Post
Topic
Board Altcoin Discussion
Re: is this a good sign for ethereum
by
harrypotpot
on 15/01/2019, 03:44:12 UTC
A state-owned bank in Brazil is about to issue a crypto token designed to maintain parity with the national currency.
the Brazilian National Social Development Bank will launch a pilot in January 2019 for the BNDES token, which runs on the ethereum blockchain.

https://www.coindesk.com/this-brazilian-bank-is-using-ethereum-to-issue-a-stablecoin

your opinion Smiley

Well, there is two things that make the crypto change its way, Adoption and Decline. As I can see, brazilian national social development bank is going to somehow adopt on ethereum block chain which is good for the cryptocurrency industry.