The tokenization of the Brazilian financial system

With technological advances, the most diverse areas change and update each other every moment, and this would be no different with the financial and payments system. Evolutionary transformations are deep and alter the regulatory behavior of social structures.

From a more specific perspective, law and economy are fundamental figures in our society, as they reflect the main duties assumed by citizens. These two factors are always interconnected - the law, establishing standards through legislation, organizes the economy toward order.

The digital economy, in turn, needs even more from a forceful legal system in the attempt to develop social, technological and economic developments. In this sense, new disruptive technologies emerge daily, being tokenization a relevant and contemporary example. With this solution, the financing of various projects went at a tiny cost compared to traditional project finances, which divided into building projects, mining, oil, and had long -term investments, observing numerous challenges (among them, government and political obstacles, contractual elements, etc.).

Through asset tokenization, the dissemination of transionic projects was eventually facilitated, rapidly expanding the viability of this solution to various types of business. However, it is true that, in these cases, the economy again needs the legal look to frame excess/sanctions, avoiding damage to the projects. Legislation, therefore, is an essential tool for the best functioning of society that calls for the digital economy.

Thus, the evolution of the market, habits and consumer behaviors reflect a significantly expanded regulatory framework, so that new technologies, subjected to entirely digital solutions, undergo legal discussion, in an attempt that all transactions are exempt from cyber insecurity.