluate the infrastructure and privacy of the information that will be transmitted on the network. The Central Bank received an impressive number of 36 proposals of interest to participate in the Pilot RD, representing more than 100 financial institutions from different segments. Among these proposals, Sinqia stood out and was selected as one of the 16 institutions to participate in this innovative project. How will Sinqia contribute? The consortium that Sinqia integrates was strategically formed to meet the various demands related to the digital version of the Brazilian currency.