“Blockchains Are Like Digital Highways,” Says CVM Manager at Rio Tech Summit 2025
- Why Are Blockchains Compared to Digital Highways?
- How Is Brazil’s Government Adopting Blockchain?
- What Are the Regulatory Hurdles?
- Why Are Public-Private Partnerships Key?
- What’s Next for Brazil’s Blockchain Ecosystem?
- FAQs
At the cardano Tech Summit 2025 in Rio de Janeiro, Jorge Casara, a manager at Brazil’s Securities and Exchange Commission (CVM), likened blockchains to "digital highways" for data and value transfer. The event highlighted partnerships between government agencies like Serpro and Petrobras with private firms to advance blockchain adoption in Brazil. Discussions also touched on regulatory challenges and the need for a national blockchain strategy. Here’s a deep dive into the key takeaways.
Why Are Blockchains Compared to Digital Highways?
Jorge Casara, CVM’s Risk Supervision Manager, emphasized that blockchains function as decentralized infrastructures—akin to highways—where information and assets Flow securely. "Institutions like the CVM play a critical role in making these ‘roads’ accessible, competitive, and safe," he noted. This analogy underscores blockchain’s potential to streamline governance and financial systems, though regulatory frameworks remain a work in progress.
How Is Brazil’s Government Adopting Blockchain?
Kléber Santos, an advisor at Serpro (Brazil’s federal data service), revealed collaborations with private firms to innovate data management. One flagship project is the, ensuring data sovereignty by hosting information domestically. "Partnerships with companies like Cardano are vital to upskilling professionals and building a national blockchain policy," Santos added. Petrobras, the state-run oil giant, also participated, signaling cross-industry interest.
What Are the Regulatory Hurdles?
Lawyer Adriano Manso stressed that blockchain’s growth hinges on clear regulations. "Legal certainty is non-negotiable for developers and entrepreneurs," he argued. The summit’s panels explored balancing decentralization with oversight—a tightrope walk for policymakers. While Brazil lags in some sectors, events like this accelerate dialogue beyond tech, covering security and social impact.
Why Are Public-Private Partnerships Key?
Casara pointed to collaborations between Cardano, Serpro, and Petrobras as blueprints for scaling blockchain infrastructure. "These alliances bridge expertise gaps and foster industrial policy," he said. For context, Serpro’s cloud initiative already processes sensitive data locally, a model for other agencies.
What’s Next for Brazil’s Blockchain Ecosystem?
The summit underscored the urgency of a national blockchain framework. While progress is uneven, the CVM’s proactive stance and Serpro’s tech deployments suggest momentum. "We need more spaces where government, academia, and businesses co-create solutions," Manso concluded. For now, Brazil’s digital highways are under construction—but the roadmap is taking shape.
FAQs
What was the main theme of the Cardano Tech Summit 2025?
The summit focused on blockchain adoption in Brazil’s public sector, featuring discussions on regulation, data sovereignty, and public-private partnerships.
How does Serpro contribute to blockchain innovation?
Serpro’s Government Cloud project ensures data is stored and managed within Brazil, aligning with national sovereignty goals while leveraging blockchain for security.
What role does the CVM play in blockchain development?
The CVM aims to create a safer and more accessible blockchain ecosystem by collaborating with industry stakeholders and shaping regulatory guidelines.
