The Digital Real Pilot Project
The Digital Real is poised to speed up the adoption of the new digital economy, functioning as settlement layer for tokenized financial and non-financial assets.
Parfin is among a select group of institutions chosen by the Brazilian Central Bank to take part in the Digital Real (CBDC) pilot project, and also is supporting other chosen institutions with its top-tier infrastructure.
Also, Parfin participated in the Lift Challenge, the sandbox project previous to the Digital Real pilot project, working hand in hand with Santander. In this project, we opted for Hyperledger Besu as the blockchain technology, later singled out by the Brazilian Central Bank for the Digital Real pilot project. This decision turned out to be a incredibly relevant, giving us a deep-dive into the technology, including its implementation and limitations.
Count on Parfin to make sure you don't miss out on this wave of innovation in digital assets!
The benefits of tokenization
New business opportunities
The technology will unlock business opportunities, enabling the trading of new assets and paving the way for more streamlined financial services and marketplaces.
A single settlement standard
The definition of a single standard for financial market infrastructure, based on blockchain technology, will lead to considerable efficiencies in the settlement of assets among participants.
Operational process efficiency
The use of smart contracts will automate operational processes, spanning to the different phases of financial instruments’ life-cycle.
Access and transparency for the public
Customers will have access to a wider array of investment assets and more affordable and transparent financial services.
End-to-end tokenization solution
Parfin offers end-to-end infrastructure and solutions for asset tokenization, vouching for security, efficiency, and scalability. Harness Parfin’s services to fast-track your journey to tokenization.
Setting up of permissioned blockchains on the client's own private cloud or as a service on Parfin's cloud.
An Ethereum client tailor-made for permissioned networks and intended to be business-friendly, especially for financial institutions. It has a bridge system enabling quick and safe token transfers from any other blockchain.
- Minimum of 1 node
- Maximum of 10,000 transactions per second
- Enterprise-grade database with cloud backup, sharding, and pruning
CAn Ethereum client designed for use in both public and permissioned network cases.
- Minimum of 4 nodes
- Maximum of 300 transactions per second
- Basic database with no backup
Digital asset custody adhering to the strictest infrastructure and governance standards required by institutions, with multiple implementation models (SaaS, Hybrid, and PCE).
Tools for the management and control of stablecoins, CBDCs, and tokenized financial instruments, facilitating token redemption, issuance, and transfers with high governance.
Standards of tokenized financial instruments through smart contracts that allow automation of the lifecycle: book building, distribution, and settlement.
Who are the clients tokenizing with Parfin?
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