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Brazilian State Bank to Tokenize Brazilian Real on Ethereum’s Public Blockchain
The Brazilian National Bank for Economic and Social Development (BNDES) is tokenizing the country’s national currency through ethereum’s public blockchain to increase transparency. “Any Brazilian can see the companies involved in the transaction and the transactions carried out. Critical information will not be stored in a database within BNDES. They will be public in the blockchain,” Suzana Maranhão, a member of the BNDES Token Team, says according to a rough translation. Sponsored Borrowers from the State Development Bank and those given grants will receive ERC20 Ethereum tokens called BNDES Token, each fixed at the value of 1 real. With the tokens being redeemable at will...
You Can Now Tokenize Yourself
The future was meant to involve flying cars and jetpacks. Instead, it involves tokenizing yourself on the blockchain. It was Andy Warhol who famously observed that in the future everyone will be famous for 15 minutes. That fame, it now appears, may come in the form of the ultimate crypto vanity project: tokenizing yourself and selling your time. One audacious entrepreneur, Boris Akimov, is seeking to do precisely that. Putting the I in ICO It turns out that peak blockchain didn’t occur when an iced tea company appended the word to its name for no reason. Instead it arrived on...
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