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Brazil: digital real is well regarded by 80%, but few know the practical use of new technology – survey

By Toni Sciarretta

Most Brazilians have heard of the digital real, the tokenized version of the Brazilian currency being developed by the Central Bank (BC), but few know the usefulness of the new technology, and a large portion of companies still have a certain skepticism about the practical applications that come with the digitalization of money, according to a study commissioned by Cryptum, a "blockchain as a service" (BaaS) infrastructure startup.

In the survey of the general public, 93% of respondents say they have heard of digital currencies, and 80% say they look favorably on this initiative.

The survey included . . .

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