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The Rio Crypto Hub, which took place on September 28th and brought several debates about the crypto universe, is part of a Chainlink global event held simultaneously in 77 locations worldwide. In Brazil, the stage chosen could not be different – after all, the capital city of Rio de Janeiro is becoming a hub for innovation and development of both technology and economic solutions.

“The crypto ecosystem in Rio de Janeiro is robust. This event is further proof of that. You just need to check the high level of the speakers. Community creation and education are essential pillars for a booming market, and the Rio Crypto Hub carries in its DNA these two features”, said Rodrigo Stallone, director of Ventures at Transfero.

In Transfero’s presentation, which included the participation of Pedro Mace, head of DeFi, the topic under discussion was the role of stablecoins. “They allow people to operate in the globalized world, in a free and decentralized way”, he said, mentioning that the BRZ is a national tool for such purpose, and that with the arrival of the digital real, it can also be paired with CBDC – that is, they will not be competitors.

Blockchain brings mathematical confidence

Mace commented that it makes no sense to put all the functions of an operation inside the blockchain. “It’s inefficient and not sustainable”, he stated. “But, I think it’s interesting to do decentralization using a DAO, automating a fund’s back office. That should start happening in the next few years because these perfectly trusted networks end up replacing centralizing, middleman functions”, he pointed out.

According to him, these different functions are slowly incorporated by blockchain, as people realize they can trust blockchain more than the government, as it is mathematical confidence. “It’s an experience in putting real-world things into Web 3.0”, he said. That kind of integration is what will take DeFi to a second level.