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Central Bank of Brazil Hints at a Future Integration of AI Into Its CBDC

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The Central Financial institution of Brazil has hinted at implementing synthetic intelligence (AI) and information monetization processes into Drex, its central financial institution digital foreign money (CBDC). In a latest presentation, Roberto Campos Neto, the Central Financial institution of Brazil’s president, confused that the financial institution’s innovation agenda had 4 blocks: Pix, Drex, Forex Internationalization, and Open Finance. Nonetheless, he introduced AI and information monetization as extra blocks for the long run, hinting at a still-undefined integration of those parts into the present tech stack. Whereas no extra particulars have been launched on this, the financial institution has already established the Heart of Excellence for Knowledge Science and Synthetic Intelligence (Cde IA) to enhance the effectivity and productiveness of the establishment via AI.

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