Review on Brazilian Digital Token by Azat Serdalyyew
There is a lot about this project.
BRZ is an ERC-20 token developed on the Ethereum blockchain, which aims to hold a 1: 1 stake in Brazilian Real. According to the site, market experts will look at price stability depending on the stores held by the managers, and the issuance of new notes with key stores will be reviewed by a reputable foreign company.
It allows Brazilians to secure the value of their resources by promising them to enter the crypto market in other lucrative currencies.
Helps to use developed cash as a form of payment in the world
It offers a consistent connection to your token.
There are currently more than 2,000 cryptocurrencies in the world, so most of them need a financial backer to buy bitcoin or another coin first. With BRZ, it loses its relevance by making it easier to work with additional effects, reducing its openness to unstable coins that can interfere with these concepts.
Pros
- The goal is that any user can exchange money for this asset and use it anywhere in the world.
- According to official data, the price is wanted because it is always backed up by stocks.
Cons
- I didn’t see the negative side here.
