Brazil Launches First Cryptocurrency via Token in Latin America! It Will Be Released by September 2022 as a Digital Asset Independent of Governments and Will Support the Metaverse. Creation Originated in Balneário Camboriú

Written by Sabrina Moreira Paes

Published on 30/06/2022 at 22:49

Cidade do Brasil vai ser a primeira da América Latina a ter uma criptomoeda própria, com wallet e token | Foto: Olhar DIgital

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Wayne Digital Solutions, Cryptocurrency Specialist, Is Responsible for Unprecedented Creation in Brazil

Another great Brazilian achievement: we now have an independent cryptocurrency, associated with its own token and wallet, called BC Token. This creation emerged in Balneário Camboriú, on the coast of Santa Catarina, earning it the title of the first city to have its own currency in Latin America, with a digital asset independent of governments that can even function in the metaverse. The technology allows for transaction control via mobile phone.

Wayne Digital Solutions, headquartered in Balneário Camboriú, is behind this innovation. It has been specializing in cryptocurrencies and blockchain for many years. Thanks to this new regional technology, financial transactions will be easier, and the digital asset will be independent, allowing for online and in-person payments and instant transfers of significant amounts to anywhere in the world. Learn more about this invention in today’s article.

Understand a Little More About What Cryptocurrency Is and How It Works in the Video Below

YouTube video — **Cryptocurrencies Are Part of the New Era of Investments and Finance in the World | Reproduction — YouTube: Empiricus**

New Cryptocurrency Project Is Still in Testing Phase and Will Be Launched This Year

The project was initiated by Wayne Digital Solutions in partnership with IHit, and is now in the testing phase to avoid any errors after the operations. IHit had one of its projects valued at 3,600% in 2021, and is now looking for another achievement.

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“Designed to be part of the financial day-to-day of anyone in the city, from tourists to merchants, including investors, BC Token will appreciate as it gains market volume, just like digital currencies such as Bitcoin. BC Token will be an asset as well as a platform for NFTs for the Metaverse, with images generated by users using accessible technological tools. Balneário Camboriú is our laboratory. We will innovate in this city that is pioneering by nature, but iHit Full HUB plans to activate virtual currencies in other municipalities in Brazil this year”.

Anderson de Almeida, Multisector Entrepreneur, CEO of IHit and Developer (2022)

This cryptocurrency is even more innovative because it can finance various transactions directly linked to the metaverse. This includes buying, selling or renting, tourism, and entertainment in the Balneário Camboriú region, with the possibility of cashing out the token to Brazilian real at any time. Additionally, the currency incorporates utility tokens, which are digital assets that enhance access to products and applications in the investment market.

Thus, the currency benefits and facilitates transactions for tourists and residents in the area through the bcwallet, which can also be used in commerce as a form of payment. The developers are preparing a pre-sale in 60 days, offering the cryptocurrency at a price below the market and its original value after the official launch.

After All, What Is the Blockchain Used in This New Currency?

In addition to all the benefits, the cryptocurrency created in Balneário Camboriú has an associated blockchain, which is a type of ledger with distinct parts scattered that form a puzzle to decipher the transactions made. Therefore, records do not get lost and are secure, preventing ill-intentioned individuals from retroactively reading the codes and generating a type of collusion in the network.

As a block is mined, others are recorded, and thus the chain grows. In other words, this block construction allows market participants to trace their transactions while keeping them confidential from others, without any central record.

Brazil Launches First Cryptocurrency via Token in Latin America! It Will Be Released by September 2022 as a Digital Asset Independent of Governments and Will Support the Metaverse. Creation Originated in Balneário Camboriú

Wayne Digital Solutions, Cryptocurrency Specialist, Is Responsible for Unprecedented Creation in Brazil

Understand a Little More About What Cryptocurrency Is and How It Works in the Video Below

New Cryptocurrency Project Is Still in Testing Phase and Will Be Launched This Year

After All, What Is the Blockchain Used in This New Currency?

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Wayne Digital Solutions, Cryptocurrency Specialist, Is Responsible for Unprecedented Creation in Brazil

Understand a Little More About What Cryptocurrency Is and How It Works in the Video Below

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After All, What Is the Blockchain Used in This New Currency?

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