The Brazilian Blockchain Network, a public and distributed blockchain, was launched on May 30 at an event hosted by the Brazilian Development Bank and the Court of Accounts of the Union.
on May 30. The event, which was hosted by the Brazilian Development Bank and the Court of Accounts of the Union, serves as a starting point to call other institutions to collaborate with the development and growth of the network.Gustavo Montezano, the president of the Brazilian Development Bank, who is in charge of the development of the network,
that the organization will sign agreements with other government institutions to collaborate on this task, stating that “the more people acting collectively, the better.”Montezano also stated that the next step for the Brazilian Blockchain Network would be to get out of the lab structure and establish a working production prototype, so other third parties can focus on building apps on the network.
that the design of the network would be based on a proof-of-authority consensus mechanism, with no mining on top of the chain. At the time, he also revealed that the project would use Hyperledger Besu 2.0 as its base.
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